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Timeline for inaugural IEP announced as govt sets year-end target for updated IRP
Timeline for inaugural IEP announced as govt sets year-end target for updated IRP
23rd August 2024 By: Terence Creamer

The South African government aims to Gazette an update to the Integrated Resource Plan (IRP) for electricity before the end of the 2024 calendar year and finalise South Africa’s inaugural... 


Briton must face South African Eskom bribery charges, court says
23rd August 2024 By: Bloomberg

A British national wanted in South Africa over allegations of bribes paid in a deal struck with state-owned power utility Eskom Holdings lost a bid to block his extradition. A London judge... 


Queensland halts Byerwen mine’s heavy trucks after second fatality in a month
Queensland halts Byerwen mine’s heavy trucks after second fatality in a month
23rd August 2024 By: Mariaan Webb

Queensland’s mining regulator has issued a director suspending the use of all heavy vehicles at the Byerwen coal mine after Thursday’s fatal accident. According to the Mining and Energy Union... 


Minister in the Presidency Khumbudzo Ntshavheni
Cabinet committee probing ways to moderate fuel prices set to turn attention to electricity hikes next
22nd August 2024 By: Terence Creamer

Minister in the Presidency Khumbudzo Ntshavheni reports that the Cabinet committee set up to consider interventions to moderate fuel price increases is likely to turn its attention to electricity... 


Whitehaven sells 30% of Blackwater coal mine for $1.08bn
Whitehaven sells 30% of Blackwater coal mine for $1.08bn
22nd August 2024 By: Mariaan Webb

Australia’s Whitehaven Coal on Thursday announced the sale of a 30% stake in the Blackwater metallurgical coal mine, near Emerald in Queensland, for $1.08-billion in cash. The ASX-listed company... 


Peabody rises after Thomist takes stake, suggests buybacks
Peabody rises after Thomist takes stake, suggests buybacks
22nd August 2024 By: Bloomberg

Peabody Energy rose more than 7% after Thomist Capital Management disclosed a 9.96% stake and urged the coal miner to buy back shares. Thomist suggested to Peabody management that the company... 


Arch merges with Consol to create a coal-export powerhouse
Arch merges with Consol to create a coal-export powerhouse
22nd August 2024 By: Bloomberg

US coal producer Arch Resources Inc. agreed to merge with rival Consol Energy in a $2.3-billion deal aimed at creating a North American mining heavyweight to deliver the fuel around the world. The... 


Resources Watch
Resources Watch
21st August 2024

This week: Africa delivers ‘usual reliable performance’ with steady output, lower costs; Merafe reports R720m half-year profit on higher chrome ore prices, weaker currency and, Exxaro expecting... 


Coal stockpiles at a mine in Virginia in the US
Coal miner Arch Resources is said to be in talks to merge with Consol
21st August 2024 By: Bloomberg

Arch Resources is nearing an agreement to merge with Consol Energy in a combination that would create a $5-billion coal mining company, according to people familiar with the matter. An agreement... 


Sasol CEO Simon Baloyi
Sasol extends gas supply plateau to June 2027 but only as ‘bridge’ to LNG imports
20th August 2024 By: Terence Creamer

Energy and chemicals group Sasol has confirmed a yearlong extension, to June 2027, in its gas supply from southern Mozambique to South African industrial customers, which have been warning of a... 


Coal-rich Indian state to pass mining tax after court ruling
20th August 2024 By: Bloomberg

The Indian state of Jharkhand has passed a bill imposing mining taxes, according to people familiar with the matter, a move that’s set to inflate the prices of minerals from coal to bauxite. The... 


Menar MD Vuslat Bayoglu.
Menar envisages reviving Metalloys smelter, selling beneficiated manganese to world
20th August 2024 By: Martin Creamer

Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting  beneficiated manganese to the world. “It’s an exciting... 


Coal stockpiles at Rukwa project
Shuka unable to immediately draw down funds from AUO
20th August 2024 By: Marleny Arnoldi

Aim-listed Shuka Minerals, which operates the Rukwa coal project in Tanzania, has asked to draw down £500 000 for general working capital purposes from a £2-million convertible note instrument with... 


Sasol's Secunda plant
Sasol profit plunges 66% on weak chemical prices, skips final dividend
20th August 2024 By: Reuters

South African petrochemicals company Sasol reported a 66% fall in full-year profit on Tuesday, mainly due to weaker chemical prices, and skipped a final dividend. Headline earnings, which strip out... 


Initial bids for Anglo's Australian coal mines next month, sources say
Initial bids for Anglo's Australian coal mines next month, sources say
20th August 2024 By: Reuters

First-round bids for Anglo American's Australian metallurgical coal mines are due by September 9, two sources said on Tuesday, as CEO Duncan Wanblad takes initial steps to simplify the company... 


Thungela CEO July Ndlovu
Thungela’s underwhelming interim results attributed to coal price dips, rail inefficiencies
19th August 2024 By: Darren Parker

Coal producer Thungela has blamed an unfavourable price environment across the Richards Bay and Newcastle Benchmark coal prices, together with the continued underperformance by State-owned Transnet... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


Whitehaven Coal to cut 192 jobs at mines purchased from BHP
Whitehaven Coal to cut 192 jobs at mines purchased from BHP
16th August 2024 By: Reuters

Australia's Whitehaven will cut 192 jobs at the Daunia and Blackwater coking coal mines it took over from global miner BHP Group, its spokesperson told Reuters on Friday, adding to a slew of roles... 


The Gugulethu mine where the new Liso Programme is being implemented
Group embraces tech to streamline operations
16th August 2024 By: Halima Frost

The Liso Programme – a power business intelligence (BI) application of diversified minerals and energy company Menar – has positively impacted its operations, says chief innovation officer Cleavon... 


A new ell B40E Autonomous articulated dump truck at the Hillhead event dumping sand
Autonomous trucks spotlighted at UK demo
16th August 2024 By: Halima Frost

South African earthmoving equipment manufacturer and supplier Bell Equipment used this year’s Hillhead 2024 exhibition, held in June at the Hillhead Quarry in Buxton, UK, as a platform to showcase... 


Transnet freight train
Transnet’s recovery plan lacks the ambition needed for higher growth, government and business warn
15th August 2024 By: Terence Creamer

Government and business are urging Transnet to show greater ambition in its plans to recover freight volumes, describing the current recovery plan as falling well short of what is required to... 


China's thermal power generation falls for third month in July despite record heat
15th August 2024 By: Reuters

 China's thermal power generation in July fell from a year earlier for a third month even though the country recorded its hottest month in recent history, sending power use rising, statistics... 


Exxaro CEO Nombasa Tsengwa.
Exxaro declares interim dividend on higher revenue, lower profit
15th August 2024 By: Martin Creamer

Mining and renewable energy company Exxaro Resources has declared an interim dividend in reporting its interim results for the six months to June 30. Half-year revenue of the Johannesburg Stock... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
14th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


Energy Council of South Africa CEO James Mackay
‘Necom 2.0’ to focus on system-wide constraints to electricity security and affordability
14th August 2024 By: Terence Creamer

Amid waning loadshedding, government and business have agreed to begin “repurposing” the National Energy Crisis Committee (Necom) to shift focus from interventions aimed at arresting the... 


South Africa's mining production decreased by 3.5% y/y in June
13th August 2024 By: Creamer Media Reporter

South Africa's mining production decreased by 3.5% year-on-year in June, with gold, platinum group metals (PGMs), coal and "other" metallic minerals having made the biggest negative contributions.... 


Sasol's Secunda plant
Sasol appoints new CFO
13th August 2024 By: Creamer Media Reporter

Chemicals and energy company Sasol has appointed Walt Bruns to succeed Hanré Rossouw as CFO, with effective from September 1. Bruns, who is currently CFO of Sasol Southern Africa, has been with the... 


Coal being transported on TFR's coal rail line
South Africa's coal export line will need five years to refurbish
13th August 2024 By: Bloomberg

South Africa’s State-owned rail company needs $669-million and five years to upgrade equipment to revive performance of its main export coal line, according to an internal report. Coal shipments... 


An image of Zululand Anthracite Colliery (ZAC) production manager Mmakeng Tabane
Leader hopeful of setting precedent
9th August 2024 By: Nadine Ramdass

As the production manager at high-grade anthracite producer Zululand Anthracite Colliery (ZAC), Mmakeng Tabane aims to “break barriers” in the traditionally male-dominated mining industry while... 


Exxaro warns of lower interim earnings
8th August 2024 By: Sabrina Jardim

Diversified mining company Exxaro says it expects its headline earnings per share (HEPS) for the six-month period ended June 30 to be between 31% and 45% lower than that reported for the six-month... 


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Menar awaits Competition approval for re-start of major ferromanganese facility
Resources Watch
4th December 2024

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