R/€ = 16.45 Change: 0.15
R/$ = 14.30 Change: 0.11
Au 1223.54 $/oz Change: -3.14
Pt 834.50 $/oz Change: 2.75

Coal News

Indicative price from Botswana coal-energy project within months

By: Terence Creamer     20th July 2006 State-owned electricity utility Eskom expects to receive an indicative price before the end of its financial year for a possible cross-border power purchase agreement, arising from a proposed 3 600-MW coal-fired station in Botswana. Enterprise division MD Brian Dames tells Mining Weekly that,... 

BHP Billiton sells Koornfontein, 1,5mt of RBCT entitlement to BEE group

By: Terence Creamer     18th July 2006 Resources group BHP Billiton has reached agreement to sell its wholly-owned Koornfontein mine in South Africa, an operation within its energy coal division, together with 1,5-million tons a year of Richards Bay Coal Terminal (RBCT) entitlement to an entity controlled by a black economic... 

Anglo empowerment scheme backs mining-security entrant

By: Jade Davenport     14th July 2006 The black-economic empowerment (BEE) and enterprise development initiative of diversified mining house Anglo American, Anglo Zimele, recently completed a 20% acquisition of mining security company Langa Lethu Risk Management. 

Eskom intensifies coal talks as R26bn project is approved and others wait in wings

By: Terence Creamer     13th July 2006 State-owned electricity utility Eskom is engaging in broad-ranging negotiations with South Africa's coal-mining industry in a bid to secure long-term fuel-supply contracts for its new coal-fuelled stations as well as to foster greater flexibility in current supply arrangements. It is understood... 

Shanduka buys Metorex's coal assets for R425m

By: Matthew Hill     7th July 2006 Local diversified midtier miner Metorex has sold its Wakefield coal operation to black economic-empowered (BEE) miner Shanduka Coal for R425-million, Metorex announced on Friday. Shanduka Coal is part of the bigger Shanduka group led by politician-turned-businessperson Cyril Ramaphosa. 

South African coal miner looks to continent for growth

By: Jade Davenport     30th June 2006 The coal arm of diversified mining house Metorex, Wakefield Investments, has embarked on a number of local and continental growth initiatives that include the expansion of three of its four mining operations in South Africa and the exploration of coalfields in sub-Saharan Africa. 

Supply problems crimp Wescoal earnings

By: Nicola Mawson     22nd June 2006 JSE Alternative Exchange Listed Wescoal has confirmed that earnings are down as a result of supply constraints. 

Anglo Coal acquires stake in solar-technology firm

5th June 2006 Coal producer Anglo Coal has ventured into the renewable energy market by acquiring a 5,3% equity stake in Johanna Solar Technology (JST), a German photovoltaic-technology company. 

Anglo enters coal-to-liquids race with Shell

26th May 2006 Resources group Anglo American and energy major Shell Gas & Power have announced the formation of an alliance in the field of coal conversion to clean energy. The announcement effectively heralds the entry of Anglo into the coal-to-liquids sector, which is currently dominated by South Africa's... 

Brazilain giant not willing to comment on possible power exports to SA

By: Keith Campbell     19th May 2006 Brazil’s giant mining and logistics company, Companhia Vale do Rio Doce (CVRD), which is currently undertaking the feasibility study on the Moatize coal project, in Mozam-bique, will neither confirm nor deny information given to Mining Weekly by sources in Eskom that the South African power... 

International infrastructure projects

By: Jade Davenport     19th May 2006 While Hatch’s infrastructure business units are still in the process of establishing themselves in the company’s various global offices, Australia and North America are the main focus points of infrastructure activity for Hatch currently. 

Coal outlook positive, says Rio Tinto company

3rd May 2006 Diversified miner Rio Tinto's 75,7%-held subsidiary, Coal & Allied Industries, has indicated that operational challenges such as a high cost-base require specific focus. 

Mafube colliery expansion

21st April 2006 Anglo American has approved the group's participation in a project to expand the Mafube colliery. The expansion project will ramp up the colliery's current production of 1,2-million tons a year to five-million tons a year. 

Canadian-listed company seeking partners for Botswana coal-mine and power-station venture

By: Irma Venter     21st April 2006 Canadian-listed CIC Energy Corp is in the process of identifying potential partners for its $5-billion project to develop a coal-mine and adjacent coal-fired power station in the Mmamabula coalfield, in Botswana. 

Cooperation enables coal giant to bring mine into production 'cheaply'

By: Liezel Hill     21st April 2006 Global miner Anglo Coal is happy to be setting fresh standards for new-mine costs, with capex for its long-awaited, newly-launched Isibonelo colliery tipping the scales at a lightweight R769-million. 

Coal producer advances broad-based BEE strategy

14th April 2006 The wholly-owned coal-mining business of Sasol, Sasol Mining, recently announced the first phase implementation of its broad-based empowerment strategy through the formation of Igoda Coal, an empowerment venture with Eyesizwe Coal, a black-owned mining company. 

Forzando South coal-mine

14th April 2006 Total Coal South Africa is developing a new coal-mine, which will produce about 800 000 t of coal - mainly for export - when it comes into production. The coal-mine's production target is 1,4-million tons in five years. 

Mafube colliery expansion

14th April 2006 Anglo American has approved the group's participation in a project to expand the Mafube colliery. The expansion project will ramp up the colliery's current production of 1,2-million tons a year to five-million tons a year. 

SA miner advances prospecting campaign on Botswana coal resource

By: Helene Le Roux     14th April 2006 South African diversified miner, Kumba Resources, is making headway with a prefeasibility study in to one of Botswana’s most prospective coal resources. 

Mafube colliery expansion

7th April 2006 Anglo American has approved the group's participation in a project to expand the Mafube colliery. The expansion project will ramp up the colliery's current production of 1,2-million tons a year to five-million tons a year. 

Rio Tinto advances big Limpopo coal project

By: Martin Creamer     7th April 2006 The world's second-largest mining company, Rio Tinto, has completed 30 holes on its Chapudi coal project in South Africa's Limpopo province and obtained 22 intersections of seam six in an area that could yield a billion-plus tons of coal, executive director: exploration Tom Albanese reports. He... 

Cleaner coal-generation probe needed, Eskom indicates

By: Nicola Mawson     4th April 2006 State power utility Eskom has indicated that there is a need to investigate cleaner coal power generation technologies. Generation technology manager John Begg revealed that there were currently studies under way into coal-fired power generation that would be more environmentally protective. In... 

Mafube colliery expansion

31st March 2006 Anglo American has approved the group's participation in a project to expand the Mafube colliery. The expansion project will ramp up the colliery's current production of 1,2-million tons a year to five-million tons a year. 

Gregory Crinum coal-mine upgrade

31st March 2006 The project will involve the upgrade of the coal-processing plant's flotation circuit at the Gregory Crinum coal-mine. The yield of coking coal at the mine's coal-processing plant will be increased by more than 6% by replacing the existing conventional circuit with new flotation technology. 

Underground coal-gasification plant under construction at Majuba

By: Irma Venter     31st March 2006 Among power utility Eskom’s various and much-needed programmes to increase its electricity output, is an underground coal gasification (UCG) project at Majuba Colliery, with a 15 000 m3/h (or 6 MW) pilot plant currently under construction. 

Goedgevonden coal-mine project

24th March 2006 A new black-controlled coal company, Arm Coal, is to build a coal-processing and product-handling facility in Mpumalanga that will include the construction of a 12-million-ton-a-year opencast mine. 

Mafube colliery expansion

24th March 2006 Anglo American has approved the group's participation in a project to expand the Mafube colliery. The expansion project will ramp up the colliery's current production of 1,2-million tons a year to five-million tons a year. 

Empowered companies in pole position to win allocations at expanding terminal

By: Ollie Madlala     24th March 2006 The Richards Bay Coal Terminal (RBCT) expansion and the number of coal projects that will go ahead, as a result of the expansion, look to provide the South African coal exporters in general, and black economic-empowerment (BEE) companies, in particular, with an optimistic future. The project,... 

Mmamabula central coal-resource project

10th March 2006 Kumba Coal has concluded an agreement with Magaleng Limited to start a prefeasibility study for the development of the Mmamabula central coal resource in Botswana. Early indications are that the resource could be amenable to opencast mining. 

Douglas-Middelburg Optimisation (DMO) project

10th March 2006 The DMO is a brownfields thermal-coal project located in the Witbank area of Mpumalanga. The project combines the resources from the adjacent reserves of Douglas Colliery and Middelburg Mine. 

Mining group expands to meet rising demand

By: Keith Campbell     10th March 2006 Global mining group Xstrata plc is confident that the current above-long-term average prices for metals and minerals will continue for some years yet. 

Coal Mountain mine, Canada

By: Carla Thomaz     10th March 2006 Name: Coal Mountain mine. Location: Coal Mountain mine is located 30 km south-east of Sparwood in the south-eastern state of British Columbia, Canada. Brief history: Fording Coal acquired Coal Mountain from Esso Resources in 1994. A major mobilisation and upgrading programme was undertaken by... 

Big coal resource could plug into SA's power hunger

By: Helene Le Roux     3rd March 2006 It is looking increasingly likely that the exploitation of Botswana’s coal reserves will assist South Africa to sate its growing energy hunger. 

R1,6bn expansion gets the nod

By: Helene Le Roux     3rd March 2006 Production will increase to 5m t/y from 2008 

Isibonelo Colliery, South Africa

By: Carla Thomaz     24th February 2006 Name: Isibonelo Colliery Location: Isibonelo Colliery is located approximately120 km due east of Johannesburg, 60 km south of Witbank and 13 km east of Secunda, in Mpumalanga. Brief history: Anglo Coal and Sasol Mining entered into a contractual agreement in October 2003 to jointlydevelop the... 

Cordero Rojo mine, US

By: Carla Thomaz     17th February 2006 Name: Cordero Rojo mine. Location: Cordero Rojo mine is located 40 km south-east of Gillette, in Wyoming’s Powder river basin, US. Brief history: In 1993 Kennecott Energy Company (KEC), asubsidiary of Rio Tinto, acquired the Cordero-mine from the Sun Oil Company. KEC then bought the... 

New R2,4bn coal project on cards

By: Martin Creamer     15th February 2006 The world's biggest mining company today announced a new R2,4-billion South African coal-mine project. Delivering the fifth consecutive record half-year results to December 2005, BHP Billiton CEO Chip Goodyear singled out the proposed Douglas-Middelburg Optimisation (DMO) coal project as one of... 

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