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Coal News

South African mining-focused EV manufacturer launched

By: Nadine James     20th June 2018 Battery-driven mining vehicle solution provider Battery Power Industries (BPI) officially launched on Wednesday. The South African original-equipment manufacturer specialises in the development of battery energy systems, electrical traction systems and high-speed charging systems for underground... 

Report alleges miners inadequately disclose information on environmental rehabilitation costs

By: Nadine James     20th June 2018 Neither the law, nor the accounting standards governing company disclosures, ensure the necessary transparency and accountability about financial provision for environmental rehabilitation, the Centre for Environmental Rights (CER) alleges in its ‘Full Disclosure: The Truth about Mining... 

Emission abatement technology could drive industrialisation – EPCM Global

By: Nadine James     20th June 2018 South African firm EPCM Global Engineering has partnered with Luxembourg-based Carbon Process & Plant Engineering (CPPE) to bring its emissions abatement technology to Africa, in a move that could spur industrialisation, says EPCM Global CEO Tumi Kgomo. He explains that the technology, which was... 

Asia's thermal coal demand poised to grow

By: Esmarie Swanepoel     19th June 2018 Asia’s thermal coal demand could increase by some 400-million tonnes by 2030, a new report commissioned by the Minerals Council of Australia (MCA) found. Asian thermal coal demand is expected to grown from the 740-million tonnes in 2017, to 1.147-billion tonnes in 2030. 

Asia's thermal coal demand poised to grow

High Court lifts interim order against MC Mining's Makhado project

By: African News Agency      18th June 2018 MC Mining, previously known as Coal of Africa, on Monday said it welcomed a high court decision to lift an interim order against the company's environmental authorisation for the Makhado hard coking and thermal coal project. The court had in 2014 granted the Vhembe Mineral Stakeholders Forum and... 

India is said to plan to sell a stake in State-run coal miner

By: Bloomberg     18th June 2018 Prime Minister Narendra Modi’s administration is planning to offload a stake in State-run Coal India to speed asset sales after a disastrous attempt to find a buyer for the cash-strapped national airline, people with knowledge of the matter said. The Department of Investment and Public Asset... 

China's taxing America's coal just as it was looking to buy more

By: Bloomberg     16th June 2018 Forgive US coal miners for feeling a bit of whiplash over China’s trade policies. Just two weeks ago, the Chinese government was said to be considering buying more American coal as part of an effort to narrow its trade deficit with the US. Now, in retaliation for President Donald Trump’s duties... 

China's taxing America's coal just as it was looking to buy more

Exxaro appoints new chairperson

By: Marleny Arnoldi     15th June 2018 JSE-listed coal and heavy minerals miner Exxaro has appointed Jeffrey van Rooyen as independent nonexecutive chairperson.  

Minerals Council, water dept collaborate on water conservation, demand management project

By: Creamer Media Reporter      15th June 2018 The Department of Water and Sanitation (DWS) and the Minerals Council South Africa (MCSA) have reached a significant milestone in a collaborative exercise on water conservation and water demand management aimed at driving water savings and usage improvements in the mining industry. The... 

Minerals Council, water dept collaborate on water conservation, demand management project

Yancoal denies firm plans for dual listing

By: Esmarie Swanepoel     15th June 2018 ASX-listed Yancoal has denied reports that it has taken a firm decision for a dual primary listing in Hong Kong. The company was responding to reports that a dual listing was planned for later this year, which could raise between $600-million and $800-million. 

Royalties to contribute A$20bn to Qld Budget in next five years

By: Esmarie Swanepoel     15th June 2018 The resources sector’s contribution to the Queensland state Budget is expected to soar to more than A$20-billion between now and July 2023. Total mineral royalties reached A$4.32-billion in the 2018 financial year. 

South African pumps range proves popular as US industry ramps up

By: Erin Steenhoff-Snethlage     15th June 2018 Centurion-based, family-owned pump solutions company Hazleton Pumps’ Hippo flameproof submersible pump range received increased interest, particularly from US coal mines, at the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) Convention in Vancouver, Canada, last month. “There were... 

South African pumps range proves popular as US industry ramps up
BIG IN THE US The Hippo flameproof submersible slurry pumps are attracting interest from US coal mines

Virtual reality blast wall, cube providing ‘memorable’ training

By: Nadine James     15th June 2018 Virtual reality (VR) solutions provider Simulated Training Solution’s (STS’s) world-first VR blast wall and its VR cube have resulted in efficient, effective and memorable training programmes for Anglo American Platinum’s Engineering Services Training Centre (ESTC) in Randfontein, and Murray and... 

Virtual reality blast wall, cube providing ‘memorable’ training
VIRTUAL BLAST WALL The VR blast wall was designed and developed by STS in 2015 on request of Sasol Nitrate and Glencore

Illegal mining worth R7bn a year – PwC

By: Martin Creamer     14th June 2018 The value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7-billion a year, says PwC. In its latest edition of SA Mine, the professional services firm equates this to revenue generated from 430 000 oz of gold at the current market price. 

Illegal mining worth R7bn a year – PwC
Photo by Dylan Slater
Informal processing of sand from a depleted mine dump off the N3 South freeway, near Elandsfontein, in Germiston

Nersa grants Eskom R32.69bn in RCA application 

By: African News Agency      14th June 2018 The National Energy Regulator of South Africa (Nersa) on Thursday granted Eskom R32.69-billion following its regulatory clearing account (RCA) application for the multi-year price determination period from 2015 to 2017. The cash-strapped power utility had applied for a 19.9% tariff hike to recoup... 

Nersa grants Eskom R32.69bn in RCA application

Trump's coal gambit may yield political points, not mining jobs

By: Bloomberg     14th June 2018 The Trump administration’s plan for reviving coal power plants is unlikely to resurrect mining jobs but may boost the president’s support among crucial Rust Belt voters before the midterm elections that will determine which party controls Congress. President Donald Trump has asked Energy... 

 Trump's coal gambit may yield political points, not mining jobs

South Africa's mining production down 4.3% y/y in April

By: African News Agency      14th June 2018 South Africa' mining output fell by decreased by 4.3% in April compared with the same month last year, the national statistics agency said on Thursday. Statistics South Africa said the largest negative contributors to the decline were platinum group metals (PGMs), which slid 6.5%, deducting 1.5... 

South Africa's mining production down 4.3% y/y in April

Glencore Coal provides free WiFi to two host communities

By: Nadine James     14th June 2018 Thermal coal miner Glencore Coal South Africa (SA) has launched a free WiFi initiative, which will allow members of two of the company’s host communities, Phola and Ogies, to access 500 MB/d per person for educational, economic and leisure purposes. The initiative currently comprises six... 

Tharisa expands its presence in Zim with acquisition of Karo stake

By: Simone Liedtke     13th June 2018 JSE-listed Tharisa has acquired a 26.8% shareholding in Karo Mining Holdings for $4.5-million. Karo Mining, in March, reached an agreement with the Zimbabwe government to establish a platinum group metals (PGM) mine, concentrators, smelters, a base metal and precious metals refinery and power... 

Ball set rolling for development of India’s largest coal block in West Bengal

By: Ajoy K Das     13th June 2018 The ball has been set rolling for development of the Deocha-Pachami coal block, which at an estimated two-billion tons of coal is India’s largest. The block has been allocated to the government of West Bengal for development and production from the asset. 

South Africa’s ‘Samcodes way’ a world-beater – Mullins

By: Martin Creamer     12th June 2018 South Africa has succeeded in creating a meticulous set of mineral reporting codes that continue to gain international recognition. The South African Mineral Reporting Codes (Samcodes), which protect investors, are currently so highly regarded that in October South Africa will host a large... 

South Africa’s ‘Samcodes way’ a world-beater – Mullins
Photo by Dylan Slater
Samcodes standards committee chairperson Matt Mullins (left) and Mining Weekly Online's Martin Creamer

Stanmore extends Isaac Plains with Peabody deposit buy

By: Esmarie Swanepoel     12th June 2018 Coal miner Stanmore Coal has struck a A$30-million deal with Peabody Australia to acquire the Wotong South coking coal deposit, which is located adjacent to Stanmore’s Isaac Plains project, in Queensland. In addition to the A$30-million cash price, Stanmore has also agreed to a production-based... 

Coal royalties give Queensland Budget surplus a boost

By: Esmarie Swanepoel     12th June 2018 A record contribution from coal royalties has assisted the Queensland government in delivering a surplus of A$1.5-billion for the 2017/18 financial year – three times more than what was predicted in the mid-year fiscal and economic review forecast in December. “The Queensland economy continues... 

Coal royalties give Queensland Budget surplus a boost

Ncondezi power project in Mozambique nears JDA completion, financial close 

By: Marleny Arnoldi     11th June 2018 The joint development agreement (JDA) for Aim-listed Ncondezi Energy’s integrated 300 MW power and coal mine project in Tete, Mozambique, is nearing completion.  

India moots allocating coal blocks to oil companies for methanol production

By: Ajoy K Das     11th June 2018 he Indian government has mooted a proposal to allocate coal blocks to national oil refining-marketing companies to produce methanol and to reduce dependency on imported crude oil-based diesel consumption. The work-in-progress proposal under the Road Transport Ministry will be submitted to the... 

Wollongong avoids mine suspensions

By: Esmarie Swanepoel     11th June 2018 ASX-listed Wollongong Coal has forestalled the suspension of mining operations at its Wongawilli Colliery, in New South Wales, after reaching an agreement with the Department of Planning and Environment (DPE) over a number of late payments of various authorization fees. The DPE in February... 

Botswana coal miner sees opportunity in regional shortages

By: Bloomberg     11th June 2018 Botswana’s sole operating coal mine will increase output almost threefold within seven years as it eyes export opportunities created by a shortage of the fuel that’s used to fire most of southern Africa’s power plants. Morupule Coal Mine in the east of the country will ramp up annual production... 

AM Resources to acquire 60% in Colombian gold property

By: Marleny Arnoldi     11th June 2018 TSX-listed AM Resources Corporation has signed an option agreement to acquire a 60% interest in a Colombian gold property and is seeking to raise $600 000 in a private placement on the TSX.  

Coal rallies to six-year high as heatwave fires up China demand

By: Bloomberg     8th June 2018 The heat is on in the global coal market. Prices of Newcastle coal are at the highest level since 2012 after surging 24% since mid-April to $112.05 a metric ton on Thursday as China maintains robust demand during unseasonably hot weather. Despite measures imposed by the top user to cool soaring... 

TerraCom secures more offtake for Blair Athol

By: Esmarie Swanepoel     8th June 2018 ASX-listed junior TerraCom has secured coal offtake from its Blair Athol mine, in Queensland, for the June quarter. The company said on Friday that the coal sales volumes and prices for the June quarter were in line with forecast, which would ensure that TerraCom completed the financial year... 

Energy company expects appropriate tariff from financial model review

By: Melissa Zisengwe     8th June 2018 Emerging Mozambican power development company Ncondezi Energy says the positive preliminary results from updated proposals from the engineering, procurement and construction (EPC), as well as operations and maintenance (O&M) contracts, for its integrated power and coal mine project indicate... 

Energy company expects appropriate tariff from financial model review
SUPPLY BOOST The Ncondezi project will supply 300 MW to the Mozambican grid, specifically into the northern grid, where power supply is unreliable

MMEC conference outlook indicative of state of mining industry

By: Melissa Zisengwe     8th June 2018 The increase in international participation at the sixth edition of the Mozambique Mining, Energy and Natural Gas Conference (MMEC) reflected the state of the Mozambique mining industry, which is an emerging market, says event organiser AME Trade. The conference was held in Maputo on April 25 and... 

MMEC conference  outlook indicative of  state of mining industry
SIXTH EDITION The Mozambique Mining, Energy and Natural Gas Conference was held in Maputo on April 25 and 26

Reinstatement of Eskom system reports seen as way to rebuild trust through transparency

By: Terence Creamer     7th June 2018 State-owned electricity producer Eskom has re-launched its weekly system status report as part of broader efforts to rebuild trust with South African citizens, who remain skeptical about the utility’s ability to keep the lights on. The service, which is now available on Eskom’s website, was... 

Reinstatement of Eskom system reports seen as way to rebuild trust through transparency
Photo by Dylan Slater
Eskom system operator Bernard Magoro

Workers call for total shutdown of Eskom amid wage negotiations deadlock 

By: African News Agency      7th June 2018 The National Union of Mineworkers (NUM) on Thursday called for a total shutdown of South African state-owned power utility, Eskom, following another collapse in wage negotiations.  Eskom workers are demanding a 15% wage increase across the board in a one-year agreement, 80:20 percent contribution... 

No let up on calls for flow-through model to boost exploration

By: Martin Creamer     7th June 2018 The failure to raise risk capital for greenfields exploration in South Africa was highlighted at this week’s Junior Indaba, where there was no let up on calls for the adoption of a proven Canada-type flow-through share scheme, and ongoing criticism of the unintended consequences of South Africa’s... 

No let up on calls for flow-through model to boost exploration
Photo by Wynand van der Merwe
JSE business development manager Patrycja Kula-Verster

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside 

By: Terence Creamer     7th June 2018 State-owned electricity utility Eskom will, in the coming days, approach the courts to have the National Energy Regulator of South Africa’s (Nersa’s) tariff determination for 2018/19 set aside, chairperson Jabu Mabuza confirmed on Thursday. The action would represent Eskom’s first-ever legal... 

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside
Public Enterprises Minister Pravin Gordhan on Eskom's restructuring, 'Gupta-risation' of coal and improving primary-energy security and costs. Camera Work & Editing: Nicholas Boyd: Recorded: 7.6.2018

Qld refutes claims it will fund access road to Carmichael mine

By: Esmarie Swanepoel     7th June 2018 The Queensland government has denied reports that it is planning to fund up to A$100-million to build an access road for Adani’s Carmichael coal mine. “There are currently no proposals about roads and Adani being considered by the government,” Queensland Mines and Energy Minister Dr Anthony... 

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