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Coal News

2018 ‘challenging’ for South African mining companies – PwC

By: Marleny Arnoldi     2nd October 2018 The 12 months to June 30 proved to be a challenging year for South African mining companies, in contrast with the global mining industry, which achieved a considerable improvement in financial performance compared with the prior year. PwC on Tuesday released the tenth edition of its ‘SA Mine... 

Cloud Peak HQ now at Cordero mine

By: Creamer Media Reporter      2nd October 2018 US coal miner Cloud Peak Energy has moved its corporate headquarters to an existing structure at the Cordero mine, outside Gillette, Wyoming, as part of an ongoing process of reducing its costs. Prior to the move, the head office was at 505 S, Gilette avenue, Gillette, in a building that the... 

Radebe outlines additional cost of coal IPPs to consumers

By: Terence Creamer     1st October 2018 Energy Minister Jeff Radebe has confirmed that electricity consumers will pay 1.9c/kWh more by 2030 on a projected electricity tariff of 119c/kWh to accommodate the two independent power producer (IPP) coal-fired power stations included in the draft 2018 Integrated Resource Plan (IRP 2018) – a... 

Radebe outlines additional cost of coal IPPs to consumers

Kibo, Sepco III extend due diligence deadline to end-November

By: Marleny Arnoldi     1st October 2018 Aim- and JSE-listed Kibo Energy on Monday announced that the due date by which potential equity investor Sepco III had to complete its internal investment process had been extended to November 30. This had initially been expected to be completed by September 30.  

Peabody expects no production from fire-hit North Goonyella in Q4

By: Esmarie Iannucci     1st October 2018 US coal miner Peabody Energy has developed and is implementing a multi-tiered plan to extinguish and contain a fire at its North Goonyella mine, in Queensland. Elevated gas levels were detected at the mine during a scheduled longwall move, with personnel observing black smoke coming from the... 

Peabody expects no production from fire-hit North Goonyella in Q4

Scientists weigh call for much deeper cuts to coal pollution

By: Bloomberg     1st October 2018 A panel of the world’s top climate scientists is preparing to recommend much deeper cuts in fossil-fuel pollution than currently suggested as a pathway to stave off a dangerous increase in global temperatures. Utilities by 2030 would have to consume just a third of the coal they burn now to hold... 

Scientists weigh call for much deeper cuts to coal pollution

Metallurgical coal miners may curb costs as prices slip – Fitch Ratings

By: Tasneem Bulbulia     28th September 2018 Strong cost inflation in the global metallurgical coal sector suggests that miners may focus on cost controls as prices decline over the next 18 months, says Fitch Ratings and CRU. CRU estimates that global costs in the metallurgical coal sector increased by 18% in 2017 and continued to rise this... 

Metallurgical coal miners may curb costs as prices slip – Fitch Ratings

Hwange Colliery narrows interim loss, signs of recovery shown

By: Tasneem Bulbulia     28th September 2018 Hwange Colliery Company has narrowed its loss for the six months ended June 30 to $23-million, compared with a loss of $24.5-million reported for the six months to June 30, 2017. Despite the loss position, the financial results indicate signs of recovery. 

Industry expert to discuss coal, energy crisis

By: Paige Müller     28th September 2018 Coal industry heavyweight and consulting firm XMP Consulting senior coal analyst Xavier Prévost will endeavour to provide the industry with insight into how best to implement “rescue” plans to help stave off the “coal cliff”, at this year’s 2018 Joburg Indaba. Prévost tells Mining Weekly that he... 

Industry expert to discuss coal, energy crisis
XAVIER PRÉVOST Investors have adopted an attitude of “wait and see”

I-CAT partners with UP to develop localised dust suppression solution

By: Nadine James     28th September 2018 Environmental consultants and product developers I-CAT officially launched its localised dust suppression (LDS) system at Electra Mining 2018, two weeks ago. The LDS system comprises a steel structure with strategically mounted nozzles, used to encapsulate dust particles and prevent them from... 

Mitak liners improve overall performance

By: Nadine James     28th September 2018 Johannesburg-based high chrome white irons (HCWI) foundry Mitak produces hard-wearing, abrasion resistant mill and ore-chute linings that can improve the life and grinding-performance of mills, and assist in meeting Mining Charter III local procurement obligations, says Mitak business development... 

Mitak liners improve overall performance
Photo by Creamer Media
GRAHAM ANDERSON & KEVIN KEELING Mitak has the ability to reverse engineer existing liners using laser and optical technology

MC Mining eyeing acquisition, project access, SEZ 

By: Martin Creamer     27th September 2018 Coal exploration, development and mining company MC Mining, which has painstakingly removed many obstacles in its path in the last five years, is targeting the acquisition of a second suitable operational coal mine in the mould of the cash-generative Uitkomst, taking strong steps to secure access... 

MC Mining eyeing acquisition, project access, SEZ
MC Mining CEO David Brown interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer. Photographs: Dylan Slater

Marubeni says Thabametsi unaffected by group’s policy to halve coal capacity by 2030

By: Terence Creamer     27th September 2018 Japan’s Marubeni Corporation reports that the development of the Thabametsi coal-fired power station, in South Africa, has not been affected by the group’s September 18 policy decision to “no longer enter into any new coal-fired power generation business”. As part of the policy change, Marubeni... 

Marubeni says Thabametsi unaffected by group’s policy to halve coal capacity by 2030

MC Mining reports normalised $9.8m loss

By: Martin Creamer     27th September 2018 Coal exploration, development and mining company MC Mining on Thursday reported a normalised after-tax loss of $9.8-million in the 12 months to June 30, when the company achieved full integration of  the cash generating Uitkomst thermal and metallurgical colliery, which sold $32.7-million worth... 

Polish miner JSW to work with Sasol on new plant

By: Reuters     27th September 2018 Poland's JSW, the European Union's biggest coking coal producer, said on Thursday it will cooperate with South African petrochemicals group Sasol on a project to launch a synthetic fuel plant in Poland. "Poland is an ideal place for launching a coal to fuel plant. We have valuable coal deposits... 

Indonesia 2018 coal output target now 507Mt

By: Reuters     26th September 2018 Indonesia has increased its 2018 coal production target to around 507-million tonnes from a previous target of 485-million tonnes, the Energy Ministry said on Wednesday, a move that may add to downward pressure on prices for the fuel. Indonesia is the world's top exporter of thermal coal, and... 

Kibo’s shares rise as Mbeya coal mine recommended for special mining licence

By: Simone Liedtke     26th September 2018 Aim- and JSE-listed Kibo Energy’s share price on the LSE increased by 10.69% on Wednesday morning after the company announced that the Mbeya coal mine, which comprises the mining component of the Mbeya coal-to-power project (MCPP), has been recommended for the grant of a special mining licence... 

Coal India offers assured volumes to fuel-starved captive power plants

By: Ajoy K Das     26th September 2018 Throwing a lifeline to fuel-starved captive thermal power plants, Coal India Limited (CIL) has offered assured yearly supplies of dry fuel for a period of five years with volumes allocated through e-auctions. CIL has communicated to captive power plants operated by various industries like steel,... 

US private equity firm launches Coronado Coal IPO in Australia

By: Reuters     24th September 2018 US private equity firm Energy and Minerals Group (EMG) on Monday kicked off its planned float of Coronado Coal Group in Australia, seeking to raise up to A$1.3-billion for 30% of the group. The float will give the company an enterprise value of up to A$4.4-billion, making it the biggest coal... 

US private equity firm launches Coronado Coal IPO in Australia

Peabody announces $400m Alabama coal acquisition

By: Mariaan Webb     21st September 2018 US coal major Peabody Energy on Friday announced the $400-million acquisition of the Shoal Creek metallurgical coal mine, in central Alabama, from private producer Drummond Company. Located on the Black Warrior river, the mine serves the Asian and European steel mills with high-vol A coking coal... 

Peabody announces $400m Alabama coal acquisition

Chinese petcoke buyers turning to Russia, Mideast after US tariffs

By: Reuters     21st September 2018 Chinese importers of petroleum coke are buying more volumes from Russia and the Middle East due to a hefty tariff on shipments from the United States, previously one of China's main sources of the material used in aluminium and cement production. China slapped a 25% tariff on US petroleum coke,... 

Taskforce outcomes to set basis of Australia’s first resources plan in 20 years

By: Nadine James     21st September 2018 Minister for Resources and Northern Australia Matt Canavan on Friday welcomed a report by the federal government’s Resources 2030 Taskforce, which he convened in March to ensure that the Australian resource sector remains globally competitive and sustainable The Minister will use the work of the... 

Taskforce outcomes to set basis of Australia’s first resources plan in 20 years
Resources and Northern Australia Minister Matt Canavan

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Ramaphosa moves to revitalise mining, create certainty
President Cyril Ramaphosa

Versatile spin filters extend machinery, equipment life

By: Nadine James     21st September 2018 A compressor exposed to abrasive dust, such as those used in mining environments, could become increasingly inefficient and fail internal damage caused by clogged and compromised intake filters, notes RTS Africa Engineering MD Ian Fraser. Additionally, opencast mine dust frequently enters... 

Versatile spin filters extend machinery, equipment life
IAN FRASER Mining companies use spin filtration for effective dust extraction from compressors' air intake filters and for direct ventilation of variable speed drives

New products can improve safety, productivity

By: Nadine James     21st September 2018 Bidvest Commercial Products division Kelmeg Lifting Services (KLS) has expanded its service offering – aimed at improving safety and productivity, particularly with regard to working at height, and the associated lifting, rigging or lashing requirements. The new safety-focused products can assist... 

New products can improve safety, productivity
Photo by Creamer Media
RODNEY YOUNG Innovation is a pivotal focal point and Kelmeg invests considerably into research and development, every year

Focus turns to nonexplosives-based rock breaking as quest for safer, more-efficient mining intensifies

By: Dylan Slater     21st September 2018 The South African mining industry, once the backbone of economic growth, intensive job creation and development, is declining constantly, owing to the slow rates of research and development into newer, safer, modernised, mechanised and continuous mining methods. A key pillar of improving mining... 

Focus turns to nonexplosives-based rock breaking as quest for safer, more-efficient mining intensifies

R&D on clean coal technologies crucial in SA

By: Jessica Oosthuizen     21st September 2018 The research and development (R&D) of clean coal technologies in South Africa is absolutely necessary, says Fossil Fuel Foundation director and recently retired Department of Science and Technology-National Research Foundation South African Research Chairs Initiative Clean Coal Technology chair... 

R&D on clean  coal technologies crucial in SA
Photo by Christo Greyling
ROSEMARY FALCON Coal is a vital element in South Africa's economy

Local coal future depends on economic situation

By: Jessica Oosthuizen     21st September 2018 Coal mining currently provides more than 86 000 jobs locally, and this figure will increase as more junior mines are expected to open in the future, provided that the economic situation “does not deteriorate further”, says coal consulting company XMP Consulting senior coal analyst Xavier Prévost.... 

Local coal future depends on economic situation
PUT TO GOOD USE South Africa should use its remaining coal resources properly

Intensive coal screening requires fit-for-purpose equipment

By: Jessica Oosthuizen     21st September 2018 As coal beneficiation is generally a screening-intensive process, screening equipment is an important part of a coal plant and a major investment for the operation, says vibrating and original equipment manufacturer (OEM) and supplier Kwatani CEO Kim Schoepflin. The local coal sector comprises... 

Intensive coal  screening requires  fit-for-purpose equipment
KWATANI SCREEN Major operators with large plants often require large-scale equipment to boost their efficiencies and tonnages

Dry separator could arrive in Africa in early 2019

By: Jessica Oosthuizen     21st September 2018 Screening and vibrating equipment solutions and services provider Aury Africa aims to bring the first dry separator to Africa for trial at a coal mine next year, says Aury Africa business development manager George Sturgeon. Aury Africa, a subsidiary of design and construction coal group Dadi... 

Dry separator could arrive in Africa in early 2019
CONFIGURATION FLEXIBILITY The Telligent Dry Separator can be retrofitted to an existing coal processing plant in various configurations

Supplier grows installed base of Cavex hydrocyclones 

By: Jessica Oosthuizen     21st September 2018 There is a fast-growing installed base of Cavex hydrocyclone technology in coal processing in both classification and dense-medium separation (DMS) applications, according to mining equipment supplier Weir Minerals Africa. “This is as a result of the lower total cost of ownership achieved by... 

Supplier grows installed base of Cavex hydrocyclones
Mining equipment supplier Weir Minerals Africa cyclones product manager Sheldon Gabriel talks about the company's Cavex hydrocyclone technology. Camerawork and Editing: Nicholas Boyd.

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Minergy lauds Botswana regulatory authorities
Minergy CEO Andre Bojé

Life After Coal continues fight against coal-fired IPP projects

By: Marleny Arnoldi     20th September 2018 The Life After Coal Campaign contends that two proposed independent power producer (IPP) coal-fired power stations will never be built. The organisation is opposed to the construction of the proposed 557 MW Thabametsi project, near Lephalale, in Limpopo, and the proposed 306 MW Khanyisa project... 

Rio Tinto returns $3.2bn in coal disposal proceeds to shareholders

By: Marleny Arnoldi     20th September 2018 Anglo-Australian multinational mining group Rio Tinto on Thursday unveiled how it intends to return the proceeds of its recent Australian coal disposals to its shareholders. The company will launch a $3.2-billion share buyback programme, combining an off-market buyback tender targeting up to... 

Rio Tinto returns $3.2bn in coal disposal proceeds to shareholders
Rio Tinto CEO Jean-Sébastien Jacques

Resource-rich Africa, Masama coal mine and Pan African's reconfiguration make headlines  

20th September 2018 Mining Weekly editor Martin Creamer discusses getting resource-rich Africa on the road the success, the Masama coal mine and Pan African’s reconfigured gold operations.   

Resource-rich Africa, Masama coal mine and Pan African's reconfiguration make headlines
Resource-rich Africa, Masama coal mine and Pan African's reconfiguration make headlines

ASX-hopeful Montem to develop Canada coking coal projects

By: Creamer Media Reporter      19th September 2018 Montem Resources, a company with coking coal development projects in Canada, has announced its planned initial public offering (IPO) and listing on the ASX as it seeks to shore up funding for its brownfield projects in Alberta and British Columbia. The company has lodged its prospectus the... 

ASX-hopeful Montem to develop Canada coking coal projects
Montem's Tent Mountain project.

Poland's JSW seeks Ministry approval to buy Prairie Mining assets - CEO

By: Reuters     19th September 2018 Poland's State-run JSW is awaiting approval from the Energy Ministry in its bid to acquire the Polish mining assets of Australia's Prairie Mining, JSW said on Wednesday. Prairie Mining has been developing coking coal projects at the Jan Karski mine in southeast Poland and the Debiensko mine in... 

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