Coal

Europe’s unwanted coal heads to China and India as heat builds

Updated 5 hours ago By: Bloomberg

Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer. Shipments of about seven-million tons of... 

It’s not a good time to be a steel mill or coal mine in China

29th May 2023 By: Bloomberg

China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal... 

Glencore loses more support for climate plan as as coal questioned

Glencore loses more support for climate plan as as coal questioned

29th May 2023 By: Bloomberg

Investor support for Glencore's climate change strategy weakened, obliging the world’s top coal shipper to again consult with shareholders as it defends one of its most profitable businesses.... 

Electricity Minister Dr Kgosientsho Ramokgopa

Limited nature of Electricity Minister’s new powers confirmed by Presidency

27th May 2023 By: Terence Creamer

The Presidency insists that the transfer of responsibility for Section 34(1) of the Electricity Regulation Act to Electricity Minister Dr Kgosientsho Ramokgopa “provides the Minister with a... 

Nippon Steel still in talks with Teck as it seeks stake in coal asset

Nippon Steel still in talks with Teck as it seeks stake in coal asset

26th May 2023 By: Bloomberg

Nippon Steel is still in talks with Teck Resources, despite Glencore's bid for the Canadian miner, as Japan's top steelmaker remains eager to take a stake in Teck's high-grade coking coal asset, a... 

Menar MD Vuslat Bayoglu.

Construction phase of Menar’s new R600m colliery project is in full swing

26th May 2023 By: Martin Creamer

The construction phase of the new Gugulethu Colliery is in full swing. “We’ve started working on the box cut with the anticipation that first coal will be extracted sometime around July/August this... 

Prior to being granted powers, Electricity Minister Dr Kgosientsho Ramokgopa did an extensive tour of Eskom's power stations

President transfers limited powers to procure new electricity generation from Mantashe to Ramokgopa

26th May 2023 By: Terence Creamer

Following more than two months of uncertainty and reported Cabinet infighting, President Cyril Ramaphosa has transferred Ministerial powers relating to the procurement of new electricity generation... 

ICMM President and CEO Rohitesh Dhawan.

Guidance on how mining should manage human rights impacts updated

25th May 2023 By: Martin Creamer

Updated guidance to help mining companies improve how human rights impacts are managed across the globe has been published by the International Council on Mining and Metals (ICMM).  ICMM members... 

Contango's Lubu project produces first washed coal

24th May 2023 By: Creamer Media Reporter

The Lubu coking coal project, in Zimbabwe – owned by London-listed natural resource development company Contango Holdings – produced its first washed coal on May 23. This followed dry and wet runs... 

Drilling cores

Mining and prospecting rights backlog worst in Mpumalanga

23rd May 2023 By: Darren Parker

In a presentation by Department of Mineral Resources and Energy (DMRE) chief director Motlatso Kobe to the Portfolio Committee on Mineral Resources and Energy in the National Assembly on May 23,... 

Green transition's exponential demand for metals, minerals.

Mining council zeroing in on aluminium, copper, silicon, steel in accelerating circular economy

23rd May 2023 By: Martin Creamer

In setting up to accelerate a global circular economy, the International Council on Mining and Metals (ICMM) will be focusing on the value chains of wind turbines and solar photovoltaic panels and... 

China buys more Australian coal as appetite for quality builds

China buys more Australian coal as appetite for quality builds

23rd May 2023 By: Bloomberg

Australian coal continues to make inroads among Chinese buyers, adding to pressure on domestic prices, with new shipments climbing to their highest level since Beijing halted imports in the fall of... 

New Hope posts solid quarter

23rd May 2023 By: Esmarie Iannucci

Coal miner New Hope Corporation has posted solid results for the quarter ended April, with underlying earnings before interest, tax, depreciation and amortisation up by 14.8% on the previous... 

University of the Witwatersrand’s Wits Mining Institute DigiMine Laboratory head Ahsan Mahboob.

Sibanye-Stillwater funding Wits University’s carbon storage brainstorming ‘techathon’

22nd May 2023 By: Martin Creamer

Johannesburg- and New York listed platinum group metals, green metals and gold mining company Sibanye-Stillwater is funding a brainstorming ‘techathon’ on the challenge of storing carbon in... 

Image shows Australian currency

Mining taxes stacking up - report

22nd May 2023 By: Esmarie Iannucci

Australia’s mining industry contributed a record A$63-billion to federal, state, and territory governments in the form of company tax and royalty payments during 2021-22, new data by advisory firm... 

China April coal output eases from record high in March

19th May 2023 By: Reuters

 China's average daily coal production dipped in April from a record level a month ago, official data showed on Tuesday, as some miners trimmed output because of harsh weather and as demand fell.... 

Babcock Ntuthuko Engineering CEO Thava Govender

Despite low risk of blackout, Eskom’s restoration protocols should be paired with larger country plan

19th May 2023 By: Terence Creamer

Amid rising public anxiety over the prospect of a blackout, a former senior Eskom executive has added his voice to those highlighting the low probability of such an eventuality. However, he also... 

Forestry, Fisheries and the Environment Minister Barbara Creecy

Enviro department evaluating EIAs for renewables projects with a combined capacity of 9 789 MW

19th May 2023 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Barbara Creecy reports that the department’s environmental impact assessment section is currently processing applications for renewable-energy... 

A sheet of platinum bullion bars with one solitary gold bar on top

Coal, platinum of most interest in growing junior space

19th May 2023 By: Halima Frost

Junior miner-generated revenue in 2022 proportionally exceeded that of other South African mining-generated revenue, according to Minerals Council South Africa junior and emerging miners desk lead... 

Eskom chairperson Mpho Makwana

Makwana hints at possible legal action against De Ruyter

18th May 2023 By: Terence Creamer

Eskom chairperson Mpho Makwana has indicated that the current board is preparing a possible legal case against former Eskom CEO André de Ruyter for what he describes as “transgressions” arising... 

European coal prices fall below $100 for first time since 2021

European coal prices fall below $100 for first time since 2021

18th May 2023 By: Bloomberg

European coal fell below $100 a ton to the lowest in almost two years as a drop in power demand and gas prices curbed use of the dirtier fuel. Power plants have been favoring gas over coal, with... 

Public Enterprises Minister Pravin Gordhan

Gordhan refutes claim that he prompted De Ruyter’s private Eskom investigation

17th May 2023 By: Terence Creamer

Public Enterprises Minister Pravin Gordhan tore strips off former Eskom CEO André de Ruyter during his appearance before Parliament’s Standing Committee on Public Accounts (Scopa) on Wednesday,... 

Image shows coal piles and loader

New Acland facing fresh challenges

16th May 2023 By: Esmarie Iannucci

Coal miner New Hope Corporation is facing yet another legal challenge to its New Acland Mine Stage 3, with environmental group Oakey Coal Action Alliance (OCAA) having launched a challenge. The... 

Grid capacity is a national priority to solve, the PCC argued

Climate commission recommends grid PPPs to speed up just energy transition

15th May 2023 By: Terence Creamer

The Presidential Climate Commission (PCC) is recommending that alternative investment models, including public-private partnerships (PPPs), be explored to expand and strengthen South Africa’s... 

TFR reports derailment on North Corridor

12th May 2023 By: Creamer Media Reporter

State-owned Transnet Freight Rail (TFR) is operating its North Corridor on reduced load, after a train, enroute to Richards Bay, derailed on Thursday. TFR said in a statement on Friday that 49... 

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