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Coal

BHP will announce a decision on its WA nickel operations in the coming months
BHP nears decision on WA nickel, adjusts coal guidance
18th April 2024 By: Mariaan Webb

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Peabody eyes coking coal expansion at Aus mine
Peabody eyes coking coal expansion at Aus mine
17th April 2024 By: Creamer Media Reporter

Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well... 


A person using candles during power cuts
Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa
16th April 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential... 


German coal mines emit much more methane than reported, study says
German coal mines emit much more methane than reported, study says
16th April 2024 By: Bloomberg

German coal mines spew 184 times more methane than what the country reports to the United Nations, according to a new analysis by Ember. The energy think tank used methodology developed by... 


China's March coal output slumps on high stockpiles, lower demand
China's March coal output slumps on high stockpiles, lower demand
16th April 2024 By: Reuters

China's coal output fell 4.2% in March, statistics bureau data showed on Tuesday, as miners cut back production on lower demand from power generators and ample inventories of the fuel limited... 


Bridge disaster in Baltimore gets FBI criminal investigation
15th April 2024 By: Bloomberg

The FBI has opened a criminal investigation into what occurred on the cargo ship that crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse, according to a person familiar... 


Halt in loadshedding could boost mining production, if sustained
12th April 2024 By: Creamer Media Reporter

South Africa has had more than two weeks without loadshedding and, if this can be sustained, it could push mining production for the full year into positive terrain, says Minerals Council South... 


Stanmore appoints Brennan as nonexec director
12th April 2024 By: Creamer Media Reporter

Queensland coal miner Stanmore Resources has appointed Keira Brennan an independent nonexecutive director. Brennan has more than 30 years’ experience advising in the energy and resources sector and... 


Macmahon MD and CEO Michael Finnegan
Macmahon advances capital-light strategy with sale of mobile equipment
12th April 2024 By: Mariaan Webb

Mining services company Macmahon has taken a strategic step towards enhancing its return on average capital employed (ROACE) performance by agreeing to sell a substantial portion of its mobile... 


China to build more coal mines to feed surging power capacity
China to build more coal mines to feed surging power capacity
12th April 2024 By: Bloomberg

China will build more coal mines in its push for higher domestic supply and to tame price increases, according to the National Development and Reform Commission. The world’s biggest coal producer... 


Peabody slumps as production issues, weather crimp revenue
Peabody slumps as production issues, weather crimp revenue
12th April 2024 By: Bloomberg

Shares of Peabody Energy slumped after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Coal stockpiles at a power station
Global coal power grew 2% last year, the most since 2016, GEM survey says
11th April 2024 By: Reuters

The world's coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published... 


Poland axes coal spinoffs in favour of tie-ups
Poland axes coal spinoffs in favour of tie-ups
10th April 2024 By: Bloomberg

Shares in Polish power utilities plunged the most in 18 months after a senior government official outlined plans to abandon coal asset spin-offs and instead link mines back with electricity... 


coal in hands
MC Mining committee reluctantly advises shareholders to accept Goldway offer
10th April 2024 By: Marleny Arnoldi

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 


Baltimore port closure means 35% drop in April US coal exports
Baltimore port closure means 35% drop in April US coal exports
10th April 2024 By: Bloomberg

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month. Exports will slump 6.3% for the... 


Eskom to ramp down planned maintenance to 3 000 MW in winter
Eskom aims to keep breakdowns below 14 GW this winter as it cuts diesel budget
9th April 2024 By: Terence Creamer

State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to... 


BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO drops anti-coal policy amid Wall Street rebuke of ESG
9th April 2024 By: Bloomberg

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Secunda complex
Sasol granted permission to use load-based limit to regulate SO2 emissions from Secunda boilers
8th April 2024 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Barbara Creecy has granted Sasol South Africa permission to employ a load-based limit to regulate the sulphur dioxide (SO2) of its Secunda boilers... 


Eskom's Duvha power station
Eskom defends pollution record, saying it’s spending billions
8th April 2024 By: Bloomberg

South Africa’s State power utility, stung by reports about the health impacts of emissions from burning coal, said it’s spending billions of dollars to reduce them and has an ambitious target to... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


Stanmore buys rest of Eagle Downs
Stanmore buys rest of Eagle Downs
5th April 2024 By: Creamer Media Reporter

Australian coal miner Stanmore Resources is taking full control of the Eagle Downs assets, in the Bowen basin of Queensland. The company entered into an agreement with China Baowu Steel Group... 


Coal conveyor
MC Mining committee expresses frustration as Goldway extends offer period
5th April 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed MC Mining has advised that the offer period for a takeover offer made by Goldway Capital Investment has been extended to April 19. The offer would have initially lapsed... 


Seriti Green CEO Peter Venn
RMB facilitates project financing for Seriti Green’s first wind farm in Mpumalanga
5th April 2024 By: Marleny Arnoldi

Mining and energy company Seriti Resources’ subsidiary Seriti Green has signed a long-term project financing agreement with Rand Merchant Bank (RMB) as co-mandated lead arranger to enable the... 


Teck Q1 coal sales in line with guidance
Teck Q1 coal sales in line with guidance
5th April 2024 By: Creamer Media Reporter

Canadian mining company Teck Resources has reported first-quarter steelmaking coal sales of 5.9-million tonnes, which is in line with its guidance of 5.9-million to 6.3-million tonnes. The... 


Salungano to appeal dismissal of Keaton Energy business rescue application
Salungano to appeal dismissal of Keaton Energy business rescue application
3rd April 2024 By: Tasneem Bulbulia

Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to... 


India coal miner plans $720m sale of renewables unit
3rd April 2024 By: Bloomberg

State-run coal miner and power producer NLC India is planning to sell renewable assets worth an estimated 60-billion rupees ($720-million). The company will put nearly 1.4 GW of mostly solar... 


China’s coal price slump likely to persist until start of summer
China’s coal price slump likely to persist until start of summer
3rd April 2024 By: Reuters

Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners. The country’s benchmark... 


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