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Coal News

Australia's Coronado to idle US operations as virus trips global economic growth

By: Reuters     Updated 1 hour 43 minutes ago Coronado Global Resources said on Monday it will temporarily halt metallurgical coal output from its U.S. operations due the global economic fallout of the coronavirus pandemic but will meet its current commitments. Operations at its other mine in Australia, Curragh, which accounts for 65% of... 

Allegiance secures loan for New Elk restart

By: Esmarie Iannucci     Updated 2 hours 13 minutes ago ASX-listed Allegiance Coal has entered into a $25-million loan term sheet with credit asset manager Nebari Natural Resources Credit Fund, which could contribute to the capital required to start up the New Elk mine, in Colorado. The loan will have a 36-month term from the date of drawdown, with... 

Mining could be enormous post-virus stabiliser – Minerals Council

By: Martin Creamer     29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis  – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post the coronavirus, South Africa would... 

Exxaro applies to continue supplying coal to Eskom

By: Marleny Arnoldi     27th March 2020 JSE-listed coal miner Exxaro Resources has started implementing its Crisis Management Plan and Business Continuity Plan across the breadth of its business, which includes health and safety controls and preventive measures to curb the spread of Covid-19. This while the company motivated to the... 

Covid-19 to further weaken US coal demand in an already diminishing market

By: Marleny Arnoldi     27th March 2020 US domestic demand for thermal coal will fall during the second quarter of the year as individual states shut down much of the industrial economy to try and stem the spread of Covid-19. This is according to Moody’s Investors Service, which states that, in broader terms, the global economy will... 

Covid-19 to further weaken US coal demand in an already diminishing market

Mantashe sustains 1 MW licence-exemption cap despite calls for higher threshold 

By: Terence Creamer     27th March 2020 Mineral Resources and Energy Minister Gwede Mantashe Gazetted an amended version of Schedule 2 of the Electricity Regulation Act on March 26, which the Department of Mineral Resources and Energy (DMRE) said further clarified the requirements for generation for own use for facilities of under 1... 

Mantashe sustains 1 MW licence-exemption cap despite calls for higher threshold
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

Anglo American cuts South African iron-ore, coal guidance 

By: Donna Slater     27th March 2020 Diversified miner Anglo American is taking steps at its relevant operations in line with Covid-19-related regulations enforced in the various jurisdictions in which it operates around the world. It will also continue to provide a number of essential services, including security; mine... 

Glencore winds down most operations in line with Covid-19 restrictions 

By: Donna Slater     27th March 2020 Diversified mining and marketing company Glencore, with operations internationally, is winding down most of its operations and putting them on temporary care and maintenance as lockdowns are enforced in various countries to slow the spread of Covid-19. The London- and Johannesburg-listed company... 

Transnet scales back to only essential services, operations

By: Simone Liedtke     27th March 2020 In line with government’s implementation of a three-week lockdown of the country to reduce the spread of the Covid-19 virus, State-owned entity Transnet will be scaling down its transportation services and operations of non-essential cargo during this period. After consultation with various... 

Universal abandons High Court action

By: Esmarie Iannucci     27th March 2020 South Africa-focused coal miner Universal Coal on Friday announced that it would discontinue its legal proceedings in the High Court of Justice of England and Wales in relation to an unsolicited from fellow-listed TerraCom, after the suitor announced that it had achieved just over 90% of the... 

Eskom postpones ‘philosophy maintenance’ as it shuts units in response to drop in demand 

By: Terence Creamer     27th March 2020 State-owned electricity producer Eskom has reported that demand dropped by more than 6 000 MW on the afternoon of March 26 as businesses shut in anticipation of the start of the nationwide Covid-19 lockdown. The utility also indicated that a further reduction in demand was anticipated for the... 

Eskom postpones ‘philosophy maintenance’ as it shuts units in response to drop in demand

MC Mining halts mining

By: Esmarie Iannucci     27th March 2020 Coal miner MC Mining has suspended production at its South African coal operations, as a 21-day nationwide lockdown comes into effect. “MC Mining supports all measures to limit the impact of Covid-19 and the lockdown has impacted our Uitkomst Colliery, as well as our corporate office and project... 

Boipelo uses experience to court juniors

By: Nadine James     27th March 2020 Coal-focused Boipelo Mining Contractors – a Level 2 broad-based black economic empowerment joint venture formed by Murray & Roberts Cementation (MRC) and the Amandla TM Group – having recognised the opportunity presented by divesting majors, is actively courting players in the midtier and,... 

Boipelo uses experience to court juniors
EXCEEDING EXPECTATIONS Since its appointment, Boipelo Mining has consistently exceeded its monthly production target

Miner confident of new licence

By: Cameron Mackay     27th March 2020 Local coal miner Canyon Coal has applied for a new water use licence (WUL), in terms of the National Water Act, to develop its De Wittekrans coal project. De Wittekrans has an environmental authorisation, a mining right and a WUL. The reserve will be mined using opencast and underground mining... 

Miner confident of new licence
ACE IN THE COAL Product from the mine has been offered to Eskom through two separate tender processes

Coal remains vital to energy mix

By: Cameron Mackay     27th March 2020 Despite increased regulatory pressure regarding the environmental impacts of its mining, storage and use in power generation, coal is still essential to the local energy mix, says engineering consultancy WSP power generation consultant Wayne Lindecke. “We are not naïve to the negative... 

Coal remains  vital to energy mix
WAYNE LINDECKE As a country, we’re evolving and trying to get our energy mix right, so we are dependent on coal and will still be for a while

Coal supplier receives UPS systems

27th March 2020 Mining system solutions supplier Becker Mining South Africa has delivered 12 uninterruptible power supply (UPS) systems to a local coal mine to enhance safety and prevent unnecessary downtime. These specially designed UPS systems ensure continuous operation of the mine’s programmable logic... 

Coal supplier receives UPS systems
CONNECTIVITY These interconnected UPS systems, with Ethernet and RS232 connectivity, can be controlled or remotely managed and monitored from the control station

Coal faces funding troubles

By: Cameron Mackay     27th March 2020 While demand for coal is still rising, there has been a local trend towards financing more sustainable and ‘green’ projects. Through public and shareholder pressure and aligning with global trends, local financial institutions are also reconsidering their approach towards funding new coal... 

Coal faces  funding troubles
Photo by Creamer Media
THE COAL STORY Currently, about 77% of the country’s electricity is generated from coal

Earthworks completed, company continues coal sector growth

By: Cameron Mackay     27th March 2020 At the end of February this year local bulk earthworks solutions provider Icon Group finalised the earthworks for an expansion of coal miner Canyon Coal’s opencast Phalanndwa Colliery. The colliery, situated east of Delmas, in Mpumalanga, is expected to double the mine’s production. 

Earthworks completed, company continues coal sector growth
A COAL NEW WORLD Involvement in this project has provided an ideal way for Icon to become more established in the local coal sector

Flexibility, knowledge assist in cost reduction

By: Nadine James     27th March 2020 The coal sector faces immense cost pressures, which are influenced and  exacerbated by uncontrollable macroeconomic factors, notes vibrating equipment solutions provider Kwatani CEO Kim Schoepflin. However, she comments that Kwatani has sought to mitigate the impact of these factors by reducing... 

Flexibility, knowledge assist in cost reduction
KIM SCHOEPFLIN To achieve efficient and productive coal processing at the lowest possible cost, there needs to be an understanding of the underlying orebody, the application and the overall process

New-generation loader set for South Africa

27th March 2020 Orders have already been placed by major South African coal miners for solutions provider Sandvik’s new LS312 flameproof underground loader. The first active units will start rolling off the local production line in the second quarter of this year, according to Sandvik Mining and Rock... 

New-generation loader set for South Africa
QUIETER & CLEANER Powered by the C7.1 mechanical engine, the new generation LS312 complies with Tier II emissions standards while ensuring quieter, and more efficient operation

Sector rich in opportunities, despite recent trends

27th March 2020 In South Africa, as well as globally, there has been a trend towards renewable energy sources and away from thermal coal. Empowered coal miner Seriti Resources CEO Mike Teke states that, as the company aims to become State-owned power utility Eskom’s largest coal supplier and also has hopes to... 

Sector rich in opportunities,  despite recent trends
AT BECK AND COAL Coal-fired power will continue to fundamentally underpin of the growth of the local economy for the foreseeable future

Emerging miner on the difficulties in accessing project capital

By: Mamaili Mamaila     27th March 2020 The mining sector is transforming as technology presents new industry opportunities, says emerging miner Lurco Group COO Aubrey Chauke. 

Emerging miner on the difficulties in accessing project capital
Photo by Bloomberg
MOVING AWAY South African financial institutions no longer have an appetite for coal projects

Industry reaction to Minister’s call for higher levels of clean-coal investment

By: Mamaili Mamaila     27th March 2020 There is much scepticism domestically and internationally about the potential for clean-coal technology (CCT). In South Africa, however, there has been an amplification in recent months of calls for accelerated efforts to be made to finding innovative solutions to the serious environmental and... 

Industry reaction to Minister’s call for higher levels  of clean-coal investment
Photo by GE
POWER PLANT OPTIMISATION Eskom’s Kusile power station’s use of the wet flue gas desulphurisation technology ensures lower emissions

Lurco outlines six strategies for coal operations to manage Covid-19

By: Tasneem Bulbulia     26th March 2020 The importance of providing energy to South Africa during the 21-day lockdown period to curb the spread of Covid-19 cannot be overstated, making the companies that supply State-owned utility Eskom with coal the energy sector’s lifeblood, says coal miner Lurco CEO Ellington Nxumalo. He emphasises,... 

Resgen shareholders advised to vote by proxy on Boikarabelo coal project

By: Simone Liedtke     26th March 2020 Energy resources company Resource Generation (Resgen) is considering alternative arrangements for its extraordinary general meeting (EGM), which had been scheduled for April 7, in Australia. The EGM will be used to seek shareholder approval for the mine funding package for the construction of the... 

Menar suspends mining operations for Covid-19 lockdown

By: Tasneem Bulbulia     26th March 2020 In full support of President Cyril Ramaphosa’s plans to mitigate the impact of Covid-19, mining investment company Menar has suspended all mining operations. “We support all efforts to enforce social distancing, including confining most people to their homes to prevent social and nonessential... 

Wescoal prepared for lockdown

By: Tasneem Bulbulia     26th March 2020 JSE-listed Wescoal has implemented measures to minimise the spread of Covid-19, as well as business continuity plans for the 21-day lockdown in South Africa. Coal producers and power stations are included as essential service in South Africa and are to remain operational. 

Exxaro approved to list on A2X

By: Tasneem Bulbulia     25th March 2020 JSE-listed Exxaro Resources has been approved for a secondary listing on A2X Markets from April 2. Exxaro is a black-empowered miner in South Africa, with an asset portfolio of coal operations and investments in iron-ore, pigment manufacturing, renewable energy and residual base metals. 

Mining to be ‘scaled down significantly’ during 21-day lockdown 

By: Terence Creamer     25th March 2020 Mining operations in South Africa are to be “scaled down significantly” during the 21-day lockdown period, particularly labour-intensive, deep-level mining activities, Mineral Resources and Energy Minister Gwede Mantashe reported on March 25. However, mines supplying coal to Eskom would remain in... 

Mining to be ‘scaled down significantly’ during 21-day lockdown

Risk of load-shedding will be low during lockdown - Mantashe  

By: Terence Creamer     25th March 2020 Security of energy supply remains critical during the Covid-19 lockdown period, Mineral Resources and Energy Minister Gwede Mantashe reiterated on March 25. The supply of fuel to critical and essential services, as well as the supply of coal to Eskom for electricity supply and liquid fuels... 

Risk of load-shedding will be low during lockdown - Mantashe
Mineral Resources and Energy Minister Gwede Mantashe r

Global mining majors putting bright new spotlight on green hydrogen 

By: Martin Creamer     25th March 2020 Three years ago the Hydrogen Council catapulted hydrogen to the forefront as a source of energy for transport and industrial companies. Now mining majors are putting the spotlight on hydrogen once again with the launch of the Green Hydrogen Consortium, which Hatch marketing coordinator Alana... 

Global mining majors putting bright new spotlight on green hydrogen
Liquid organic hydrogen carrier (LOHC) technology renders hydrogen oil-like.

TerraCom warns of Universal de-list plans

By: Esmarie Iannucci     25th March 2020 ASX-listed TerraCom has increased its voting rights in takeover target Universal Coal to 87% as the deadline for the takeover offer looms. The suitor previously said that should it gain a shareholding of more than 75%, but less than 90% of Universal by the end of the offer period, the company... 

Colombia mining companies to reduce operations due to coronavirus

By: Reuters     24th March 2020 Colombian mining companies, including coal producers Cerrejon and Drummond, will reduce operations to slow the spread of coronavirus, the sector's guild said on Tuesday. Some 15 000 workers directly employed in the industry will stop working, as will 18 000 indirect workers, the Colombian Mining... 

Poland allows PGE to extend brown coal production in Turow

By: Reuters     24th March 2020 Poland's climate ministry has allowed State-run energy group PGE to extend operations at its open-pit lignite coal mine in Turow by six years, a decision likely to dismay environmental campaigners. Poland generates most of its electricity from coal and lignite, or brown coal, and is the only EU... 

Kibo puts ‘business continuity programme’ in place amid Covid-19 pandemic

By: Simone Liedtke     24th March 2020 Africa-focussed Kibo Energy has put a business continuity programme in place to protect its employees while ensuring the safe operation of the company amid the Covid-19 pandemic. This has resulted in all non-essential travel being cancelled and all employees at head office being asked to work... 

Falling prices lower New Hope profits

By: Esmarie Iannucci     24th March 2020 Coal miner New Hope Corporation has reported a 41% fall in profits after tax for the half year ended January, driven by lower coal prices. Profits for the six months under review declined from the A$120.2-million reported in the previous corresponding period, to A$69.7-million.. 

If we don’t take climate change seriously, God help us – Mxolisi Mgojo   

By: Martin Creamer     23rd March 2020 Coal mining company Exxaro Resources, which acknowledges coal’s negative impact on climate in a 20-page publication just released, expresses the view that a just transition to a low-carbon future should inform global climate action. “If we don’t take climate change issues very, very seriously,... 

If we don’t take climate change seriously, God help us – Mxolisi Mgojo
Exxaro CEO Mxolisi Mgojo presentation covered by Mining Weekly’s Martin Creamer. Video Editing: Nichols Boyd. Photograph: Donna Slater. Video: Kutlwano Matlala.
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