India threatens to cancel coal blocks, Sasol in R14bn coal programme, Beacon Hill inks export deal and other news in the Coal Roundup

The March roundup includes details of the Indian Coal Ministry's recommendation to de-allocate 58 coal blocks allotted as captive mines to several user companies; Sasol's R14-billion coal replacement programme and Beacon Hill Resources' deal with...

Minas Moatize coal expansion project, Mozambique

Beacon Hill Resources expects to ship its first coking coal from the Minas Moatize mine by the middle of the year.

Beacon Hill inks export coal deal with Vitol

Aim-listed Beacon Hill Resources, through its subsidiary BHR Coal Mauritius (BHRC), has appointed independent energy trader Vitol Coal to market its export coal. Beacon Hill on Monday said the two parties entered a strategic four-year coal...

Mozambique has developments on several mining fronts

It its draft new mining law, Mozambique is proposing that business deals involving mining rights and licences for the country’s resources will have to be executed within the country’s borders.

Minas Moatize coal expansion project, Mozambique

The definitive feasibility study for the Minas Moatize project has confirmed a “technically and economically robust” coal mine.

Study confirms potential of 2.2Mt/y Mozambique coal mine - Beacon Hill

Aim-listed Beacon Hill Resources (BHR) has completed a definitive feasibility study (DFS) for its Minas Moatize project, in Mozambique, which confirmed a “technically and economically robust” coal mine. The mine, in the Tete province, would...

Additional management appointed at Minas Moatize

Aim-listed Beacon Hill Resources (BHR) has appointed additional senior management role-players at its Minas Moatize coal mine, in Tete, Mozambique, in preparation for the mine’s ramp up next year.

Coking coal potential to validate Mozambique infrastructure investment

Mozambique’s rapidly growing coal sector offers investors a promising future, with production from various projects expected to reach new buyer’s markets states international broking house London Commodity Brokers (LCB) South Africa GM Bevan...

Minas Moatize coal project, Mozambique

Mauritius-registered BHR Coal has entered into an offtake agreement with Global Minerals & Metals.

Move away from nationalisation to serve as incentive for investors

In the Mozambique government’s bid to attract foreign investment and multiply about $3-billion that has been injected into the country over the past five years, it is steering away from nationalising its minerals, of which coal is a significant...

Beacon Hill, Global Coke revise offtake deal for Minas Moatize coal

Mauritius-registered BHR Coal (BHRC), a subsidiary of LSE-listed Beacon Hill Resources, has entered into a revised offtake agreement with Global Minerals & Metal (GMM). Beacon Hill’s Minas Moatize mine in Mozambique would supply GMM, an unit of...

Minas Moatize coal project, Mozambique

Beacon Hill expects to export first coal from its Minas Moatize coal mine before the end of the year.