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Coal News

Mining production down 1.8% y/y in September, led by lower gold output 

By: Marleny Arnoldi     8th November 2018 Mining production decreased by 1.8% year-on-year in September, with the largest negative contributor being gold production with a decline of 19% and contributing -3.1 percentage points. The largest positive contributor was platinum-group metals (PGMs), which had a 7.2% production increase,... 

Land Court’s New Acland expansion recommendation lauded

By: Esmarie Iannucci     8th November 2018 Coal miner New Hope Corporation has welcomed a positive recommendation from the Queensland Land Court on the Stage 3 expansion of the New Acland mine. The Land Court has conditionally agreed to recommend that a mining lease and environmental authority amendment be granted, subject to certain... 

Land Court’s New Acland expansion recommendation lauded

Indian coal production shows signs of revival, but unlikely to keep pace with demand

By: Ajoy K Das     7th November 2018 Production growth green shoots are emerging among Indian State-run coal mining companies, but it is unlikely that demand from thermal power plants will be met. Singareni Collieries Company Limited (SCCL), which has mining operations in the southern parts of the country, produced 5.27-million tons... 

Kibo welcomes Tanesco’s resumption of tender process

By: Creamer Media Reporter      7th November 2018 Multi-asset energy company Kibo Energy on Wednesday welcomed the announcement by the Tanzania Electricity Supply Company (Tanesco) that it had resumed the tender process for certain energy projects in the country. Kibo on Friday said certain procedural amendments needed to be made to the process... 

JSW eyes controlling stake in Prairie Mining – CEO

By: Reuters     7th November 2018 Poland's JSW is interested in taking over Australia's Prairie Mining, CEO Daniel Ozon confirmed on Wednesday. Sources told Reuters in September that JSW, the European Union's biggest coking coal miner, wanted a controlling stake in Prairie Mining. 

Eskom issues senior managers with retrenchment notice 

By: Terence Creamer     7th November 2018 The board at State-owned electricity utility Eskom has approved a process that could result in the retrenchment of senior managers, the company confirmed on Wednesday. Eskom said in a statement that, despite efforts to curb expenditure, operating costs had continued to increase dramatically,... 

Eskom issues senior managers with retrenchment notice

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’

MC Mining secures more funding for Uitkomst 

By: Esmarie Iannucci     7th November 2018 South Africa-focused coal miner MC Mining has secured a R20-million facility from South African financial services provider ABSA Bank for its Uitkomst Colliery, to fund a potential expansion of operations. Uitkomst transitioned to an owner-operated mine in August this year, with the acquisition... 

MC Mining secures more funding for Uitkomst
Photo by Dylan Slater
MC Mining CEO David Brown

West Bengal seeks commercial mining permission for Asia’s largest coal block

By: Ajoy K Das     6th November 2018 Although the opening up of India’s coal sector has been put on the slow track, the West Bengal government is nonetheless seeking the federal government’s approval for commercial mining from a coal block allocated to it – the largest single site reserve in Asia. The West Bengal government was... 

Edenville secures up to $2.75m loan

By: Creamer Media Reporter      6th November 2018 Aim-listed Edenville Energy has entered into a conditional $2.75-million convertible funding agreement with an entity managed by Lind Partners. Edenville, which is developing the Rukwa coal project in south-west Tanzania, will use the funds for working capital and expansion purposes. 

New Hope’s enviro efforts recognised with certification of rehabilitated land

By: Esmarie Iannucci     6th November 2018 The Queensland government has certified 349 ha of progressively rehabilitated land at coal miner New Hope’s New Acland coal operations, on the Darling Downs. New Hope MD Shane Stephan said that this was recognition of the company’s ongoing commitment to the environment, and the long-term... 

New Hope’s enviro efforts recognised with certification of rehabilitated land

Peabody's Coppabella turns 20

By: Esmarie Iannucci     6th November 2018 US heavyweight Peabody Energy has marked 20 years of operation at its Coppabella coal mine, in Queensland. During 2017, some 2.9-million tonnes of coal was sold from the Coppabella mine, with $950-million of direct and indirect economic benefits reported from the mine during the same period. 

Cimic wins A$100m in CHPP contracts

By: Esmarie Iannucci     6th November 2018 ASX-listed Cimic’s mineral processing company Sedgman has been awarded two contracts worth a combined A$100-million to operate and maintain coal handling and preparation plants (CHPPs). A contract with Mach Energy to operate and maintain the Mount Pleasant site, in New South Wales, is expected to... 

Anglo American recommits to sustainable development goals, sets milestones for 2020, 2030  

By: Simone Liedtke     5th November 2018 The mining industry has to address the critical challenges of safety, productivity and the way land is used, as well as how energy and water are consumed as, alongside a growing population, there is greater demand for minerals and metals. However, meeting the growing demand for the materials that... 

Anglo American recommits to sustainable development goals, sets milestones for 2020, 2030
Anglo American South Africa executive head Andile Sangqu speaks to Mining Weekly Online about the miner's Sustainable Development Goals, and what it hopes to achieve with these. Video and Editing: Nicholas Boyd

Kibo says Tanesco tender to resume shortly

By: Creamer Media Reporter      2nd November 2018 An announcement by the Tanzania Electricity Supply Company (Tanesco) cancelling three tenders for large solar power, coal-fired generation projects and large wind power projects is “unfortunate, but not out of the ordinary”, dual-listed Kibo Energy CEO Leon Coetzer said on Friday. The company,... 

Canyon opens Bronkhorstspruit mine 

By: Marleny Arnoldi     2nd November 2018 Mineral Resources Minister Gwede Mantashe on Friday officiated at the opening of coal miner Canyon Coal’s new Khanye mine, in Bronkhorstspruit, Gauteng. Khanye has a 39-million-tonne coal reserve and is expected to produce 2.8-million tonnes a year of coal over a 16-year mine life. 

Canyon opens Bronkhorstspruit mine

Stanmore rises 2019 production guidance

By: Esmarie Iannucci     2nd November 2018 Coal miner Stanmore Coal has increased its production guidance for the 2019 financial year from 1.8-million tonnes to 2-million tonnes, after securing additional long-term port capacity. The company said that the additional long-term port capacity provided Stanmore with the ability to consider a... 

Upgrades to mine increase plant efficiency

By: Thabi Madiba     2nd November 2018 Mining electrical equipment manufacturer Emis Sales 2002 has completed upgrade projects comprising the design and installation of communication, automation and protection systems at South African anthracite producer and exporter Zululand Anthracite Colliery (ZAC), in KwaZulu-Natal, to improve... 

Upgrades to mine  increase plant efficiency
INDOOR The upgraded SBV vacuum circuit breaker switchboard offers higher continuously rated currents

Volvo launches 95 t rigid hauler for coal, bulk commodities sectors

By: Schalk Burger     2nd November 2018 Earthmoving equipment manufacturer Volvo Construction Equipment launched a new 95 t rigid hauler for the coal and bulk commodities industries in Southern Africa. Its local partner, construction equipment company Babcock Equipment, will provide the support and services for the machines, says Volvo... 

Volvo launches 95 t rigid hauler for coal,  bulk commodities sectors
VOLVO 95 T RIGID HAULER The hauler has an array of sensors and systems to ensure safety, ease of use and productivity

Brazilian, Indian groups report coal performance and plans in Mozambique

By: Rebecca Campbell     2nd November 2018 Brazilian mining major Vale has reported that its coal business, which is composed almost entirely of its Moatize coal operation in the Tete province of Mozambique, increased its net operating revenues during the third quarter of this year (3Q18) by $69-million in comparison to the second quarter... 

Big power users call for inflation-linked tariff ‘compact’ and industry review 

By: Terence Creamer     1st November 2018 The Energy Intensive Users Group (EIUG) has called for an electricity price compact that sustains tariff increases as close to consumer price inflation as possible for the coming five years. The proposal is made in a precursor to the EIUG’s official response to Eskom’s latest revenue application,... 

Big power users call for inflation-linked tariff ‘compact’ and industry review
Dr Tsakani Mthombeni

Load-shedding spectre returns as unplanned outages rise  

By: Terence Creamer     1st November 2018 The spectre of load-shedding, which has haunted South Africa and its economy since 2008, but has lifted somewhat in recent years, appears to have returned. State-owned electricity producer Eskom confirmed with Engineering News Online on Thursday that the system had become vulnerable once again,... 

Load-shedding spectre returns as unplanned outages rise

New 20-year Bowen basin coking coal mine approved

By: Esmarie Iannucci     1st November 2018 The Queensland government has approved the mining lease for the Ironbark No 1 mine, being developed by privately held Fitzroy Australia Resources. Queensland Mines Minister Dr Anthony Lynham said on Thursday that the new coal mine would provide 350 ongoing jobs the communities in the Bowen basin. 

Glencore cuts costs at Australian operations

By: Esmarie Iannucci     1st November 2018 PERTH (miningweekly.com) – Diversified miner Glencore has unveiled significant cost cuts at its recently acquired coal assets in Queensland and New South Wales. Speaking to analysts on a site visit, Glencore noted that the Hail Creek operation, acquired from mining major Rio Tinto as part of a... 

Indian govt to divest 9% of Coal India equity

By: Ajoy K Das     31st October 2018 In a sudden move, the Indian government on Wednesday announced that it would disinvest 9% of its equity holding in Coal India Limited (CIL) through an offer for sale (OFS) to institutional and retail investors. The sale of 9% equity from total existing government holding of 78.32% was expected... 

New research finds developing countries’ coal miners face ‘substantial risk inequality’  

By: Tasneem Bulbulia     31st October 2018 Coal miners in developing countries are likely to be exposed to health and safety risks more often than those working in advanced economies, new research has found. Researchers from Cardiff University, funded by the Institution of Occupational Safety and Health (IOSH), have found that a lack of... 

New Eskom report warns of possible generation gaps in coming five years  

By: Terence Creamer     31st October 2018 Eskom’s newly released Medium-Term System Adequacy Outlook (MTSAO) report highlights several risks to South Africa’s electricity supply for the period 2018 to 2023 and indicates that additional capacity will be required during the period to restore generation adequacy should the energy... 

New Eskom report warns of possible generation gaps in coming five years

MC marginally lifts Q1 output, despite Makhado delays

By: Marleny Arnoldi     31st October 2018 Run-of-mine coal production at MC Mining’s Uitkomst colliery increased to 125 153 t in the quarter ended September 30, compared with the 125 108 t produced in the comparable quarter of the prior year. Third-party coal purchases for the quarter, which is the first quarter of MC’s 2019 financial... 

MC Mining, industry reinvention and EVs in mining  

31st October 2018 Mining Weekly editor Martin Creamer discusses MC Mining’s coking coal offtake agreement, the need for the industry to reinvent itself and electric vehicles being used underground. 

MC Mining, industry reinvention and EVs in mining
MC Mining, industry reinvention and EVs in mining

Peabody says Q4 focus is on North Goonyella, completing Shoal Creek buy

By: Creamer Media Reporter      31st October 2018 NYSE-listed Peabody on Tuesday announced solid results for the third quarter, despite ending the three-month period with substantial challenges at the fire-hit North Goonyella mine, which remains idled. The miner reported revenue of $1.41-billion, compared with $1.48-billion a year earlier, and... 

Glencore hikes coal cost savings forecast by 50%

By: Reuters     31st October 2018 Recent mine acquisitions have helped Glencore Plc achieve 50% more cost savings in its coal business than it had targeted, the world's biggest exporter of coal for power plants said on Wednesday. Glencore had expected to achieve annual cash savings of more than $300-million in its coal business... 

Glencore hikes coal cost savings forecast by 50%

Resgen, Noble reach agreement on security condition to financing facility

By: Tasneem Bulbulia     30th October 2018 ASX- and JSE-listed Resource Generation (Resgen) and Noble Resources International have agreed that the security to be provided as part of a revised funding arrangement between Noble and Resgen subsidiary Ledjadja Coal, be a share pledge over ResGen’s 74% interest in Ledjadja, which is held by... 

Aurizon loses Queensland coal network legal challenge

By: Esmarie Iannucci     30th October 2018 The Queensland Resources Council on Tuesday welcomed a ruling by the Queensland Supreme Court to dismiss freight operator Aurizon’s legal challenge to a draft decision from the Queensland Competition Authority (QCA) for the future operation of the state’s major coal rail network. Aurizon has... 

Aurizon loses Queensland coal network legal challenge

Isaac Plains East delivers record RoM rates for Stanmore

By: Esmarie Iannucci     30th October 2018 Coal miner Stanmore Coal has reported a fall in production during the three months to September, despite reaching a record run-of-mine (RoM) production at an annualised rate, with the start of production at its Isaac Plains East operation driving the growth. RoM production decreased by 9% on the... 

MC Mining secures first Makhado coking coal offtake agreement 

By: Simone Liedtke     29th October 2018 Coal exploration, development and mining company MC Mining has signed the first coal offtake agreement for hard coking coal (HCC) to be produced at its Makhado hard coking and thermal coal project, in Limpopo. The agreement was entered into between MC Mining subsidiary Baobab Mining & Exploration... 

MC Mining secures first Makhado coking coal offtake agreement
Photo by Dylan Slater
MC Mining CEO David Brown

Greenpeace Africa affirms Mpumalanga is a nitrogen dioxide air pollution hotspot

By: Marleny Arnoldi     29th October 2018 Greenpeace Africa states that analysis from satellite data between June 1 and August 31 shows that Mpumalanga is the world’s largest nitrogen dioxide air pollution hotspot across six continents. The data points to coal and transport as the two principal sources of the nitrogen dioxide air... 

Fossil Fuel Foundation sees clean coal as a solution for South Africa 

By: Kim Cloete     29th October 2018 The Fossil Fuel Foundation (FFF) has advocated strongly for coal to be retained as a sustainable part of South Africa's energy mix for the short to medium term. “Contrary to the popular belief that ‘coal is dead’, South Africa’s coal resources are abundant and can provide low-emitting,... 

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