Vele coal project, South Africa

The proposed Vele colliery is said to have the potential to produce five-million tons a year of coking coal, starting with one-million tons a year.

ArcelorMittal SA’s Verster joins CoAL board

Aim-, ASX- and JSE-listed Coal Of Africa Limited (CoAL) has appointed Kobus Verster as steel producer ArcelorMittal’s nominee nonexecutive director, effective immediately. Consequently, Pierre Leonard has stepped down from the board as...

CoAL commissions coal handling plant at Mooiplaats

Aim-, ASX- and JSE- listed Coal of Africa Limited (CoAL) has successfully commissioned the coal handling and preparation plant (CHPP) at its Mooiplaats colliery, in South Africa’s Mpumalanga province. This first module of the CHPP has the...

Mooiplaats coal project, South Africa

The project involves the construction of a coal mine over a series of adjacent ‘farms', comprising roughly 16 000 ha bordering the Camden power station, in Mpumalanga.

Coal of Africa submits environmental study for Vele colliery

JSE- Aim- and ASX-listed Coal of Africa Limited (CoAL) has submitted the environmental impact assessment (EIA) and environmental management plan (EMP) as part of the new order mining license for the Vele colliery project in South Africa’s...

Opencast mining contractor confident about 2009

Opencast mining contractor and capital equipment leaser MCC, a subsidiary of JSE-listed Eqstra, is experiencing a steady, yet relatively quiet period, but is expecting an upswing in the third and fourth quarter this year, owing to a spate of new...

Daily podcast – May 6, 2009

In today's podcast: Chinese iron-ore imports hit a new record high for the third consecutive month in April; and Foundation Coal lowers its guidance for coal shipments this year and in 2010.

Real Economy Report

This is the Real Economy Report. Our top stories this week: we ask if the election of a new ANC government will mean new economic policies for the country; an instrumentation company looks to diversify the market; and we look at the impact of the...

Mapungubwe emerges as new theatre in tussle between mining and ecotourism

The consistently contentious question of whether or not mining, ecotourism and agriculture can co-exist, was once again highlighted during the public consultation process for Coal of Africa Limited’s (CoAL’s) Vele Colliery, near the Mapungubwe...

ArcelorMittal SA buys 16% stake in Coal of Africa

Steel producer ArcelorMittal South Africa has acquired its parent group’s 16,3% stake in coal-mining company Coal of Africa Limited (CoAL) for R404,5-million in cash. “This transaction ensures secure supplies of a key input material for the...

Company Announcement: ArcelorMittal South Africa acquires 16.3% stake in Coal of Africa

Attached please find a press release on: ArcelorMittal South Africa today announced that it has acquired ArcelorMittal Group’s 16.3% stake in mining company Coal of Africa Limited (CoAL) for R404.5m in cash. The price is based on the previous...

Emerging coal-miner secures rail, port allocations for budding coal projects

Emerging coal-miner Coal of Africa Limited (CoAL) has secured rail allocations with State-owned Transnet Freight Rail (TFR), a unit of South African logistics group Transnet, for rail services for the export of coal produced at its Vele, Makhado...