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Coal News

South32 sticks to its production outlook

By: Esmarie Iannucci     26th April 2022 Diversified miner South32 has maintained its production guidance for 2022 following a strong March quarter, while operating cost expectations for its Australian and South African operations have increased, on the back of stronger producer currencies, higher raw material costs and an increase in... 

Documentary seeks to ignite conversation on Mpumalanga’s just transition 

By: Terence Creamer     25th April 2022 A new documentary, highlighting both the fears and potential of pursuing a so-called just transition in the coalfields of South Africa, has been released on YouTube. The 30-minute video includes interviews with community members, workers and businesspeople from the Steve Tshwete and Emalahleni... 

Image of Mpumalanga coal station on the horizon
Image from the documentary of a Mpumalanga coal station on the horizon, clouded by dust and pollution

We owe the board and management of Eskom our full support, Ramaphosa asserts  

By: Terence Creamer     25th April 2022 “We owe the board and management of Eskom our full support as they work to turn the utility around,” President Cyril Ramaphosa writes in his weekly newsletter. Published against the backdrop of a recent bout of Stage 4 load-shedding and fresh finger-pointing over who is to blame for intensifying... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Six dead in Poland's second mining disaster in a week

By: Reuters     25th April 2022 The death toll in Poland's second mining disaster in the space of a week rose to six on Monday, Prime Minister Mateusz Morawiecki said, as he promised to investigate safety standards at the pits in question. A tremor shook Borynia-Zofiowka mine in southern Poland on Saturday morning, just days... 

Russia’s war is turbocharging the world’s addiction to coal 

By: Bloomberg     25th April 2022 In Germany and Italy, coal-fired power plants that were once decommissioned are now being considered for a second life. In South Africa, more coal-laden ships are embarking on what’s typically a quiet route around the Cape of Good Hope toward Europe. Coal burning in the US is in the midst of its... 

Russia’s war is turbocharging the world’s addiction to coal

Indonesia raises coal royalty rate to range of 14% to 28%

By: Reuters     22nd April 2022 Indonesia on Monday raised its royalty rate for coal miners from a single tariff of 13.5% to a range of 14% to 28% dependent on government-set coal benchmark prices, a change miners said could impact future investment. The maximum royalty applies to general sales when prices breach $100 per... 

Globe should rethink energy transition approach – WCA

22nd April 2022 International clean coal interest group World Coal Association (WCA) in March told a global commodities summit in Switzerland that it is time to rethink the approach to the Energy Transition from one of prescribed pathways and fuel choices to one which embraces diversity and all low emissions... 

China confirms it will build extra coal mine capacity this year

By: Bloomberg     21st April 2022 China’s cabinet has confirmed that the addition of an extra 300-million tons of coal mining capacity will happen this year, a blow to shippers already contending with weaker Chinese imports. The authorities hadn’t previously given a timeline for the ramp up, which threatens to upend the global... 

Eskom wants OEM ‘boots on ground’ to help stabilise poor performing coal fleet  

By: Terence Creamer     21st April 2022 Eskom has confirmed that it intends procuring engineering and maintenance services from original equipment manufacturers (OEMs) in the coming months to supplement its skills base at power stations that have become prone to repeated unplanned breakdowns. CEO André de Ruyter said the strategy was... 

Eskom CEO André de Ruyter
Photo by Creamer Media's Donna Slater
Eskom CEO André de Ruyter

BHP adjusts copper and nickel expectations

By: Esmarie Iannucci     21st April 2022 Major BHP has lowered its full-year production expectations for its copper and nickel divisions, while warning of tight labour markers in Australia and Chile for the rest of the year. “BHP delivered safe and reliable production in the third quarter. Our Western Australian iron-ore business... 

Image shows BHP's Escondida operations at sunset

Four dead in a pit blast at Europe's biggest coking coal miner

By: Bloomberg     20th April 2022 Four people died and more may be missing following an explosion at Pniowek mine in southern Poland operated by Europe’s largest coking coal producer JSW. As many as 42 miners were present in the section of the mine where the accident occurred at 12:15 a.m. local time, the company said on... 

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

Picture supplied.
President Cyril Ramaphosa.

DMRE says it has no knowledge of Eskom’s standard offer to secure power from private generators  

By: Terence Creamer     20th April 2022 The Department of Mineral Resources and Energy (DMRE) says it is unaware of Eskom’s ‘standard offer’ instrument, through which the utility claims it could potentially secure an immediate 500 MW from private generators with surplus electricity. Eskom CEO André de Ruyter listed the standard offer... 

Power Lines

Coal’s blistering rally can continue into 2023, producer says

By: Bloomberg     20th April 2022 Disruption to global coal trade as a result of Russia’s invasion of Ukraine should extend the fuel’s price rally into next year, according to Whitehaven Coal. Key consumers including South Korea and Japan are avoiding contracts for new cargoes from Russia, and a lack of alternatives to the... 

China buys cheap coking coal from Russia as world shuns Moscow

By: Bloomberg     20th April 2022 China more than doubled imports of steel-making coal from Russia in March, procuring the fuel at a discount as other nations move to ban deliveries due to the war in Ukraine. Coking coal imports from Russia jumped to 1.4-million tons in March, compared to 590 000 t for the same month last year... 

An image of coal wagons

Dartbrook sale moving forward

By: Esmarie Iannucci     20th April 2022 ASX-listed Australian Pacific Coal is advancing the sale of its Dartbrook coal project, in New South Wales. The company in February this year received a binding offer from its major shareholder and creditor Trepang Services to purchase the Darbrook coal project through the acquisition of... 

Balkans turns to coal as energy crisis trumps climate commitments

By: Reuters     19th April 2022 Balkan nations in southeast Europe are turning to coal as they try to tackle a global surge in energy prices, raising fears among environmentalists that countries are rowing back on commitments to phase out the most polluting fossil fuel. North Macedonia, once a frontrunner in attracting... 

De Ruyter in ‘call to arms’ appeal for cutting of red tape binds on new and existing capacity  

By: Terence Creamer     19th April 2022 Eskom CEO André de Ruyter has appealed for an immediate easing of regulatory impediments to the introduction of both immediately available capacity of about 500 MW and the accelerated procurement, or introduction, of the generation capacity required to ease the now constant risk of load-shedding.... 

Eskom CEO André de Ruyter
Photo by Creamer Media Chief Photographer Donna Slater
Eskom CEO André de Ruyter

Russia’s war in Ukraine puts global energy transition at crossroad

By: Bloomberg     19th April 2022 Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change. In some ways, the war is slowing the shift and giving old energy new life. In others, it’s bolstering the argument that adding more electric vehicles to roads and installing... 

Russia’s war in Ukraine puts global energy transition at crossroad

Coal handling, sales contract signed in Tanzania

15th April 2022 UK-based energy producer Edenville Energy announced in February that its subsidiary Edenville International Tanzania Limited (EITL) has entered into a contract with coal handling services company Nextgen Coal Mine for the operation of the company’s Rukwa coal project in Tanzania. The contract is... 

Mining production contracted by 6% y/y in February

By: Darren Parker     14th April 2022 Mining production contracted by a steep 6% year-on-year in February following an upwardly revised acceleration of 1.7% in January. This is the largest contraction recorded since January 2021, when production fell by 7.8%. 

Anglo positioning itself as favoured iron-ore supplier to green steelmakers  

By: Martin Creamer     14th April 2022 Diversified mining company Anglo American is taking steps to position itself as a favoured iron-ore supplier to green steel producers. 

Creamer Media picture.
Anglo American sustainability presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Coal exporters discussing agreements with Transnet following force majeure notifications  

By: Tasneem Bulbulia     14th April 2022 Coal miners Thungela Resources and Exxaro Resources have reported in separate statements that they remain in discussions with Transnet, through its Transnet Freight Rail (TFR) division, regarding the contractual terms of long-term coal transportation agreements. TFR on April 8 notified coal... 

An image showing coal stockpiled for export at the Richard's Bay coal terminal, in Richard's Bay
Photo by Bloomberg
Coal miners remain in discussions with Transnet Freight Rail regarding the contractual terms of long-term coal transportation agreements

Salungano CFO resigns

By: Creamer Media Reporter      14th April 2022 Jubilant Speckman has resigned as CFO and executive director of Salungano Group – previously known as Wescoal – for personal reasons. She will leave the company within the next six months and has committed to helping the board of directors with an orderly handover of her duties. 

Thungela in talks with Transnet about coal transport contracts; PIC increases shareholding

By: Tasneem Bulbulia     14th April 2022 The Public Investment Corporation (PIC) has again increased its holdings in JSE-listed Thungela Resources to 11.22%. This follows less than a week after having increased in shareholding in Thungela to 9.925% on April 8, from 8.033% previously. 

Thungela in talks with Transnet about coal transport contracts; PIC increases shareholding

MC Mining publishes Makhado BFS

By: Marleny Arnoldi     13th April 2022 Coal miner MC Mining has published a bankable feasibility study (BFS) on the Makhado hard coking coal project, in Limpopo. The BFS was completed by mining consultancy Minxcon and confirms the project’s measured and indicated coal resources at 296-million tonnes and proved and probable coal... 

Greater fuel cell adoption would be a massive boost for South Africa’s platinum group metals  

By: Martin Creamer     13th April 2022 The enactment by more governments of policies to enable greater hydrogen fuel cell mobility would be a massive boost for South Africa’s platinum group metals (PGMs) sector, Mining Weekly can today report. Adoption of hydrogen fuel cell mobility has already been significantly enabled by the German... 

Creamer Media picture
PGMs Industry Day webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Indonesia aims to set up coal levy agency by June

By: Reuters     13th April 2022 Indonesia's government aims to establish a "special entity" by June to help secure coal supplies for the state power utility company and collect levies, energy minister Arifin Tasrif told parliament on Wednesday. Following a coal supply crunch at the start of the year that was blamed on miners'... 

Eskom warns another 11 000 MW ‘at risk’ as it extends load-shedding

By: Terence Creamer     13th April 2022 State-owned electricity producer Eskom warned on Wednesday that there was 11 000 MW of capacity currently “at risk” over and above the more than 13 600 MW out owing to full or partial load losses and the 5 300 MW unavailable owing to planned maintenance. Speaking after the utility again extended... 

Eskom generation executive Phillip Dukashe
Photo by Creamer Media Chief Photographer Donna Slater
Eskom generation executive Phillip Dukashe

European coal reaches one-month high as Russia supply curbs bite

By: Reuters     12th April 2022 Northwest European coal futures rose to the highest in more than a month as curbs on imports from Russia tighten the market. The European Union, UK and Japan plan to phase out imports of the fuel to try to cut off a source of revenue for Moscow after its invasion of Ukraine. But that leaves... 

India to face more power cuts due to coal shortage, soaring demand

By: Reuters     12th April 2022 India is likely to face more power cuts this year as utilities' coal inventories are at the lowest pre-summer levels in at least nine years and electricity demand is expected to rise at the fastest pace in at least 38 years, officials and analysts say. Power cuts could stifle industrial activity... 

Eskom aiming to unlock 1 000 MW through Mpumalanga land lease bidding process 

By: Terence Creamer     12th April 2022 State-owned electricity utility Eskom has initiated a bidding process for the leasing of generation land in Mpumalanga to independent power producers (IPPs) and CEO André de Ruyter indicates that there is sufficient grid capacity available to support renewables projects with a combined capacity... 

Eskom CEO André de Ruyter
Photo by Creamer Media's Donna Slater
Eskom CEO André de Ruyter

Nene joins MC Mining board as nonexec director

By: Marleny Arnoldi     12th April 2022 Coal miner MC Mining has announced the appointment of multilateral institution veteran and former Finance Minister Nhlanhla Nene to its board as a nonexecutive director. A number of board changes have been made following an extraordinary general meeting (EGM) on April 11.  

Former Finance Minister Nhlanhla Nene
Photo by Bloomberg
Former Finance Minister Nhlanhla Nene

Clients planning to close many renewable energy project deals this year – Nedbank CIB  

By: Martin Creamer     11th April 2022 While Africa is blessed with great natural sun and wind resources, it has about 600-million people living without access to electricity, which is one of the biggest impediments to the continent’s economic growth. Renewable energy is available to put an end to this impediment, as it can provide... 

Picture supplied
Nedbank CIB Group Managing Executive Anél Bosman interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Buffalo files updates reserves statement, agrees to loan restructuring

By: Tasneem Bulbulia     11th April 2022 A new resources and reserves technical report update filed by Buffalo Coal “supports positive confirmation that value can be unlocked from the group’s Balgray, Magdalena and Aviemore North mining projects,” says CEO Emma Oosthuizen. The 2022 technical report presents an update of the October 1,... 

Creecy insists move to appeal Highveld air pollution judgment is not designed to delay regulations 

By: Terence Creamer     11th April 2022 Forestry, Fisheries and the Environment Minister Barbara Creecy has moved to appeal parts of a landmark High Court judgment recognising air pollution as a violation of the Constitutional rights of citizens living in the Highveld Priority Area – a 31 000 km2 region that includes parts of... 

Forestry, Fisheries and the Environment Minister Barbara Creecy
Forestry, Fisheries and the Environment Minister Barbara Creecy

PIC lifts shareholding in Thungela

By: Marleny Arnoldi     11th April 2022 The Public Investment Corporation (PIC) has increased its shareholding in coal miner Thungela Resources from 8.033% to 9.925% on April 8. This follows what Thungela CEO July Ndlovu earlier in April described as a “comeback for coal” as European demand rises.  

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