New Hope Corporation LTD operates in the Bituminous coal--underground sector. New Hope Corporation Limited (New Hope) is an independent, energy company. The principal continuing activities of the Company and associated companies consists of Investments and Coal mining. Coal mining includes exploration, development, production, processing, associated transport infrastructure and ancillary activities. On February 28, 2011, New Hope's wholly owned subsidiary, Arkdale Pty Ltd, acquired 80.8% of the issued share capital of Northern Energy Corporation Limited. Northern Energy Corporation Limited is a coal exploration company with interests in a portfolio of coking and thermal coal projects in Queensland and New South Wales that are being progressed towards development. During the fiscal year ended July 31, 2011 (fiscal 2011), the New Acland open cut mine produced 4.54 million tons of clean coal. During fiscal 2011, the West Moreton operations consisting of Jeebropilly and New Oakleigh open cut mines produced 1.10 million tons of clean coal. In our complete report available for purchase the company is compared to: Macarthur Coal Limited, Whitehaven Coal Limited and Coal & Allied Industries Limited.