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Coal

Two hands holding raw coal
Coal mining to move to more sustainable practices
23rd February 2024 By: Halima Frost

The ongoing shift from traditional coal mining to sustainably mined coal in 2024 and beyond will “witness remarkable advancements” in new coal mining methods, driven by innovative technologies and... 


Minerals Council CEO Mzila Mthenjane
Fiscal discipline in Budget, but 5% infrastructure expenditure increase ‘barely positive’ – Minerals Council
22nd February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South... 


Coal output needs to rise as demand jumps, Indian official says
Coal output needs to rise as demand jumps, Indian official says
22nd February 2024 By: Bloomberg

India’s state-run miner Coal India will continue to increase production to meet growing demand and help boost inventories, according to a key government official overseeing the fuel. The producer... 


China's top coal producing region tells miners to curb overproduction
21st February 2024 By: Reuters

China's top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal... 


Glencore's head office
Glencore pleased with its performance against the backdrop of lower commodity, energy prices
21st February 2024 By: Marleny Arnoldi

Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows... 


A rail line in South Africa
Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is... 


JSW Steel in talks with Australia's Whitehaven for coal mine stake
JSW Steel in talks with Australia's Whitehaven for coal mine stake
20th February 2024 By: Reuters

India's JSW Steel is in talks with Australian miner Whitehaven Coal for a stake in its Blackwater metallurgical coal mine, a source aware of the discussions said on Tuesday. JSW Steel, India's... 


India gets 40 bids for commercial coal mines
India gets 40 bids for commercial coal mines
20th February 2024 By: Reuters

ndia has received a total of 40 bids for some of the 32 commercial coal mines that were made available for auctioning in December, the government said in a statement on Monday, adding the bids... 


President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels.
Colombia Bill seeks permanent legal ban on new coal contracts
20th February 2024 By: Bloomberg

Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts for the fuel. The proposed law would also allow the expropriation... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Coal India to bid for 3 mines in critical minerals auctions in Feb
19th February 2024 By: Bloomberg

State-run Coal India will bid for three blocks in critical minerals auctions conducted by the country's mines ministry in February, chairman and MD P M Prasad told analysts in a post-earnings... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


An image showing stockpiles at the Rukwa coal mine
Shuka settles legacy dispute with Upendo Group over Tanzania licence
15th February 2024 By: Tasneem Bulbulia

Aim-listed Shuka Minerals, previously known as Edenville Energy, has signed a definitive settlement agreement with Upendo Group, which holds a historic residual 10% interest in the Rukwa coal... 


MC Mining's Uitkomst colliery
MC Mining independent board committee advises against proposed Goldway takeover
15th February 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed MC Mining’s Independent Board Committee (IBC) has advised that shareholders should not accept a takeover offer from Goldway Capital Investment. Goldway in early February... 


Whitehaven Coal tumbles as profit drops, dividend misses consensus
Whitehaven Coal tumbles as profit drops, dividend misses consensus
15th February 2024 By: Reuters

Australia's Whitehaven Coal reported an 86% drop in first-half profit on Thursday and announced an interim dividend that missed market consensus, sending its shares more than 7% lower. Shares of... 


Coal India to add new mines, expand existing ones to meet higher demand, chairman says
14th February 2024 By: Reuters

State-run Coal India plans to start operations at five new mines and expand capacity of at least 16 existing ones to address growing demand for the fuel, its chairman told Reuters on Wednesday.... 


Australia fossil fuels should face new climate levy, experts say
Australia fossil fuels should face new climate levy, experts say
14th February 2024 By: Bloomberg

Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new climate levy under efforts to accelerate a transition to a greener economy,... 


 US coal miner Ramaco ups 2024 guidance
US coal miner Ramaco ups 2024 guidance
13th February 2024 By: Mariaan Webb

US-based metallurgical coal miner Ramaco Resources has raised its 2024 sales and production guidance, which it says reflects the strong market acceptance of the company's coal. The... 


Mining’s focus switching to critical minerals, with ESG pressures increasing
12th February 2024 By: Rebecca Campbell

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 


Stanmore swoops in on South32’s Eagle Downs
Stanmore swoops in on South32’s Eagle Downs
12th February 2024 By: Mariaan Webb

Coal miner Stanmore Resources on Monday announced that it would buy diversified mining firm South32’s 50% interest in the Eagle Downs metallurgical joint venture (JV) coal project, in Queensland.... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’
11th February 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa has move to defend the statement made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on Thursday night that “the end of... 


Exxaro sharpens M&A focus after copper mine loss to China
9th February 2024 By: Bloomberg

Exxaro Resources CEO Nombasa Tsengwa is sharpening the South African coal producer’s diversification strategy, after failing to acquire new mining and energy assets. The Johannesburg-based company... 


Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


President Cyril Ramaphosa
Ramaphosa moots ‘innovative investment models’ for grid as he reiterates support for power and logistics reform
8th February 2024 By: Terence Creamer

President Cyril Ramaphosa used his final State of the Nation Address ahead of upcoming elections to reiterate government’s commitment to reforms in the country’s failing power and logistics... 


Qld approves Winchester South draft EA – Whitehaven
Qld approves Winchester South draft EA – Whitehaven
8th February 2024 By: Mariaan Webb

Coal miner Whitehaven on Thursday welcomed the decision by Queensland Environment, Science and Innovation to approve the Winchester South coal mine draft environmental authority (EA). The approval... 


New Hope takes up bulk of Malabar’s A$160m raising
7th February 2024 By: Mariaan Webb

Coal miner New Hope committed to take up A$105-million of a minimum A$160-million institutional placement equity raising launched by coal junior Malabar Resources on Wednesday. The investment will... 


Digitisation is key to contractor transparency, says Saryx
Digitisation is key to contractor transparency, says Saryx
7th February 2024 By: Tracy Hancock

Compliance, health and safety, and environmental awareness are central to long-term sustainability and are achieved by maintaining rigorous standards and improved visibility and/or transparency.... 


Transnet receives locomotive batteries through RBCT partnership
6th February 2024 By: Schalk Burger

State-owned Transnet has taken delivery of seven full sets of batteries procured by the Richards Bay Coal Terminal (RBCT). The delivery of these critical spares will improve the reliability of... 


From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
6th February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 


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