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MOZAMBIQUE POTENTIAL
Mozambique continues to attract international interest and aims to bolster its position as a key mining hub in Southern Africa
Long-term unlocking of vast resources potential gaining ground
7th June 2024 By: Simone Liedtke

Mozambique’s mining industry has been a significant driver of economic growth over the past two decades. With vast mineral resources, including heavy sands, coal, magnetite, graphite, lithium, gold... 


LARA SMITH
Mozambique’s recent surge in mining activity is largely owing to the discovery of new natural resources
Mining sector shows significant growth trajectory in Africa – consultancy
7th June 2024

Underscoring Mozambique’s significant mining sector growth is President Filipe Nyuse’s affirmation, through a statement, that Mozambique’s extractive industry amassed revenue exceeding... 


Eskom CEO Dan Marokane
Marokane says R285m spent on diesel in May compared with R2.8bn in May 2023
6th June 2024 By: Terence Creamer

Eskom CEO Dan Marokane has rebuffed persistent suggestions that the utility is keeping loadshedding at bay owing to an “excessive” reliance on the diesel-fuelled open cycle gas turbines, reporting... 


A wind turbine and a fossil fuel-powered plant
Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels
6th June 2024 By: Bloomberg

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the... 


A farm in South Africa
GDP decreased by 0.1% in the first quarter
4th June 2024 By: Creamer Media Reporter

South Africa’s GDP decreased by 0.1% in the first quarter of this year, Statistics South Africa reports. The manufacturing industry decreased by 1.4% in the first quarter, contributing -0.2 of a... 


Miner dies in Virginia coal mine accident
Miner dies in Virginia coal mine accident
3rd June 2024 By: Mariaan Webb

Metallurgical coal producer Coronado Global Resources halted production at the Buchanan underground complex in Virginia, US, on Friday evening, after a 27-year old miner lost his life when a loose... 


The above image depicts a truck that makes use of the JustWeighs system that provides coal producers with the ability to tract tonnages from pit to plant without the use of manual weighbridge slips
AI weighbridge solutions combat coal corruption
31st May 2024 By: Lynne Davies

Weighbridge automation solutions provider JustWeighs recently developed and launched its new AI and surveillance equipment to combat coal transportation corruption and illicit trading. The company... 


The above image depicts the WX07 LHD which has been engineered for demanding underground environments and designed for small, narrow-vein applications with limited manoevering space
New LHD engineered for hard-rock mining
31st May 2024

In an environment where cost control and remaining competitive and financially viable are constant challenges for operators of underground hard rock mines, mobile machinery manufacturer Komatsu... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


Glencore CEO Gary Nagle
Glencore to consult investors on coal spinoff after Teck deal
29th May 2024 By: Bloomberg

Glencore will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources’ mines closes later this year. Crucially, Glencore said that should... 


Anglo American's head office in South Africa
BHP, Anglo dig in even as takeover talks deadline nears, sources say
28th May 2024 By: Reuters

BHP was struggling to find common ground with Anglo American on Tuesday in talks over its takeover offer, with no new concessions as a deadline nears for the world's biggest miner to submit a... 


Europe’s biggest pension fund sells €10bn in fossil fuels
28th May 2024 By: Bloomberg

Europe’s biggest pension fund, Stichting Pensioenfonds ABP, has exited all liquid assets in oil, gas and coal worth about €10-billion, in an effort to be greener. The last shares and bonds owned... 


BlueScope waives Illawarra pre-emptive rights
BlueScope waives Illawarra pre-emptive rights
28th May 2024 By: Creamer Media Reporter

The sale of the Illawarra metallurgical business to an entity owned by Singapore’s Golden Energy and Resources and coal trader M Resources remains on track to be completed in the first half of the... 


PCC executive director Dr Crispian Olver
Delayed coal decommissioning won’t ‘collapse our climate commitments’
27th May 2024 By: Terence Creamer

The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations... 


A truck delivering coal to a power station
Uncertainty over coal jobs ahead of South Africa elections
27th May 2024 By: Reuters

Growing up surrounded by the towering smokestacks of coal-fired power stations, 22-year-old Siya Mokoena's life is inextricably linked to the coal industry that dominates his hometown of Emalahleni... 


Lack of funding remains a big concern for coal juniors
24th May 2024 By: Sabrina Jardim

Amid challenging market conditions, junior coal miners in Africa face challenges in securing funding, with about 70% experiencing constraints in exploration and production owing to insufficient... 


MC Mining acknowledges Goldway’s plans to buy all outstanding shares
24th May 2024 By: Darren Parker

ASX-, JSE- and Aim-listed MC Mining has acknowledged the announcement made on May 22 by investment firm Goldway Capital Investment regarding an offer to compulsorily buy out certain ordinary shares... 


An image of the Masama Coal Mine at sunset
Operations resume at coal mine
24th May 2024 By: Nadine Ramdass

Coal mining and trading company Minergy Coal has resumed production at its Masama coal mine, in the Mmamabula West coalfield of southern Botswana, after successfully entering a mining contract with... 


Pakistan coal miners face expansion issue as China stops funding
Pakistan coal miners face expansion issue as China stops funding
23rd May 2024 By: Bloomberg

Chinese and other major lenders are increasingly reluctant to invest in Pakistan’s expansion of coal mines, according to the head of a local producer. “The real challenge for us is financing,”... 


Hugo Pienaar.
Green hydrogen must be allowed to decarbonise optimally, Junior Indaba hears
23rd May 2024 By: Martin Creamer

Green hydrogen must be made cheap enough to decarbonise optimally at a time when the delay in emission reduction needs to be reversed if the world is to hit net zero by 2050. A range of factors... 


The Eraring power station will remain open until August 2027
Eraring coal plant closure delayed by two years
23rd May 2024 By: Bloomberg

Origin Energy will delay the closure of Australia’s largest coal-fired power station amid concerns renewable energy isn’t being added fast enough to keep pace with plans to quit fossil fuels. The... 


Coal being transported to port by rail
Junior coal miners bemoan logistics as single-biggest challenge to their survival
22nd May 2024 By: Marleny Arnoldi

Logistics inefficiencies in South Africa are the single-biggest reason why junior mining companies are likely to fail, said midtier coal producer Ndalamo Resources. Ndalamo CEO Shammy Luvhengo... 


Chinese coal group cuts 2024 output forecast
22nd May 2024 By: Reuters

The deputy chairman of the China Coal Transportation and Distribution Association (CCTD) told a seminar on Wednesday that annual output growth would be in a range of -1% to 1% this year, having... 


Sasol chairperson Stephen Westwell
Westwell to retire as Sasol chairperson
22nd May 2024 By: Creamer Media Reporter

Stephen Westwell will, on June 1, retire as nonexectutive director and chairperson of chemicals and energy group Sasol, after having served on the board for 12 years. Lead independent director... 


Eskom group executive for distribution Monde Bala
Eskom seeks Nersa permission to reserve grid capacity for public IPP procurement rounds
21st May 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has invited comment on Eskom’s application to preserve and reserve grid connection capacity for independent power producers (IPPs)... 


Consol Energy resumes shipments from marine terminal in Baltimore
21st May 2024 By: Reuters

Coal producer Consol Energy said on Tuesday shipments to international markets have resumed from its marine terminal in Baltimore. Coal exports from the busy US port of Baltimore were disrupted in... 


Menar MD Vuslat Bayoğlu
Menar advancing on the manganese front
21st May 2024 By: Martin Creamer

Private investment company Menar, which is advancing steadily on the manganese front, has anthracite, coal, nickel, and gold in its diversified multi-country portfolio. The company's... 


Haul trucks in operation at a West African mine
Use resources to diversify African economies, unlock sustainable growth
21st May 2024 By: Schalk Burger

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal... 


US proposes end to federal coal leasing in Wyoming Powder River Basin
US proposes end to federal coal leasing in Wyoming Powder River Basin
21st May 2024 By: Reuters

The Biden administration on Thursday proposed an end to future coal leasing on federal lands in Montana and Wyoming's Powder River Basin, the nation's most productive coal-producing region, in part... 


The Port of Durban
Reserve Bank warns carbon taxes may cut exports by 10%
21st May 2024 By: Bloomberg

South African economic growth could be severely stunted if carbon taxes are widely imposed on its exports, according to a new report by the country’s central bank. The South African Reserve Bank... 


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VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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