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Coal News
Resources Watch 
Updated 2 hours 27 minutes ago This week: Mine haulage transition to electric offered without disruption; and, Renewables plans poised to slash Scope 2 emissions at Grootegeluk coal mine by up to 90% →
NPC calls for declaration of ‘energy emergency’ to facilitate rapid building of generation and storage over 24 months 
By: Terence Creamer Updated 3 hours ago The National Planning Commission (NPC) has called for the declaration of an ‘energy emergency’ to override any red tape currently preventing the construction of new electricity capacity, as well as to make it possible to build 10 000 MW of new generation and 5 000 MW of new storage capacity over... →
TFR offers deed of amendment to lift force majeure on coal exporters
By: Schalk Burger Updated 4 hours ago State-owned Transnet Freight Rail (TFR) is encouraging coal export parties to sign a deed of amendment for the remaining term of a long-term agreement, which expires in March 2024, to lift its force majeure on them, which was declared owing to a severe shortage of operational locomotives.... →
Just Transition Framework means South Africa can ‘proceed apace’ with $8.5bn partnership
By: Terence Creamer 5th July 2022 President Cyril Ramaphosa says the publication of the Just Transition Framework will enable South Africa to “proceed apace with harnessing the benefits” of the Just Energy Transition Partnership concluded with the US, the UK, Germany, France and the European Union in late 2021. The partnership... →
Edenville restructures board as it plans to expand Rukwa project
By: Tasneem Bulbulia 5th July 2022 Aim-listed Edenville Energy, operator of the Rukwa coal project, in Tanzania, has announced the restructuring of its board as the company plans to expand the project to benefit from the increased demand and pricing for coal, together with exploring other opportunities to broaden the company’s... →
Coal imports pour into energy-starved Europe from around the globe
By: Bloomberg 5th July 2022 A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted stockpiles. Coal poured into the Antwerp-Rotterdam-Amsterdam region -- a huge transport hub for energy and... →
South Africa’s 400 abandoned coal mines pose deadly, toxic risk
By: Bloomberg 5th July 2022 South Africa has failed to clean up and secure hundreds of abandoned coal mines that now pose a deadly threat to nearby communities, according to Human Rights Watch. There are more than 400 empty coal mines across the nation, which exports the fossil fuel and uses it to generate about 80% of its... →
Former IOCC CFO appointed at Champion Iron
By: Mariaan Webb 5th July 2022 Donald Tremblay, a former CFO of Rio Tinto’s Iron Ore Company of Canada (IOCC) has been appointed CFO at Champion Iron. “We are thrilled to welcome Donald Tremblay to our executive team,” stated Champion CEO David Cataford. “His expertise in the mining sector and experience as an executive of... →
Whitehaven facing legal challenges over Narrabri expansion
By: Esmarie Iannucci 5th July 2022 Coal miner Whitehaven Coal is facing a legal challenge to the State Significant Development Consent for the Narrabri Stage 3 extension project, in New South Wales, which was granted by the state’s Independent Planning Commission (IPC) in April this year. The proposed extension would extend the... →
Industry taxes reach record heights - report
By: Esmarie Iannucci 5th July 2022 Company tax and royalty payments from the Australian resources sectors reached a record A$43.2-billion in the 2020-21 financial year, up 16% on the previous financial year. A report released by advisory firm Ernst & Young, commissioned by the Minerals Council of Australia, revealed that company... →
EU plans hydrogen deal with Namibia as it pulls away from Russian energy
By: Reuters 4th July 2022 The European Union (EU) is planning a deal with Namibia to support the country's nascent green hydrogen sector and boost its own imports of the fuel, EU and Namibian officials said, as the bloc works to reduce its dependence on Russian energy. Hydrogen has long been touted as a less... →
New Anglo strategy director excited by mining’s green energy transition
By: Martin Creamer 4th July 2022 The newly appointed group director of strategy and business development of diversified mining company Anglo American on Monday singled out mining’s green energy transition in commenting on the excitement of her new appointment. Helena Nonka, who is currently executive VP of corporate development... →
Miners take a stand against Qld govt
By: Esmarie Iannucci 4th July 2022 Industry bodies the Queensland Resources Council (QRC), its exploration arm, the Queensland Exploration Council (QEC) and the Association of Mining and Exploration Companies (AMEC) will not attend the Queensland government’s launch of the Queensland Resources Industry Development Plan (QRIDP), in... →
Australian resources exports to set new records
By: Esmarie Iannucci 4th July 2022 Australia’s resource and energy export earnings are estimated to be worth A$405-billion in 2021–22, and is forecast to rise to A$419-billion in 2022–23, delivering two successive record years, the Office of the Chief Economist reported on Monday. As world supply responds to high prices and... →
Eskom attributes three stages of load-shedding to wildcat strike
By: Terence Creamer 1st July 2022 Embattled power utility Eskom has attributed three stages of the current load-shedding, which is being implemented daily at between Stage 4 and Stage 6, directly to the illegal strike under way at varying levels of intensity across its coal fleet. Speaking against the backdrop of a resumption of... →
Eskom CEO André de Ruyter
Bowen completes acquisition
By: Darren Parker 1st July 2022 ASX-listed Bowen Coking Coal has completed its 100% buyout of the shares in coal company New Lenton Coal, which it called a transformational transaction for the company. New Lenton holds a 90% interest in the Lenton joint venture (JV), which owns the Lenton coal project and Burton coal mine in... →
Mine haulage transition to electric offered without disruption
By: Martin Creamer 1st July 2022 If the world were to electrify every mine truck, it would stop 198 000 t of carbon dioxide (CO2) a day from entering the atmosphere, which equates to a single electrified mining truck eliminating what would take 46 000 trees to absorb. That mammoth sustainability benefit was driven home firmly... →
Exxaro highlights strong European coal demand, while local rail challenges persist
By: Marleny Arnoldi 30th June 2022 Diversified mining and energy group Exxaro Resources says high-quality thermal coal remains significantly in demand as the Russia/Ukraine war persists. The company reported in a pre-close statement issued on June 30 that the first half of the year has seen worsened supply chain disruptions... →
Eskom to implement Stage 6 load-shedding on Thursday and Friday
By: Creamer Media Reporter 30th June 2022 Power utility Eskom on Thursday said it would again implement Stage 6 load-shedding, from 14:00 until midnight, as the unlawful strike by employees continues. Stage 4 load-shedding will be implemented from 00:00 to 05:00 on Friday. From 05:00 until 00:00 on Friday, load-shedding will be... →
UK coal mine's climate impact is 'indefensible', watchdog says
By: Bloomberg 29th June 2022 Plans to build the UK’s first deep coal mine in three decades are “absolutely indefensible” because the resulting pollution would blow holes through the nation’s pledge to reduce emissions by 2050, the climate change watchdog said. The government is expected to decide next week whether to allow... →
At Australia mine, Glencore balances reforestation drive, coal profit
By: Reuters 29th June 2022 At Glencore's aging Mt Owen opencut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company's environmental credentials with climate activists and shareholders who want it to back away from coal. But just hundreds... →
Anglo investing in expansion of organic waste upcycling company Sanergy
By: Schalk Burger 28th June 2022 Diversified mining multinational Anglo American is leading the latest investment round of organic waste upcycling business Sanergy, which has operations in Kenya. Sanergy's solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into... →
New Acland expansion gains environmental approval
By: Mariaan Webb 28th June 2022 The New Acland Stage 3 coal project of ASX-listed New Hope Group moved a step forward on Tuesday, with the Queensland government granting the project environmental approval. The coal miner has been battling to gain approval for the Stage 3 development of its New Acland mine and was earlier... →
Power trip: While Stage 4 drags on some unions want Pravin, but Eskom heads to CCMA
By: News24Wire 28th June 2022 While Eskom has put its plans in motion to end protests that have disrupted its operations and break the deadlock at its wage talks, unions in the negotiations are split on whether the impasse may need an intervention from Public Enterprises Minister Pravin Gordhan. Historically, an intervention... →
Public Enterprises Minister Pravin Gordhan
G7 to allow fossil-fuel financing if climate pledges are kept
By: Bloomberg 28th June 2022 Group of Seven (G7) nations are set to allow some exceptional public financing of overseas fossil-fuel projects to continue provided that the investments are consistent with prior climate-change agreements, according to people familiar with the matter. The final text of the leaders’ statement,... →
Renewables plans poised to slash Scope 2 emissions at Grootegeluk coal mine by up to 90%
By: Martin Creamer 27th June 2022 Going forward, combined renewables plans already in place are poised to slash Scope 2 emissions at Exxaro Resources’s Grootegeluk coal mine in Limpopo by up to 90%. The renewable strategy being executed by coal miner Exxaro’s wholly owned green energy arm – Cennergi – is the key driver of the... →
QRC slams new Queensland Resources Industry Development Plan
By: Darren Parker 27th June 2022 Industry body the Queensland Resources Council (QRC) has responded with ire to the release of the Queensland Resources Industry Development Plan, which the Australian Department of Resources assisted in developing. “Unfortunately, a Queensland government 30-year plan isn’t worth the paper it’s... →
Asia coal prices hit record on hot global competition for fuel
By: Bloomberg 27th June 2022 A worsening global fuel shortage catapulted Asia’s coal benchmark to a record, threatening to boost power bills and add to inflation woes. Spot physical coal at Australia’s Newcastle port jumped 3.4% to a record $402.50 a ton on Friday, according to a biweekly index compiled by IHS Markit seen... →
Japan to end financing of key coal projects under climate pledge
By: Bloomberg 24th June 2022 Japan will withdraw financing for key coal-fired power plant projects in Bangladesh and Indonesia under efforts aimed at accelerating a global phase-out of the dirtiest fossil fuel. Asia’s second-largest economy will stop providing government-backed yen loans to the Matarbari 2 coal expansion... →
If power station protests persist, there’ll be much more load-shedding, Eskom warns
By: News24Wire 24th June 2022 Power utility Eskom warned on Friday morning that if protests at nine of its power stations and facilities continue, it increases the risk of higher stages of load-shedding. SA is currently experiencing Stage 2 load-shedding every day up to midnight until Sunday. →
Is it possible to convert old coal mines into successful farms?
By: Darren Parker 24th June 2022 The rehabilitation of South Africa’s closed coal mines has long been a source of contention among miners, environmental activists and affected communities. Numerous old mines were not rehabilitated at all, while many others were rehabilitated to within only the bare minimum requirements of the... →
US wants South Africa’s just transition investment plan aligned with lower end of decarbonisation pledge
By: Terence Creamer 23rd June 2022 South Africa’s Just Energy Transition Partnership Investment Plan, or JETP-IP, should be geared towards projects that will support the country in meeting the lower end of its new Nationally Determined Contribution (NDC), a senior US Treasury official has indicated. Ahead of the 2021 COP26 climate... →
Royalty hike an attack on regional Qld - QRC
By: Esmarie Iannucci 23rd June 2022 The Queensland Resources Council (QRC) has continued to speak out against the state government’s decision to hike coal royalties, saying the resources sector would be much harder hit than predicted by the state Treasurer. Queensland Treasurer Cameron Dick earlier this week ended a decade-long... →
Eskom set to host first roundtable with energy experts as load-shedding is extended
By: Terence Creamer 22nd June 2022 Eskom CEO André de Ryuter reports that the utility will host its first roundtable with local and international energy experts on Friday June 24 to discuss solutions to the country’s electricity crisis and ongoing load-shedding. Speaking during a briefing to explain a decision to extend rotational... →
Eskom's Megawatt Park HQ
Australian state's coal royalty hike could nudge others to follow suit - analysts
By: Reuters 22nd June 2022 Queensland's bigger-than-expected hike in coal royalties could embolden other Australian states and resources-heavy countries around the world to make similar moves, analysts warned on Wednesday. Australia's second-largest state, which aims to deliver a budget surplus by 2024-25, said on Tuesday... →
Final Just Energy Transition Partnership Investment Plan expected by November
By: Terence Creamer 22nd June 2022 A Just Energy Transition Partnership Investment Plan (JETP-IP), which will seek to unlock $8.5-billion in concessional climate finance to accelerate South Africa’s transition from coal to renewables and support workers and communities currently reliant on the coal value chain, is expected to be... →
Stanmore laments new coal tax
By: Esmarie Iannucci 22nd June 2022 Coal miner Stanmore Resources has blasted the Queensland government’s decision to hike coal royalties, saying the company was analyisng the impact of the additional taxes on the business. Queensland Treasurer Cameron Dick earlier this week ended a decade-long royalty freeze, imposing a... →
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