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Coal News

European demand leads to coal-price surge

By: Martin Czernowalow     24th September 2003 Coal prices, which are currently at two-year highs, are expected to surge even further – until mid-2004 at least – before possibly returning to lower levels, market observers predict. 

SA coal unit’s earnings hit by rand, prospects better

18th September 2003 International resources group Xstrata said the financial performance of its South African coal unit, Xstrata Coal South Africa (XCSA), reflected the weaker demand in the Atlantic market and lower export prices for the six months to June 30, compared to the same period last year. 

Miner sells 20% stake in Oz coal business

18th September 2003 International natural resources company Xstrata announced that agreement has been concluded to sell, as a package, a 20% interest in the Newlands, Collinsville, Abbot Point (NCA) joint venture, a 20% interest in the Oaky Creek Coal (OCC) joint venture and a 25% interest in four Xstrata Coal... 

The outsourcing of laboratory services is gaining ground, says company

By: Luxolo Tyali     12th September 2003 There has been a mind shift in the South African coal-mining industry, with local coal companies realising that outsourcing laboratory management to an independent specialist adds credibility to their products, reports Coal and Mineral Technologies (CMT) MD Johan Bekker. 

Programme targets seven research areas for 2004

By: Luxolo Tyali     12th September 2003 The South African coal-mining industry’s research programme, Coaltech 2020, has identified seven areas of focus that it will research next year. 

Company produces its first locally-made hauler

12th September 2003 The first Un-A-Hauler CH 818 to be completely locally manufactured by DBT Africa was delivered to Goedehoop Colliery at the end of April. 

Expansion delay foils SA’s 2004 coal export plan

By: Luxolo Tyali     12th September 2003 The delay of the Richards Bay Coal Terminal’s (RBCT) phase five expansion from 72-million t/y to 82-million t/y, also known as the South Dunes Coal Terminal (SDCT) project, has resulted in South African coal exports languishing. 

Coal production declines slightly

By: Luxolo Tyali     12th September 2003 According to the Department of Minerals and Energy (DME) Minerals Bureau report for 2002/3, South Africa’s run-of-mine coal production last year decreased by five-million tons from 290-million tons in 2001, to 285-million tons in 2002. 

Metorex to start mining new Middelburg reserve next year

By: Luxolo Tyali     12th September 2003 As a growing company, diversified mid-tier miner Metorex is always looking for new growth opportunities and acquisitions, its latest acquisition in South Africa being a coal reserve situated on the outskirts of Middelburg, in Mpumalanga. 

From making bricks to mining coal for the export market

12th September 2003 The Middelburg-based Graspan Colliery has travelled a remarkable growth path since its formation in 1995. 

SA-made shuttlecars exported to China

12th September 2003 Locally-manufactured shuttlecars are being exported to China, reports Joy Mining Machinery South Africa (Joy SA). 

Mine replaces its coal spirals

12th September 2003 The performance of Multotec coal spirals for the past ten years at Grootegeluk Colliery has prompted this coal-mine to replace these units with the new generation Multotec SX4 coal spiral. 

Civils firm designs screening building for Mpumalanga coal-mine

By: Luxolo Tyali     12th September 2003 Consulting civil and structural engineering firm Holley and Associates, of Gauteng, has designed a large screening building for a Mpumalanga coal-mine. 

Goedgevonden

By: elizabeth rebelo     12th September 2003 Planning for a new R400-million Mpumalanga coal-mine is at an advanced stage, Mining Weekly can today exclusively report. 

New group pacesetter

By: elizabeth rebelo     12th September 2003 South Witbank Colliery has become the toast of the Xstrata Coal South Africa (XCSA) group’s array of eleven coal-mines. 

Consortium to be set up to pursue Waterberg coal

By: Deborah Spicer     12th September 2003 Coal producer Kumba Coal will be forming a consortium to drive the development of the Waterberg coal deposits and associated industries, Kumba Coal GM Ernst Venter reported at an international investors conference in Limpopo Province last month. 

Heating with mine gas

By: Karel Smrcka     12th September 2003 Billions of cubic metres of methane discharge into the atmosphere from disused mine workings and are lost into the atmosphere. This mine gas could, however, be converted into power and heat by cogeneration stations, producing clean energy from a harmful contributor to the greenhouse effect. 

Sasol Mining eyes Eskom demothballing opportunity

By: Terence Creamer     9th September 2003 Fuels and chemicals giant Sasol is optimistic of receiving coal-supply contracts from power utility Eskom once it begins demothballing idle capacity over the next few years. 

EIA for Eskom coal supply routes advances

By: Martin Czernowalow     3rd September 2003 The scoping phase of the environmental-impact assessment (EIA) for proposed long-term coal supply to the Tutuka and Majuba power stations, in the Mpumalanga Province, is reaching completion. 

China coal mine awards mine-hoist contract

1st September 2003 Leading power and automation technology group ABB, said at the weekend that it had won a contract to supply two complete mine hoists to Tunliu coal mine, belonging to Luan Mining Group in China. 

‘Constructive discussions continue around RBCT’

1st September 2003 South African transport utility Transnet and the Richards Bay Coal Terminal (RBCT) said, in a joint statement, that they were continuing “constructive discussions” on a series of expansion and empowerment initiatives at RBCT. 

Logistics last hurdle for market-coke project

By: Terence Creamer     29th August 2003 South African steel producer Iscor is hoping to make a final decision on a R1-billion market-coke project by the end of the year, but it first needs to conclude a deal on rail tariffs. 

Coal-terminal progress paves the way for a R200m project

By: Martin Zhuwakinyu     29th August 2003 The go-ahead for the Richards Bay Coal Terminal (RBCT) expansion from 72-million tons a year to 82-million tons a year – upon which Kumba Resources’ planned Kalbasfontein coal-mining joint venture with empowerment company Eyesizwe hinges – is reportedly about to be granted. 

RBCT cautious about Transnet’s announcement

By: Martin Czernowalow     28th August 2003 Negotiations regarding the expansion of the Richards Bay Coal Terminal (RBCT) appear to be proceeding well and stakeholders are optimistic that the project could move ahead shortly. 

Transnet-RBCT clear way for terminal expansion

By: Terence Creamer     27th August 2003 Transnet CE Mafika Mkwanazi yesterday confirmed that all hurdles had been cleared for the expansion of the privately-owned Richards Bay Coal Terminal (RBCT) in Kwazulu-Natal to 82-million t/y. 

BHPB’s power station moves unsettle UK Coal

25th August 2003 UK Coal expressed concerns on Friday over a bid by mining giant BHP Billiton for Britain's Drax power station, which could take away one of its biggest customers. 

Kumba hopeful of RBCT breakthrough

By: Terence Creamer     22nd August 2003 The long-running saga relating to the 10-million t expansion of the Richard Bay Coal Terminal (RBCT) in Kwazulu-Natal appears finally to be making headway. 

Iscor moves to clear way for market-coke project

By: Terence Creamer     21st August 2003 South African steel producer Iscor confirmed yesterday that it was hoping to make a final decision on a R1-billion market-coke project by the end of the year. 

ABB to supply brake systems to Chinese coal-mines

20th August 2003 Power and automation technology group ABB said yesterday it has won a number of contracts to supply a total of six complete brake systems to Guqiao Mine and Zhangji North coal-mine, both belonging to Huainan Mine Group, in Anhui Province, China. 

China faces big mine safety challenge

15th August 2003 Last month 19 people died in South African mine accidents. While any loss of South African life is both tragic and unacceptable, spare a thought for miners in China. During 2002, the official death toll in Chinese mines amounted to 5 791, attributable to poor workplace and safety conditions. 

Miner in $600m convertible bond issue

5th August 2003 London-listed coal and zinc miner Xstrata said yesterday it was raising $600-million through an issue of guaranteed convertible bonds, taking advantage of lower interest rates to cut borrowing costs. 

Oz dollar knocks Rio Tinto profits

1st August 2003 The world's second-largest diversified miner, Rio Tinto, posted a surprisingly weak first-half profit yesterday, as a strong Australian dollar and weak thermal coal earnings more than offset rising iron-ore sales to a steel-hungry China. 

SA authorities approve Anglo-Sasol coal deal

28th July 2003 South Africa's Competition Commission has recommended the unconditional approval of a deal between mining giant Anglo American and synthetic fuels firm Sasol to develop the Kriel South coal reserves. 

Anglo-Sasol announce R1bn coal-project deal

24th July 2003 Mining giant Anglo American and petrochemical group Sasol have announced that they will move ahead with the long-awaited development of the R1,089-billion Kriel South coal-mine project. 

Big coal shake-up expected in SA

21st July 2003 Coal reserves are the world’s most significant energy resource and indeed, in South Africa, they provide more than 75% of the country’s primary energy needs. 

Xstrata to cut back coal output

21st July 2003 Mining company Xstrata announced its Baal Bone Colliery is to reduce annual production from two-million to 1,2-million tons of coal, as the combination of a strengthening Australian dollar, historically-low coal prices and increasing workers compensation insurance premiums has placed the... 

Big coal shake-up

By: Zonika Botha     18th July 2003 Coal reserves are the world’s most significant energy resource and indeed, in South Africa, they provide more than 75% of the country’s primary energy needs. 

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