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Coal News

Teck narrowly misses coal sales target

By: Mariaan Webb     11th April 2022 Canadian miner Teck Resources said on Monday that it had missed its first-quarter steelmaking coal sales guidance, but reported a positive pricing adjustment of C$88-million on record steelmaking coal prices. The company reported first-quarter coal sales of six-million tonnes, slightly below the... 

Coal mining starts at Bluff

By: Esmarie Iannucci     11th April 2022 Mining has started at the Bluff opencut coal mine, in Queensland. ASX-listed Bowen Coking Coal on Monday reported that first coal sales from the mine were on track for this quarter, with the mine to reach steady-state production of 80 000 t to 100 000 t/m by July. 

Exxaro celebrates safety accolades at Sustainability Summit

By: Marleny Arnoldi     8th April 2022 JSE-listed diversified miner Exxaro Resources has used the occasion of its annual Sustainability Summit on April 7 to reiterate its commitment to be a leading sustainable and responsible mining company. The theme is this year’s summit was the Power of 5, marking five years of fatality-free... 

Ageing infrastructure, production pressure contributing to fatalities – Msiza

By: Darren Parker     8th April 2022 Reiterating concerns about the rise in fatalities in the mining industry since 2020, Department of Mineral Resources and Energy (DMRE) chief inspector of mines David Msiza has said the industry should not be satisfied with any number greater than zero fatalities. In an address at the Coalsafe... 

DMRE chief inspector of mines David Msiza
DMRE chief inspector of mines David Msiza

Ground breaks at Olive Downs

By: Esmarie Iannucci     8th April 2022 Construction has started on the A$1-billion Olive Downs coal mine, in Queensland. Queensland Minister Scott Stewart said the project would bring significant economic benefits to all of Queensland, and would create up to 1 000 new local jobs. 

Image shows a hand holding coal

South Africa should invest more into coal to prevent an energy crisis

By: Darren Parker     7th April 2022 Rather than withholding investment, South Africa needed to ramp up investment in the fossil fuels sector – particularly coal – to stave off a prolonged energy crisis that started aleady in 2021, energy economist and German commodity trading company HMS Bergbau shareholder Dr Lars Schernikau said... 

HMS Bergbau shareholder Dr Lars Schernikau
HMS Bergbau shareholder Dr Lars Schernikau

China coal hub approves mega-mine that can produce for 97 years

By: Bloomberg     7th April 2022 Officials in the key Chinese coal mining hub of Ordos approved a massive mine that can produce 15-million tons annually and operate for nearly 97 years. The city’s natural resources bureau on April 2 gave a license to Lianhai Coal Industry to operate the Baijiahaizi mine, which covers about 170... 

Exxaro gets 'numerous' European requests for coal

By: Reuters     7th April 2022 South Africa's Exxaro Resources has received "numerous" requests from European countries wanting to sign supply contracts after the European Union )EU) proposed sanctions on Russian coal, the coal miner told Reuters on Thursday. The EU sanctions against Russia, imposed after the latter invaded... 

Mining capital project success can be secured by implementing digital platform – webinar

By: Simone Liedtke     7th April 2022 The success of mining projects largely depends on thousands of interconnected decisions made every day, at every level, across multiple organisations, thereby making them highly complex. As such, inefficiencies and risks can inevitably lead to additional project costs and delays that can grow... 

Combined pic of Deon Stassen, Lerato Mazibuko and Pieter Bouwer
(From left to right) Deon Stassen, Lerato Mazibuko and Pieter Bouwer

Bottlenecks hampering mining industry not the fault of the DMRE, Bayoglu believes

By: Darren Parker     7th April 2022 Significant bottlenecks in mining approval processes, which range from the awarding of prospecting rights to water-use licences and environmental authorisations, were hampering the development of the mining industry, mining investment firm Menar MD Vuslat Bayoglu told delegates attending the... 

Menar MD Vuslat Bayoglu
Menar MD Vuslat Bayoglu

Russian coal and oil paid for in yuan to start flowing to China

By: Bloomberg     7th April 2022 Russian coal and oil paid for in yuan is about to start flowing into China as the two countries try to maintain their energy trade in the face of growing international outrage over the invasion of Ukraine. Several Chinese firms used local currency to buy Russian coal in March, and the first... 

A photo of coal mining operations

Glencore Coal hands revamped municipal service centre to Klarinet community

By: Schalk Burger     6th April 2022 Coal miner Glencore Coal has handed over a revamped service centre office to the community of Klarinet, in eMalahleni, Mpumalanga. The Klarinet Municipal Pay Point Centre will be used as a functional rates and taxes municipal service facility for community members who have been unable to access... 

Glencore Coal community and regulatory affairs GM Noel Pillay and eMalahleni executive mayor Conny Nkalitshana
Glencore Coal community and regulatory affairs GM Noel Pillay and eMalahleni executive mayor Conny Nkalitshana

Bayoglu unconvinced the energy transition will benefit the majority

By: Darren Parker     6th April 2022 Mining investment group Menar MD Vuslat Bayoglu has expressed concern about job losses in the fossil fuel sector as State-owned Eskom proceeds with its just energy transition. “When we do the just transition, we’re talking about 90 000 jobs that will be lost,” he said during a discussion at the... 

Menar MD Vuslat Bayoglu
Menar MD Vuslat Bayoglu

Don't expect US miners to replace Russian coal in Europe

By: Bloomberg     5th April 2022 US coal miners including Peabody Energy are surging as the European Union proposes banning imports of the fuel from Russia. But it will be difficult, if not impossible, for them to fill the potential supply gap. The long-term prospects for the dirtiest fossil fuel are grim as concerns about... 

Don't expect US miners to replace Russian coal in Europe

Coal is not dead, Prevost insists

By: Darren Parker     5th April 2022 Coal consulting firm XMP Consulting senior coal analyst Xavier Prevost has stressed that coal is not “dead” and that South Africa’s coal resources remain abundant and can provide low-emitting, cost-effective, reliable and sustainable power well into the future with the correct technology. He... 

XMP Consulting senior coal analyst Xavier Prevost
XMP Consulting senior coal analyst Xavier Prevost

Green finance taxonomy to help investors make green project decisions – law firm 

By: Martin Creamer     5th April 2022 South Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official... 

Pictures supplied
Patrick Heron (left) and Joon Chong.

Countries must choose their own energy transition pathways, says WCA

By: Marleny Arnoldi     5th April 2022 The World Coal Association (WCA) says global events in recent months have highlighted the fragility of the new energy paradigm, reminding the world of the need to advance energy independence and security. Addressing the South African Colliery Managers Association on April 5, WCA CEO Michelle... 

Metals, new mine investment required now to support future energy transition 

By: Donna Slater     5th April 2022 Despite the significant energy intensity required to mine metals, the commodities are still “essential for the energy transition to succeed”, says BHP market analysis and economics VP Dr Huw McKay. He says that, although having a common goal of limiting global warming to below 2 °C of... 

BHP's Spence mine

EU to propose banning coal imports from Russia after atrocities

By: Bloomberg     5th April 2022 The European Union is planning to propose a mandatory phaseout on coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in Ukraine, according to people familiar with the matter. The action on coal would be added to a package of steps aimed at... 

Stewart blocks Fox Resources' coal plans

By: Esmarie Iannucci     5th April 2022 The Queensland government has blocked the development of unlisted Fox Resources’ Bundaberg coal project, saying it wasn’t in public interest. Resources Minister Scott Stewart on Thursday refused Fox Resources' application for a mineral development licence (MDL) to further their exploration for... 

US coal prices top $100/t for first time since 2008

By: Bloomberg     5th April 2022 US coal prices topped $100/t for the first time in 13 years as Russia’s war in Ukraine and the global energy crunch drive up demand for fossil fuels. Prices for coal from Central Appalachia surged 9% to $106.15/t last week, the highest since late 2008, according to government data released... 

US coal prices top $100/t for first time since 2008

US coal power to fall 45% by decade's end in shift from dirtiest fossil fuel

By: Bloomberg     5th April 2022 At least 45% of US coal power is set to disappear by the end of the decade, a figure that will likely rise as more utilities conclude their coal-fired plants no longer make financial sense to operate, according to the Institute for Energy Economics and Financial Analysis. Electricity producers... 

Indian state cancels Adani bids to supply imported coal

By: Reuters     4th April 2022 India's southern Andhra Pradesh has cancelled bids made for two separate tenders by India's Adani Enterprises to supply imported coal as the prices quoted were too high, two state government officials told Reuters. It is the first time in recent years that a major government tender for imported... 

Eskom’s just energy transition project pipeline investments to cost more than R180bn

By: Darren Parker     1st April 2022 Power utility Eskom has identified a pipeline of about 15 projects in support of it’s just energy transition (JET) strategy, but substantial financing of about R180-billion to R199-billion will be needed for the projects to be implemented, Eskom JET GM Mandy Rambharos has said. Speaking at the... 

Evraz scraps demerger of coal assets 

By: Reuters     1st April 2022 Evraz, the Russian steelmaker whose biggest shareholder is Roman Abramovich, will not proceed with the separation of its coal assets, it said on Friday, citing sanctions on the country following the Ukraine invasion. The London-listed company said the "unprecedented" sanctions against Russia... 

Eight killed as coal mine shaft in Serbia collapses - report

By: Reuters     1st April 2022 At least eight miners were killed and about 20 were injured on Friday when a shaft collapsed in a State-owned coal mine in southern Serbia, RTS state television reported. Rescuers were trying to determine how many miners were trapped in the shaft, the broadcaster said, quoting health authorities... 

New initiative to optimise cross-border transit

1st April 2022 Financial technology insurance consultancy Askari has concluded an agreement with Hollard Mozambique Insurance to launch its digital strategy, which targets cross-border trucking fleets. 

Energy company commits to education

1st April 2022 Everyone has a fundamental right to education. Education is able to arrest and reverse cycles of generational poverty and has proven to be a successful tool to uproot poverty.  

Detection system ensures safety on coal mines

By: Anna Moross     1st April 2022 The Drill Platform Detection system aims to assist that coal mine personnel on or around the drill platform are safe while the drill is in operation, says safety and monitoring solutions provider Monitech chief sales officer Nick Murray. 

An image of the Drill Platform Detection system implemented in a mine
DRILL PLATFORM DETECTION SYSTEM The system can be adapted to suit the application and the mine. Monitech collaborates with clients to find solutions to problems and resolve their challenges regarding safety

Bulks most affected by Russia-Ukraine conflict

1st April 2022 Trade dislocations owing to sanctions, high power prices and disruption to production facilities in the conflict zone are three major threats to the metals and mining industry as a result of escalating conflict between Russia and Ukraine. 

Company develops dust suppressants to assist miners

1st April 2022 Leading fine particle specialist Reynolds Soil Technologies (RST Solutions) is assisting mine site operators to comply with tougher workplace exposure standards for airborne contaminants. 

An image of spray and foaming systems above a conveyor carrying coal
DUST SUPPRESSION METHODS Dust suppression methods involve a surface-active agent added to water that is applied to the bulk material through spray or foaming systems to lift the dust extinction moisture levels

Growing uncertainty around local coal industry’s future

By: Anna Moross     1st April 2022 While the decision to phase out coal in the global economy has put a damper on the South African local coal industry, geological consultants Gemecs MD Nico Denner says all is not lost for the Southern Africa coal industry. 

An image of a seam of coal at a coal mine
DEAD END? A lot of uncertainty persists, with no clear direction on the road ahead, especially for junior and midtier coal mining companies, many of which are Gemecs clients

Gas will outpace coal – firm

1st April 2022 Over the next two decades we will see a significant growth in Africa’s oil and gas sector, with population growth, urbanisation and the emergence of a wealthier middle class in Africa driving demand.  

An image of drill site for hydrocarbons
NEW KID ON THE BLOCK Recent gas finds in South Africa and Mozambique could create a greater interest in oil and gas exploration within the Southern Africa region

Mining conference to highlight key coal research topics

By: Anna Moross     1st April 2022 Research institute Coaltech’s Colloquium – to be held on May 27, 2022, at the Ridge Hotel and Casino in Emalahleni, in Mpumalanga – will showcase the most recent research topics and projects that the institute has been pursuing. 

An image of one of the Coaltech materials handling research projects
COAL RESEARCH The colloquium presentations are all current research projects, and the completed project reports are accessible on the Coaltech website

White Paper on rail lauded as SA loses at least 1% of GDP to Transnet inefficiency  

By: Irma Venter     31st March 2022 The South African coal, chrome, iron-ore and manganese mining sectors lost between R39-billion and R50-billion in export earnings last year as Transnet struggled with capacity to rail bigger volumes of these commodities to ports, says economists.co.za chief economist Mike Schussler. “To put this... 

Image of a rail track

China's coal output set for moderate growth in 2022 -industry body

By: Reuters     30th March 2022 China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the country will need to consume more of the dirty fossil fuel to power its economic growth. The world's second-largest economy and its biggest coal... 

Contango's Zimbabwe coal project starts production

By: Chanel de Bruyn     30th March 2022 Production has started at London-listed natural resource development company Contango Holdings' Lubu coking coal project, in Zimbabwe. Production is under way on Block 2, which was selected given the high-quality coking coal found at that location and its proximity to surface. The company expects... 

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