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Coal News

China to phase out coal power around 2050

By: Bloomberg     28th September 2020 One of China’s top climate research institutes says the country will phase out coal power around 2050 on its path toward meeting President Xi Jinping’s new climate targets. Carbon emissions will peak sometime between 2025 and 2030, and total energy demand will start to decline around 2035,... 

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa  

By: Terence Creamer     28th September 2020 President Cyril Ramaphosa says the Gazetting of a Ministerial determination enabling the development of more than 11 800 MW of new electricity capacity by independent power producers signals government’s intention to move ahead with one of the key reforms needed to unlock growth and investment in... 

IPP procurement a signal that growth-enhancing reform is moving ahead – Ramaphosa
Photo by Creamer Media
President Cyril Ramaphosa

Australia trims resources revenue outlook on weaker coal, LNG exports

By: Reuters     28th September 2020 Australia has pared its forecasts for mining and energy export revenue this year, as liquefied natural gas (LNG) and metallurgical coal earnings are forecast to be slightly weaker than earlier expected. Total earnings from mining and energy exports are forecast to fall 12% in the year to June... 

DMRE confirms Eskom as buyer of renewable energy under REIPPPP Bid Window 5 

By: Marleny Arnoldi     25th September 2020 Mineral Resources and Energy Minister Gwede Mantashe on September 25 gazetted a Section 34 Determination to procure energy from independent power producers. This paves the way for Bid Window 5 of the Renewable Energy Independent Power Producer Procurement Programme.  

DMRE confirms Eskom as buyer of renewable energy under REIPPPP Bid Window 5

Minergy achieves milestones despite Covid-19 impact

By: Tasneem Bulbulia     25th September 2020 Coal mining and trading company Minergy recorded considerable achievements and milestones during the financial year ended June 30, despite a significant part of the year being impacted by Covid-19. “Despite border restrictions between South Africa and Botswana (a minimum of 15 weeks), Minergy, in... 

Minergy achieves milestones despite Covid-19 impact
Morné du Plessis

Thiess wins contract extension at Mt Owen

By: Esmarie Iannucci     25th September 2020 Diversified miner Glencore has awarded mining services provider Thiess with a contract extension to provide mining services at the Mount Owen coal mine, in the Hunter Valley. The 18-month contract extension will generate revenue of A$340-million to Thiess, and would see the company continue to... 

Poland nears accord to close its coal mines

By: Bloomberg     25th September 2020 Poland may finally be on the path to set the end-date for its unprofitable coal industry as an agreement with mining unions is within sight. Both the government and the unions said they are are ready to adopt the German model for coal-industry restructuring, which would require drafting the... 

Poland nears accord to close its coal mines

Worley assists surface miners’ transition to underground operations

25th September 2020 As openpit mines reach their economic end of life, mine owners are considering the viability of transitioning their opencast mining operations to underground, says global engineering firm Worley. Using its deep-level mining expertise in South Africa, Worley assists mine owners around the world in... 

Worley assists surface miners’ transition to underground operations
ROBERT HULL Worley's South African operation is recognised for its deep-level shaft experience, and has experience across most commodities

Online format expands global presence of Joburg Indaba

By: Cameron Mackay     25th September 2020 Owing to the impact of Covid-19 and the subsequent physical distancing regulations, yearly mining conference the Joburg Indaba will be hosted as an online discussion on October 7 and 8. Event organisers Resources 4 Africa CEO Paula Munsie states that this will enable industry players, who were... 

Online format expands global presence of Joburg Indaba
MAKING UP LOST GROUND Many of the Joburg Indaba’s presentations, panels and discussions will focus on how the mining industry can be revitalised after the Covid-19

Buffalo Coal subsidiary granted 30-year mining right

By: Creamer Media Reporter      23rd September 2020 TSX-V- and AltX-listed Buffalo Coal's 70%-owned subsidiary, Zinoju Coal, has been granted a 30-year mining right to mine coal primarily from the Aviemore North Adit reserves, in Dundee, in South Africa's KwaZulu-Natal province. Zinoju holds a 100% interest in the Aviemore anthracite mine. 

Ten lessons to guide South Africa’s ‘just transition’ from coal to renewables 

By: Terence Creamer     23rd September 2020 A new study, which outlines global best practices for just-transition journeys, includes ten lessons for South Africa to consider as the country prepares to navigate what it hopes will be a just transition, over the coming decades, from an electricity sector based on coal to one based... 

Ten lessons to guide South Africa’s ‘just transition’ from coal to renewables

China wants to be carbon neutral by 2060. Is that possible?

By: Bloomberg     23rd September 2020 President Xi Jinping’s surprise announcement that China plans to go carbon-neutral by 2060 has left many questions, none more important than: “How?” China is the world’s largest energy user and greenhouse gas emitter, mines and burns half the world’s coal, and is the top importer of oil and... 

China wants to be carbon neutral by 2060. Is that possible?
Photovoltaic panels at the Golmud Solar Park in Qinghai province, China.

Nersa says Eskom must be buyer of IPP power arising from new determination 

By: Terence Creamer     22nd September 2020 The National Energy Regulator of South Africa (Nersa) says that Eskom should remain the buyer of the electricity produced by independent power producers (IPPs) and procured by the Department of Mineral Resources and Energy (DMRE) in line with a new Section 34 Ministerial determination for 11 813... 

Nersa says Eskom must be buyer of IPP power arising from new determination

Another 175 redundancies at New Acland

By: Mariaan Webb     22nd September 2020 Coal miner New Hope has announced that another 175 people are to be made redundant at its New Acland coal mine, as it continues to wait for final approvals to expand the Queensland mine. The company last month announced 23 redundancies at the corporate office and the Brisbane port facility. 

Weekly Coal Index Report

By: Creamer Media Reporter      22nd September 2020 The energy complex had a mixed week, with oil prices recovering and natural gas and emissions prices mixed. Australian coal prices have been catching up to SA prices as Chinese domestic coal prices (based on the Bohai-Rim Steam-Coal Price Index) have proved more robust, with several mines... 

Weekly Coal Index Report

Nersa to learn next week if tariff-raising Eskom judgment can be appealed 

By: Terence Creamer     18th September 2020 High Court Judge Fayeeza Kathree-Setiloane will decide next week whether to grant the National Energy Regulator of South Africa leave to appeal her July 28 judgment, which found the regulator’s decision to deduct a R69-billion equity injection into Eskom from its allowable revenue for the period... 

Nersa to learn next week if tariff-raising Eskom judgment can be appealed

Carmichael delivers on jobs

By: Esmarie Iannucci     18th September 2020 The Carmichael coal mine, in Queensland, is on track to produce its first coal in 2021, with Indian major Adani revealing that employment numbers at the project have reached more than 1 500. Adani Mining CEO David Boshoff said the Covid-19 recession meant Adani’s investment was needed more than... 

Coal giant empowers through education

18th September 2020 In 2019, JSE-listed diversified miner Exxaro invested a total of R224-million in job-related bursaries and scholarships.  As a company that has “empowerment at its core”, Exxaro’s purpose, values and investment are geared toward youth development with the aim of nurturing future leaders. 

Coal giant empowers through education
EMPLOYEE EMPOWERMENT Exxaro strives too empower its workers through education opportunities

Coal remains dominant despite Paris Agreement

By: Halima Frost     18th September 2020 Coal still remains the biggest source of power generation globally, despite the omnipresent notion of a coal-free world, driven by the 2015 Paris Agreement, according to petrochemicals company BP’s ‘Statistical Review of World Energy’ report, released in June.   While the report highlights the... 

Coal remains  dominant despite Paris Agreement
NOT GREEN YET Although pressures to eliminate coal fired power stations remain strong coal still powers the majority of the world

New rig offers autonomous capabilities on smaller blast holes

By: Halima Frost     18th September 2020 Construction engineering company Basil Read Mining has launched a new autonomous drill that could offer an increase of about 30% in productivity, compared to manual drilling, contracts director Nqobile Khumalo tells Mining Weekly. The first C650 drill is to be delivered to a mine in Botswana... 

New rig offers autonomous capabilities on smaller blast holes
NQOBILE KHUMALO the automated C650 offers two distinct benefits when drilling coal deposits

New software offers greater continuous-miner business support

By: Halima Frost     18th September 2020 Mining equipment manufacturer Eickhoff South Africa has introduced new software packages, which help clients to manage and analyse continuous miners’ key performance indicators (KPIs). Some of these KPIs include data pertaining to shift advances, first coal, last coal, shuttle car counts and... 

New software offers greater continuous-miner business support
KEEPING TRACK Being able to track key performance indicators allows for optimal operation and output

Coal can reignite SA economy

18th September 2020 The Covid-19 pandemic has had a devastating impact on the South African economy, which already had record high unemployment prior to the pandemic; however, the coal-mining sector, could aid the revival of the economy, investment company Menar MD Vuslat Bayoglu stated last month. He was speaking... 

Coal can reignite  SA economy
CANYON OF COAL The Phalanndwa mine is part of Canyon Coal's operations which is a subsidiary of Menar

Banks reluctant to fund coal in Africa

18th September 2020 Despite huge advances in clean coal technologies, an abundance of coal in the South African Development Community (SADC) region and Southern Africa’s vast energy needs, most of South Africa’s major banks, in step with those in the developed West, are assessing their willingness to fund future... 

Banks reluctant to  fund coal in Africa
AUBREY CHAUKE It is a credit to both inclusion and transformation that today 53 fully-operational coal mines exist outside the mining majors in South Africa

WCA considers post-Covid-19 trials

18th September 2020 The World Coal Association (WCA), having recognised the challenges in developing recovery pathways post Covid-19, welcomed the emphasis in the International Energy Agency’s (IEA’s) ‘Special Report on Sustainable Recovery’, which looks at boosting economic growth, creating new jobs, and building... 

WCA considers post-Covid-19 trials
JULY NDLOVU & MICHELLE MANOOK Coal has been an essential resource for multiple economies throughout the Covid-19 pandemic

Study demonstrates longwall viability for Sasol 

By: Halima Frost     18th September 2020 Despite the challenges wrought by lockdown restrictions, mining and engineering consulting firm Mindset Mining Consultants has successfully completed a comprehensive longwall mining feasibility study for chemicals and energy company Sasol Mining. Sasol Mining sought ways of optimising its coal... 

Study demonstrates longwall viability for Sasol
Mindset Mining Consultants MD Alan Gissing and senior mining engineer Ronnie van Eeden discuss a recently completed longwall mining feasibility study conducted for energy and chemicals company Sasol. Camerawork: Darlene Creamer. Editing: Darlene Creamer. Recorded: 30.07.2020

New continuous miner to launch in 2021 

By: Halima Frost     18th September 2020 Manufacturing of the JAE 38 Wildcub continuous miner – mining equipment and services provider JA Engineering’s newest offering – has started and will be delivered at the end of January 2021. The mid-seam continuous miner will be optimally suited to the “harsh and hard” mid-seam conditions... 

New continuous miner  to launch in 2021
JA Engineering CEO Danie van Wyk and the sales and marketing director Reuben Mabunda discuss the production of a new continuous miner, as well as the new JAE Data Mining Services app. Camerawork: Kutlwano Matala. Editing: Nicholas Boyd. Recorded: 21.08.2020

IPP Office says next renewables bid window by end Jan ‘latest’, but possibly before year-end 

By: Terence Creamer     17th September 2020 The head of South Africa’s Independent Power Producer (IPP) Office, which performs the IPP procurement function on behalf of the Department of Mineral Resources and Energy (DMRE), says discussions are under way with the department to finalise the roll-out plan for the Section 34 determination... 

IPP Office says next renewables bid window by end Jan ‘latest’, but possibly before year-end

Kibo settles convertible loan note, raises £1.45-million

By: Tasneem Bulbulia     17th September 2020 Coal and energy company Kibo Energy has settled all outstanding amounts due under the convertible loan note (CLN) announced on June 25, and has reached agreement with the holders of the CLN to terminate the CLN with immediate effect. Moreover, the company has undertaken a successful placing to... 

Mayur increases PNG coal resource

By: Esmarie Iannucci     15th September 2020 ASX-listed Mayur Resources has increased the inferred Joint Ore Reserves Committee-compliant resource at its Depot Creek coal project, in Papua New Guinea. The company on Tuesday announced that the inferred resource was now estimated at 12.8-million tonnes, up from the previous estimate of... 

DMRE targeting December for initiation of fifth renewables bid window 

By: Terence Creamer     14th September 2020 The Department of Mineral Resources and Energy (DMRE) has clarified that it is aiming to release bid documentation for the so-called fifth bid window (BW5) of South Africa’s renewable-energy procurement programme in December, following receipt of the regulator’s concurrence with a Ministerial... 

DMRE targeting December for initiation of fifth renewables bid window

Weekly Coal Index Report

14th September 2020 Weaker capesize freight rates helped FOB prices edge higher, whilst pressuring delivered markets. Firmer power and gas prices also helped strengthen physical bids for Dec-20 tonnes, with the back end of the curve steepening as prompt prices remain lifeless. Colombian coal supply from Cerrejon... 

Weekly Coal Index Report

Colombia coal output nearly halved in second quarter

By: Reuters     14th September 2020 Coal production in Colombia, the world's fifth-largest coal exporter, fell by 48.8% in the second quarter because of coronavirus quarantine measures and low international prices, the government said on Friday. The South American country produced 9.7-million tonnes of the fuel between April and... 

Maynier urges urgent Gazetting of determination for new power projects 

By: Terence Creamer     11th September 2020 The Western Cape government has urged Mineral Resources and Energy Minister Gwede Mantashe to urgently Gazette the final Section 34 Ministerial determination that would open the way for the procurement of 11 813 MW of new electricity capacity. The call came as government's Political Task Team on... 

Maynier urges urgent Gazetting of determination for new power projects
Western Cape Finance and Economic Opportunities Minister David Maynier

Medupi conveyor belt repaired

By: Marleny Arnoldi     11th September 2020 State-owned power utility Eskom says the conveyor belt that feeds coal into the Medupi generation units, which failed on the evening of September 9, has been repaired and is back in service. This has lowered the risk of load-shedding. However, while no load-shedding is planned for now, Eskom says... 

Medupi conveyor belt repaired

Resgen says lenders will not approach credit committees for Ledjadja Coal loan yet

By: Donna Slater     10th September 2020 ASX- and JSE-listed coal miner Resource Generation (Resgen) on September 10 said its lenders' project team will not approach their credit committees until three conditions precedent are met. This follows after Resgen subsidiary Ledjadja Coal, which is developing the Boikarabelo mine, on... 

South Africa's mining output declines 9.1% y/y in July

By: Simone Liedtke     10th September 2020 Mining production decreased by 9.1% year-on-year in July, with the largest negative contributors being other nonmetallic minerals and chromium ore sector. Other non-metallic minerals contributed -2.8 percentage points to the decline with an overall decrease of 44.9% in output, while chromium ore... 

Mantashe says Nersa’s concurrence with determination opens way for procurement of 11 813 MW of new power 

By: Terence Creamer     10th September 2020 Mineral Resources and Energy Minister Gwede Mantashe reported on Thursday the National Energy Regulator of South Africa (Nersa) had provided its concurrence to a Section 34 Ministerial Determination, issued in February, which opened the way for the procurement of  11 813 MW of new electricity... 

Mantashe says Nersa’s concurrence with determination opens way for procurement of 11 813 MW of new power
Photo by Creamer Media
Mineral Resources and Energy Minister Gwede Mantashe
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