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Top bond investor slams South Africa bid to fix State firms
24th October 2023 By: Bloomberg

Futuregrowth Asset Management, a South African money manager overseeing more than R190-billion of fixed-income assets, says the government’s draft legislation meant to address inefficiencies at... 


President Cyril Ramaphosa
Ramaphosa says battle against coal syndicates gaining traction
24th October 2023 By: Lumkile Nkomfe

President Cyril Ramaphosa has hailed the efforts by law enforcement agencies and the South African Revenue Service to bust coal smuggling syndicates operating in the country. Planned search and... 


Teck Resources misses quarterly profit estimates, trims copper output forecast
Teck Resources misses quarterly profit estimates, trims copper output forecast
24th October 2023 By: Reuters

Canadian miner Teck Resources missed market estimates for third-quarter profit on Tuesday, pressured by lower prices for steelmaking coal and zinc, and reduced sales volumes of steelmaking coal and... 


JSW steel boss says 'nothing concrete' with Canada's Teck
JSW steel boss says 'nothing concrete' with Canada's Teck
23rd October 2023 By: Reuters

India's JSW Steel's discussions with Canada's Teck Resources over buying a possible stake in its coking coal unit have yielded "nothing concrete", JSW Steel CEO Jayant Acharya told Reuters on... 


The Illawara operation in New South Wales
South32's met coal output falls on Illawarra disruptions
23rd October 2023 By: Reuters

Australia's South32 posted a bigger-than-expected 18% drop in its first-quarter metallurgical coal output on Monday, hurt by production disruptions at its flagship Illawarra operations in New South... 


South Africa Manganese's Hotazel mine in the Northern Cape.
South32 reports record quarterly production at South Africa Manganese
23rd October 2023 By: Martin Creamer

South Africa Manganese continued its strong performance in the three months to September 30, when it increased saleable production by 7% to a record 628 000 wet metric tonnes (wmt), South32... 


Electricity Minister Kgosientsho Ramokgopa
‘Height of folly’ to develop overreliance on aged coal plants for future supply
23rd October 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa says attention should shift to adding new and cleaner generation to the loadshedding-prone electricity system, acknowledging that it would be the “height... 


Mines rescue teams in action for the 2023 Australian Underground Coal Mines Rescue competition.
Moranbah teams win national underground mines rescue competition
20th October 2023 By: Creamer Media Reporter

Emergency response capabilities were put to the test as eight highly-skilled mines rescue teams proved their mettle in a national competition at Moranbah North mine on Thursday. Anglo American... 


Deutsche Bank places new restrictions on financing of coal
Deutsche Bank places new restrictions on financing of coal
20th October 2023 By: Bloomberg

Deutsche Bank is expanding restrictions on its financing of coal, one of the main sources of energy in its home market of Germany, as part of a wider crackdown on high-emitting sectors. Companies... 


JFE Steel eyes stake in Teck's coal business -sources
JFE Steel eyes stake in Teck's coal business -sources
20th October 2023 By: Reuters

Japan's JFE Steel Corp is in talks to buy a stake in the metallurgical coal business of Canada's Teck Resources, two people aware of the development told Reuters, adding to the list of suitors that... 


hand holding coal
Vunani earnings down amid coal price ‘collapse’
19th October 2023 By: Darren Parker

Investment group Vunani Capital Partners (VCP) has reported a decline in earnings owing to what it called challenges in its coal investments in the six months ended August 31. However, the group... 


Participants who spoke during Creamer Media's October 18 webinar on the transport sector in South Africa
Competition, collaboration needed for an efficient logistics network in South Africa
19th October 2023 By: Schalk Burger

Competition is important to create efficiencies in the logistics and transport network, but collaboration is similarly necessary to ensure that all the public and private sector role-players can... 


South Africa mulls Dutch, Danish entry to $8.5bn climate pact
18th October 2023 By: Bloomberg

South Africa’s Cabinet will consider a proposal on whether to include the Netherlands and Denmark in its landmark $8.5 billion climate-finance pact with some of the world’s richest nations.... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe seeks to extend the life of Eskom’s coal-fired power stations
18th October 2023 By: Irma Venter

Mineral Resources and Energy Minister Gwede Mantashe has called on the private sector to “please and come talk to us” if they have any ideas on extending the life of South Africa’s fleet of... 


Eskom Primary Energy GM Dan Mashigo
South Africa should not be pushed into a corner on just energy transition funding – Eskom, SANEDI
18th October 2023 By: Irma Venter

While any funding of South Africa’s embattled energy sector is welcome, South Africa should not “be pushed into a corner” on how this money should be spent, says South African National Energy... 


Nigeria to require mining firms to invest in domestic processing - minister
18th October 2023 By: Reuters

Nigeria is toughening up licensing rules for foreign mining companies to push them to boost processing and refining of metals like lithium and zinc within the country, its minister of mines said on... 


The Blackwater mine, in Queensland
Whitehaven strikes $3.2bn coal deal with BHP
18th October 2023 By: Esmarie Iannucci

Coal miner Whitehaven Coal has struck $3.2-billion deal with diversified miner BHP and Mitsubishi Development to acquire the Duania and Blackwater metallurgical coal mines in Queensland. BHP has... 


BHP CEO Mike Henry
BHP reports a mixed bag
18th October 2023 By: Esmarie Iannucci

Diversified major BHP has seen production in the first quarter ended September drop across most of its commodities, apart from copper, compared with the fourth quarter of the 2023 financial year.... 


Image of US' Bjorn von der Heyden and Margreth Tadie
ARM Geometallurgy Research Chair launched at Stellenbosch University
17th October 2023 By: Irma Venter

Stellenbosch University (SU) has partnered with mining company African Rainbow Minerals (ARM) to establish the ARM Geometallurgy Research Chair.  The objective of the position is to advance... 


Eskom supplied photo showing Kusile units in operation
Ramaphosa says loadshedding corner has been turned as another Kusile unit restarts
17th October 2023 By: Terence Creamer

African National Congress President Cyril Ramaphosa claims that South Africa “has turned a definite corner as far as loadshedding is concerned”, adding that the levels and frequency of loadshedding... 


TFR transporting coal to port
Ramaphosa rules out privatisating State companies
17th October 2023 By: Bloomberg

President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatize state-owned companies as the government initiates reforms to clean up their balance sheets and revive their... 


A train operated by Transnet Freight Rail
Embattled Transnet seeks South Africa’s support to turnaround
16th October 2023 By: Bloomberg

South Africa’s embattled State-owned freight-rail and ports company identified areas that require immediate state support in a turnaround plan that is being submitted to the government. Transnet's... 


Teck third-quarter coal sales fall below guidance
Teck third-quarter coal sales fall below guidance
16th October 2023 By: Mariaan Webb

Diversified miner Teck Resources says its third-quarter steelmaking coal sales were below its guidance, citing a slower-than-anticipated supply chain recovery following the impacts of the British... 


China’s commodities imports stay buoyant as economy revives
13th October 2023 By: Bloomberg

Chinese commodities imports remained buoyant in September as the economy showed some signs of recovery and traders pinned their hopes on further stimulus from Beijing. Construction and factory... 


South Africa's mine output for August down 2.5% y/y
12th October 2023 By: Creamer Media Reporter

Mining production decreased by 2.5% year-on-year in August, with diamonds, manganese ore and 'other' metallic minerals having made the largest negative contributions. Diamond output was down by... 


Trucks transporting coal
South Africa targets coal-smuggling syndicate across five provinces
12th October 2023 By: Bloomberg

The South African Revenue Service and other government agencies said they disrupted a coal smuggling syndicate operating across five of the country’s nine provinces. The search-and-seizure... 


Anglo American's Los Bronces mine
Anglo appoints Matt Walker CEO of its marketing business
12th October 2023 By: Creamer Media Reporter

Diversified miner Anglo American has appointed Matt Walker as CEO of its marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American. Walker, who is... 


Teck Resources CEO Jonathan Price
Teck says it won't necessarily sell coal assets to highest bid
11th October 2023 By: Reuters

The highest bid for Teck Resources’ lucrative coal assets won’t necessarily be the winning bid, said CEO Jonathan Price. Teck is weighing multiple potential deals for its steelmaking coal unit, as... 


Australian court backs coal mine expansions in key climate case
11th October 2023 By: Bloomberg

An Australian court backed the government’s decision to approve expansions of two coal mines in a case that’s challenged the climate credentials of Prime Minister Anthony Albanese’s... 


Miners being evacuated after fire at Evraz-owned mine in Russia
10th October 2023 By: Reuters

Miners were being evacuated from a coal mine owned by Russian steel producer Evraz in the Kemerovo region after a fire broke out, local emergency services said on Tuesday. "Evacuation of the... 


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