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Coal News

New Hope production on the rise

By: Esmarie Iannucci     20th August 2021 Coal miner New Hope has reported an 18.6% increase in coal production for the quarter ended July, compared with the previous quarter, as both its Queensland and New South Wales operations lifted production. Run-of-mine (ROM) coal production in the three months to July reached 3.9-million tonnes,... 

Taliban's return clouds long-delayed plans for Afghanistan's resources

By: Reuters     19th August 2021 China is warily eyeing the resumption of some Afghan resource projects but it will take years before the infrastructure is ready while security issues threaten to once again stall projects, according to state media and industry sources. Afghanistan's vast mineral wealth - including large reserves... 

An image of a fighter in Afghanistan

South32 posts higher manganese, aluminium output from South African operations 

By: Marleny Arnoldi     19th August 2021 Diversified miner South32 has posted a 21% year-on-year increase in manganese output from its South African mines to 2.26-million tonnes for the year ended June 30. The JSE-, ASX- and LSE-listed miner has a 44% interest in two manganese mines – Mamatwan and Wessels – in South Africa, based in... 

Hillside Aluminium, in Richards Bay
Hillside Aluminium, in Richards Bay

Emissions ‘unavoidable’ even if cleanest coal generation technology is used – report

By: Simone Liedtke     18th August 2021 Dr Ranajit Sahu, an engineer with more than three decades of experience in power plant design, has found that large quantities of greenhouse-gas (GHG) emissions are “unavoidable”, even if the cleanest available technology is used for new coal-fired power generation. South Africa’s Integrated... 

Resources Watch  

18th August 2021 This week: Exxaro ups coal volume at risk owing to Transnet challenges to three-million tonnes; Coal miner Exxaro to spell out decarbonisation strategy on Sept 20; and, Up to 450 MW for cleaner, greener ferrochrome envisaged 

Image of Resources Watch
Resources Watch

Coal India unions seek 50% rise in staff salaries in early talks

By: Bloomberg     18th August 2021 Trade unions at Coal India, the world’s largest miner of the fuel, have demanded a 50% increase in workers’ wages, potentially pushing up costs of the fuel that helps produce more than two-thirds of India’s electricity. The demand is backed by expectations for rising profits in coming years amid... 

De Ruyter outlines green reindustrialisation vision for South Africa 

By: Terence Creamer     18th August 2021 Eskom CEO Andre de Ruyter has outlined the case for leveraging South Africa’s transition to green energy to reverse the country’s “vicious cycle of deindustrialisation and unemployment” and to trigger a “virtuous cycle of local demand for local goods to create investment and jobs”. Delivering the... 

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

SAIMM remembers Navin Singh

By: Donna Slater     17th August 2021 The mining career of Mandela Mining Precinct developer, Southern African Institute of Mining and Metallurgy (SAIMM) fellow and, most recently, Kumba Iron Ore’s head of technology, Navin Singh has been celebrated by the SAIMM after he died on July 12. Singh, who was with the SAIMM since 2018, was... 

An image of Navin Singh
Navin Singh

Thungela speedy in putting R6m into trust for communities around its coal mines  

By: Martin Creamer     16th August 2021 With the new Thungela Resources only months old, the JSE- and London-listed coal mining company has already put an initial R6-million into a trust for the benefit of the communities living around its coal mining operations. The first distribution to the Community Partnership Plan was made on June... 

Screenshot taken by Creamer Media of July Ndolvu during August 2021 presentation of results.
Thungela CEO July Ndlovu interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Sasol’s new 2030 and 2050 decarbonisation targets to be ‘substantially higher’ 

By: Terence Creamer     16th August 2021 South Africa’s carbon-heavy fuels and chemicals group Sasol is poised to announce a “substantially higher” target for the reduction of its greenhouse-gas emissions following an intensive period of financial and organisational restructuring during its 2021 financial year. The JSE-listed group took... 

Photo of Sasol CEO Fleetwood Grobler
Photo by Creamer Media's Donna Slater
Sasol CEO Fleetwood Grobler

Weekly Coal Index Report

16th August 2021 If South African coal exporters are buzzing with excitement at spot prices of around $140/t, they are surely eyeing their Australian counterparts with sweaty palms. At just over $170/t, Newcastle is near its record highs, whilst Indonesian coal, favoured by China after its Australian ban, has... 

An image of the spot coal prices for July and August

Benga seeks judicial review of Grassy Mountain rejection

By: Creamer Media Reporter      16th August 2021 Benga Mining, a unit of Australian billionaire Gina Rinehart’s Hancock Prospecting, has applied to the Federal Court of Canada for a judicial review of the rejection of the $800-million Grassy Mountain steelmaking coal mine that it plans to build in the Rocky Mountains of Alberta. Benga has... 

An image of the sign to Crow's Nest in Alberta, Canada.

Covid reported at Allegiance's New Elk mine

By: Esmarie Iannucci     16th August 2021 Production at the New Elk coal mine, in Colorado, is continuing, albeit at a reduced pace, said ASX-listed Allegiance Coal. The miner on Monday confirmed that three cases of Covid-19 had been reported at the site, where two production units were currently operating. 

Thungela confident Transnet rail challenge is transient  

By: Martin Creamer     13th August 2021 New coal mining company Thungela Resources said on Friday that it remained confident that the Transnet Freight Rail (TFR) challenge is transient. Similar to the rest of the coal-mining industry, Thungela has faced a sustained period of underperformance by TFR. 

Screenshot of Thungela FD Deon Smith during august 2021 results.
Thungela results presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Richards Bay power outage affects TFR's services

By: Schalk Burger     13th August 2021 A power outage which occurred in the City of uMhlathuze, or Richards Bay, between the afternoon of August 12 and the early hours of August 13 has impacted on State-owned Transnet Freight Rail’s (TFR's) services in the area. The outage meant that the Richards Bay Coal Terminal was unable to... 

China’s green ambitions aren’t halting new coal and steel plans

By: Bloomberg     13th August 2021 China continues to announce new steel mills and coal-fired power plants even as the country maps out a path to zeroing out heat-trapping emissions. State-owned firms proposed 43 new coal-fired generators and 18 new blast furnaces in the first half of 2021, the Centre for Research on Energy and... 

BHP signs historic Native Title deal at South Walker

By: Esmarie Iannucci     13th August 2021 Diversified miner BHP has inked an historic agreement at its South Walker Creek coal mine, in Central Queensland, to provide inter-generational benefits to the Barada Barna people. The Barada Barna Aboriginal Corporation (BBAC), on behalf of the Barada Barna people, have entered into a Native... 

Chinese tensions costing Australia billions - report

13th August 2021 A new report from the University of Adelaide’s Institute for International Trade (IIT) has found that Australia had lost an estimated $4.9-billion in revenue to the Chinese market between July 2020 and February 2021, as a result of China’s restrictions on Australian goods. The report, titled... 

Image depicts the shadow of a man behind the Chinese flag

Thermal coal price recovery buoys Thungela maiden interim  

By: Martin Creamer     13th August 2021 New coal mining company Thungela Resources on Friday reported interim results for the six months ended June 30 after one month of operating as an independent business. Thungela generated half-year operating profit of R990-million, adjusted earnings before interest, taxes, depreciation and... 

Picutre of Thungel CEO provided by Thungela
Thungela CEO July Ndlovu

Jameson optimises Crown Mountain output

By: Esmarie Iannucci     13th August 2021 A yield optimisation study for the Crown Mountain coking coal project, in British Columbia, has increased anticipated production from the 1.7-million tonnes a year considered in the bankable feasibility study (BFS) to 1.96-million tonnes a year. ASX-listed Jameson Resources on Friday said that... 

An image of drilling at the Crown Mountain site in British Columbia.

Arnot Opco enters into coal supply agreement with Eskom

By: Donna Slater     12th August 2021 JSE-listed coal miner Wescoal reports that Arnot Opco, in which it holds a 50% stake, has entered into a long-term coal supply agreement (CSA) with State-owned power utility Eskom to supply coal from the Arnot mine, in Middelburg, Mpumalanga, for the next ten years. The CSA marks the conclusion... 

Exxaro ups coal volume at risk owing to Transnet challenges to three-million tonnes  

By: Martin Creamer     12th August 2021 Based on current performance, coal-mining company Exxaro has upped the second half of the year volume of coal at delivery risk, owing the ongoing Transnet Freight Rail (TFR) challenges, to three-million tonnes. “Previously we have highlighted what we believe will be the amount of volumes that... 

Screenshot taken during Exxaro Aug 2021 presentation
Exxaro half-year results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Coal miner Exxaro to spell out decarbonisation strategy on Sept 20  

By: Martin Creamer     12th August 2021 The investment by diversified coal, energy and ferrous resources group Exxaro Resources in the renewable energy company Cennergi will further support the company’s decarbonisation strategy, Exxaro CEO Mxolisi Mgojo said when the JSE-listed company reported sterling half-year financial results... 

Screenshot of Exxaro CEO during presentation of half-year 2021 results.
Exxaro half-year results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Exxaro ups interim dividend on higher half-year income inflows

By: Martin Creamer     12th August 2021 Diversified coal, energy and ferrous resources group Exxaro on Thursday announced a substantially higher interim dividend on iron-ore boosted half-year income inflows in the six months to June 30. Headline earnings leapt 105% to R6 804-million on the 180% increase to R4 062-million in... 

Image of a wind farm deveoped by Exxaro's Cennegi.
Photo by Creamer Media
Exxaro's renewable energy business Cennergi helped to lift half-year revenue.

Thiess wins major contract extension

By: Esmarie Iannucci     12th August 2021 Mining contractor Thiess has been awarded a A$920-million extension by MACH Energy Australia to continue providing mining services at the Mount Pleasant coal operation, in the Hunter Valley. The contract extension would run for a period of four-and-a-half years, and would see Thiess continue to... 

South Africa needs to commit to transitioning to net-zero by 2050 – report 

By: Simone Liedtke     11th August 2021 As a country with one of the most emissions-intensive power sectors in the world, and as a nation that is particularly vulnerable to the impacts of climate change, South Africa needs to commit to find ways to transition to a net-zero emission economy by 2050, National Business Initiative (NBI)... 

South Africa needs to commit to transitioning to net-zero by 2050 – report

Brazil offers lifeline to coal after UN calls for ‘death knell’

By: Bloomberg     11th August 2021 Brazil is offering a lifeline to its coal industry even as the world’s scientists make it crystal clear that fossil fuel use must stop to avoid the worst effects of climate change. Brazil’s Mines and Energy Ministry on Monday published details of a new program that would support the coal sector... 

Exxaro expects up to 111% increase in interim HEPS

By: Marleny Arnoldi     10th August 2021 JSE-listed diversified miner Exxaro Resources expects to report a between 99% and 111% year-on-year increase in headline earnings per share (HEPS) for the six months ended June 30, to between R26.32 and R27.92. That compares with the HEPS of R13.21 posted for the prior comparable six months.  

Iron-ore/coal need to change for lower carbon steel - Woodmac

10th August 2021 Advisory firm Wood Mackenzie (Woodmac) this week noted that carbon emissions in the steel sector would need to fall by 75% from current levels in order to limit global warming to within 2 °C. This means reducing global steel emissions from over 3 000-million tonnes of carbon dioxide (CO2)... 

A truck transporting iron-ore in Australia

Explosion damages Medupi's Unit 4

By: Creamer Media Reporter      9th August 2021 Power utility Eskom has confirmed that an explosion at the Medupi power station's Unit 4 generator on August 8 has resulted in extensive damage to the generator. Unit 4 had been on a short-term outage since August 6 and the explosion occurred during the displacement of hydrogen with carbon... 

Major new climate report puts pressure on COP26 to ‘consign coal to history’

By: Bloomberg     9th August 2021 A landmark report by climate change scientists released Monday is expected to ratchet up the pressure on world leaders to rapidly end the use of polluting fossil fuels. Some of the most important readers of the 3 949-page report by the United Nations-backed Intergovernmental Panel on Climate... 

A coal-fired power station owned and operated by South African power utility Eskom

Canada blocks proposed Rocky Mountain coal mine on environmental grounds

By: Reuters     7th August 2021 Canada on Friday formally blocked a proposal to build a steelmaking coal mine in the Rocky Mountains of Alberta, citing what it said would be the significant environmental damage. The decision did not come as a surprise since energy regulators last month said the Grassy Mountain project,... 

An image of Environment Minister Jonathan Wilkinson
Environment Minister Jonathan Wilkinson

Buffalo subsidiary granted enviro approval for proposed new coal mine

By: Marleny Arnoldi     6th August 2021 TSX- and JSE-listed Buffalo Corporation indirect subsidiary Zinoju Coal’s has received environmental authorisation for its Balgray colliery refurbishment project, in South Africa’s KwaZulu-Natal province. Buffalo says in a statement issued on August 6 that the authorisation brings the project one... 

Ferrochrome is part of the green revolution – Glencore 

By: Martin Creamer     6th August 2021 Diversified mining and marketing company Glencore views the ferrochrome market as being particularly strong currently. “We've seen very healthy ferrochrome prices and good cash generation in that business,” Glencore CEO Gary Nagle said. 

An image showing wind turbines in Canada
Glencore, which uses wind turbine generated energy in Canada and Australia, is looking to also do so in South Africa.

New Women in Mining initiative to launch soon

6th August 2021 Coal mining company Kangra, a subsidiary of mining investment company Menar, located in Saul Mkhizeville, in Mpumalanga is currently establishing a new Women in Mining (WIM) initiative to further empower and safeguard women at the mine. Kangra human resources (HR) officer Buhle Nzuza explains... 

An image of Phalanndwa Colliery ADT operator Nonhlanhla Maseko
NONHLANHLA MASEKO Operating an ADT is tough, but can be greatly rewarding

Glencore top-up lifts planned shareholder returns to $2.8-billion 

By: Martin Creamer     5th August 2021 Diversified mining and marketing company Glencore on Thursday announced additional shareholder returns, comprising a $0.5-billion special cash distribution for payment in September and a $650-million share buyback to be completed by the release of full-year results next year. This overall top-up... 

A picture of Gary Nagle, who has taken over from Ivan Glasenberg as CEO of Glencore.
Glencore CEO Gary Nagle

China will restart coal mines as power demand surges

By: Bloomberg     5th August 2021 China’s top planning authority authorized more shuttered coal mines to restart production as key policymakers seek to balance progress on climate goals against still surging power demand. Operations will restart for a year at 15 coal mines across northern provinces including Shanxi and the... 

China will restart coal mines as power demand surges
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