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Coal

Whitehaven profits soar as prices recover
24th August 2023 By: Esmarie Iannucci

Despite a fall in production, coal miner Whitehaven Coal has reported a solid 2023 financial year, with revenues and profits increasing. The ASX-listed company has reported a 23% increase in... 


Image shows South32 CEO Graham Kerr
South32 swings to a loss
24th August 2023 By: Esmarie Iannucci

Diversified miner South32 has reported a 20% drop in revenue for the full year ended June, with the company swinging to a loss of $173-million following a non-cash impairment of $1.3-billion in... 


Railway infrastructure
Transnet revamps security as crime hobbles trains
23rd August 2023 By: Bloomberg

State-owned rail network operator Transnet has hired five private security companies in an effort to reduce chronic theft and vandalism of trains that disrupt its operations. Transnet said it was... 


Sasol CEO Fleetwood Grobler
Secunda refinery’s post-2030 output cut as Sasol struggles to pin down gas supply
23rd August 2023 By: Terence Creamer

Energy and chemicals group Sasol says it is continuing to assess several technology and feedstock solutions to bolster post-2030 liquid fuels and chemicals volumes at its Secunda refinery, in... 


Resources Watch
Resources Watch
23rd August 2023

This week: Marikana memorial lecture speakers issue call to rebuild; Decarbonisation is urgent imperative, says coal mining company Exxaro; and, Chrome ore star of Merafe’s half-year show 


Sasol Secunda
Sasol posts 13% rise in annual profit
23rd August 2023 By: Reuters

South African petrochemicals major Sasol posted a 13% rise in annual profit on Wednesday as better operations in the second half offset the impact of weaker crude prices. The company said its... 


A Thungela coal mine.
Coal miner opening nursery to support million trees, hatchery to restore killed fish
22nd August 2023 By: Martin Creamer

Thermal coal mining company Thungela will next month open a nursery to support the planting of a million trees and has already commissioned a hatchery to breed fish for reintroduction into the... 


Thungela CEO July Ndlovu.
Best-of-breed rail model needed for critical national infrastructure, says Thungela
22nd August 2023 By: Martin Creamer

Once short-term and medium-term rail restoration has been achieved, a best-of-breed approach should be adopted to put South Africa on a competitive logistics path, says thermal coal exporter... 


Image shows coal stackers
Queensland threatens to cancel BHP mining leases
22nd August 2023 By: Esmarie Iannucci

Queensland Treasurer Cameron Dick has escalated the fight with diversified major BHP, warning that the miner’s current leases at its Queensland mines could be cancelled, if they were being... 


The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 


Wescoal Mining's Khanyisa Colliery
Salungano applies to put subsidiary into business rescue, as contractor seeks its liquidation
21st August 2023 By: Creamer Media Reporter

JSE-listed Salungano Group's share price fell by more than 9% on Monday afternoon after announcing that a wholly-owned subsidiary company Wescoal Mining, which comprises the Khanyisa and... 


China's July Australian coal imports hit 3-yr peak on healthy margins
21st August 2023 By: Reuters

Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal. Beijing imposed a variety of... 


Thungela CEO July Ndlovu.
Thungela: R1.4bn dividend, R2.4bn shaft capex, R156m to employees, community
21st August 2023 By: Martin Creamer

To navigate the considerably softer coal prices, as well as inflationary pressures and the underperformance of Transnet Freight Rail, export coal-mining company Thungela has enhanced its business... 


Renewable energy and fossil fuel power infrastructure
TIPS sets out to create a South Africa-focused Just Transition Transaction Framework
21st August 2023 By: Darren Parker

Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched research on a proposed Just Transition Transaction Framework. During a webinar on... 


Mineral Resources and Energy Minister Gwede Mantashe
Brics energy ministers agree to cooperate to improve access, reduce emissions
18th August 2023 By: Terence Creamer

Energy Ministers and officials from the Brics bloc met in Sandton on Friday to discuss potential areas of collaboration for improving access to secure and affordable energy, while transitioning to... 


South32 Appin mine's supervisors to continue strike
18th August 2023 By: Reuters

 Mining supervisors at Australia's South32's Appin coal mine will continue their strike as they failed to reach an agreement with the management over leave provisions and remuneration, the company... 


Transnet Portia Derby
Transnet CEO fears major job losses in trucking industry after road demand fades
17th August 2023 By: Bloomberg

South Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead to catastrophic job losses in the road transport sector when factors ease, according... 


Exxaro Resources CEO Dr Nombasa Tsengwa.
Decarbonisation is urgent imperative, says coal mining company Exxaro
17th August 2023 By: Martin Creamer

Decarbonisation of coal mining company Exxaro’s operations and entire value chain is an urgent imperative to reduce carbon dioxide emissions, which will result in the additional benefits of... 


India’s JSW weighs majority stake in Teck coal unit
India’s JSW weighs majority stake in Teck coal unit
17th August 2023 By: Bloomberg

JSW Steel is looking to form a consortium to bid for a majority stake in Teck Resources’ steelmaking coal business, people with knowledge of the matter said, potentially rivalling an $8-billion... 


A lack of investment in coal mining globally has raised concerns for coal supply going forward. This, coupled with high demand, could result in supply constraints and high prices
Coal crucial for alleviating poverty and loadshedding
17th August 2023 By: Cameron Mackay

Despite the negative impacts that coal-fired power stations have on the environment and local populations, localized energy solutions developer NET Energy owner Mike Blenkinsop has stressed that... 


Dartbrook restart within reach
Dartbrook restart within reach
17th August 2023 By: Esmarie Iannucci

The restart of the Dartbrook underground coal mine, in New South Wales, is a step closer to reality with Australian Pacific Coal (AQC) announcing it had received a non-binding letter of intent... 


Teck and Norden team up to reduce freight emissions
17th August 2023 By: Creamer Media Reporter

Canadian miner Teck Resources has entered into an agreement with shipping group Norden to reduce carbon dioxide (CO2) emissions in its steelmaking coal supply chain. The agreement is expected to... 


Exxaro's Cennergi wind turbine.
Exxaro renewables business up in half-year coal earnings downer
17th August 2023 By: Martin Creamer

The half-year revenue contribution from the energy business of Exxaro Resources was 17% higher than in the first half of last year, with energy generation from the Cennergi wind assets driven up by... 


A coal colliery in South Africa
BHP, South32 may face South Africa class action on lung disease
16th August 2023 By: Bloomberg

BHP Group, South32 and a unit of Seriti Resources Holdings may face a class action from coal miners with lung disease in South Africa who worked at the companies’ operations over the last six... 


Menar MD Vuslat Bayoglu
Coal still has role to play despite naysayers, Menar MD tells conference
15th August 2023 By: Cameron Mackay

Resources investment company Menar MD Vuslat Bayoglu has emphasised that South Africa is on the precipice of a significant industrial revolution. Fuelling this revolution, however, will require a... 


A Sasol sign at its Secunda operations
Sasol to report lower Ebitda, despite operational improvement in H2
14th August 2023 By: Schalk Burger

JSE-listed energy and chemicals multinational Sasol says it expects to report a 2% to 16% year-on-year decrease in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda)... 


Income from Exxaro’s equity-accounted investments at Sishen Iron Ore Company and Mafube Coal were negatively impacted by lower prices
Exxaro to report up to 37% fall in interim earnings
14th August 2023 By: Cameron Mackay

Diversified resources company Exxaro Resources has warned of a 23% to 37% year-on-year decrease in earnings for the six months ended June 30 on the back of lower coal sales, prices and volumes and... 


Women making a home in Qld resources sector
14th August 2023

The number of women starting an apprenticeship or traineeship in Queensland’s resources sector had tripled over the past ten years. The figures from Queensland’s Department of Employment, Small... 


Image shows the Illawara coal operations
Appin production not impacted by strike - South32
14th August 2023 By: Esmarie Iannucci

Diversified miner South32 was not expecting industrial action at its Appin mine, in New South Wales, to impact production. Members of Collieries Staff and Officials Association at the Appin mine... 


The Atlantis OCGT plant
With R9.2bn spent since April, govt insists Eskom is not exceeding diesel budget
13th August 2023 By: Terence Creamer

Government reports that Eskom has spent R9.2-billion on diesel since the start of the State-owned utility’s financial year on April 1, which it claims to be marginally below an initial budget for... 


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Sector News

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Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds today supplies steel and tube, pipe and fittings, valves, pumps, irrigation, fencing, profiling and roofing products. The cash...

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AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

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Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

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SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

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