Wescoal bullish about 2012 inland coal market

The domestic coal price is expected to increase by as much as 16% by March 2012, bolstering JSE-listed Wescoal’s bullish outlook on the inland coal market for the year ahead, CEO André Boje said on Thursday at the miner’s interim results...

Increased demand from AMSA sees Exxaro deliver 29% more coking coal into local market

Exxaro, one of South Africa’s largest black economically-empowered mining companies, reported at its presentation of results for the six months ending June 30 that the company was pleased by the increased demand from steel producer ArcelorMittal...

RBCT says expansion project on track

The Richard’s Bay Coal Terminal (RBCT) on Thursday reported that it was on track to reclaim its status as the single largest export coal terminal in the world, by the second quarter of this year. RBCT CEO Raymond Chirwa said that the company...

R1,2bn coal terminal expansion delayed to Q4

The Richards Bay Coal Terminal (RBCT) Phase V expansion would now only be commissioned by the fourth quarter of this year, the RBCT reported on Monday, adding that contractors were considering working double shifts to meet this deadline. The...

Junior coal miners say limited rail capacity hampers SA exports

The restricted capacity of South Africa’s freight rail infrastructure was identified as the primary factor inhibiting increased flow of coal to South Africa’s primary export terminal, the Richard’s Bay Coal Terminal (RBCT). In a panel...

RBCT Phase V expansion to be commissioned in July - COO

The R1,2-billion Phase V development at Richard’s Bay Coal Terminal was on track to be commissioned in July this year, COO Raymond Chirwa said on Thursday. Addressing delegates at the South African Coal Exports Conference in Cape Town, Chirwa...

SA coal wagons derail, export line cut

South Africa's Transnet Freight Rail said on Monday that 26 wagons of export coal derailed on Saturday morning, damaging the country's coal line, which links mines to the Richard's Bay Coal Terminal (RBCT). "Twenty six wagons carrying export coal...

Transnet sees SA RBCT line back to normal by Sunday

South Africa's Transnet Freight Rail expects traffic on the Richard's Bay Coal Terminal to be back to normal by Sunday after a power outage disrupted freight on the line last month.

Coal project readies for kickoff

The board of joint-venture coal company Arm Coal was expected to sanction the development of the Goedgevonden (GGV) project within a few weeks, CEO Steve Mashalane told Mining Weekly at the time of going to print.

Bearing down on benchmark ambitions

BHP Billiton president and COO of Ingwe Collieries, the diversified mining company’s largest coal asset, Eliphus Monkoe, has had a principal role to play in the implementation of the Ingwe Recovery Plan, which has been running over the past...

Petmin approves acquisition, new anthracite-mine

JSE-listed Petra Mining (Petmin) yesterday announced that it would go ahead with the acquisition of coal- and anthracite-producer Springlake, for R108-million.

BEE firm expands coal interest

JSE Securities Exchange-listed Metorex has confirmed that its coal group has concluded a black-economic empowerment (BEE) transaction.