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Coal News

Mantashe wants to ‘refocus’ just energy transition debate as DMRE moves to finalise own policy  

By: Terence Creamer     1st March 2022 Mineral Resources and Energy Minister Gwede Mantashe indicated on Tuesday that his department will seek to “refocus” South Africa’s just energy transition debate as it prepares to finalise its policy on the matter. In an address to the Africa Energy Indaba on Tuesday, Mantashe indicated that the... 

Tsengwa to take over as CEO of Exxaro in August

By: Creamer Media Reporter      1st March 2022 Dr Nombasa Tsengwa will take up the position of CEO of diversified natural resources company Exxaro Resources from August 1, 2022. When named CEO-designate in March 2021, she was expected to take up the position only from May 31, 2023, but that date has now been brought forward. 

Dr Nombasa Tsengwa
Photo by Creamer Media
Dr Nombasa Tsengwa

Ramaite to serve as Wescoal CEO for two-year term

By: Darren Parker     1st March 2022 JSE-listed Wescoal’s board has appointed interim group CEO Robinson Ramaite as the permanent CEO, for a two-year term starting on April 1. The coal miner on March 1 said the appointment would allow for a managed transition as Wescoal moves from a pure coal mining and trading company into a... 

A photo of Wescoal interim group CEO Robinson Ramaite
Wescoal interim group CEO Robinson Ramaite will become permanent for two years starting in April

Cerrejon's coal output soars 89% in 2021

By: Reuters     28th February 2022  Colombian coal miner Cerrejon's production jumped 89% last year to 23.4-million tonnes, the company said in a statement on Monday, recovering from the hit from a three-month strike and the coronavirus pandemic in 2020. Cerrejon was fully bought by top global miner and trader Glencore last year,... 

An image of the Cerrejon mine

Harmony spending R7.7bn on capital projects  

By: Martin Creamer     28th February 2022 Gold mining company Harmony Gold is in the process of spending R7.7-billion on capital projects. The biggest of these is the high-grade Zaaiplaats gold project at a capital cost of R4.5-billion. The Moab Khotsong mine will expand through Zaaiplaats. 

Picture supplied
Harmony CEO Peter Steenkamp speaks to Mining Weekly's Martin Creamer in a Teams interview. Video: Darlene Creamer

Germany may extend coal use to replace Russian gas

By: Bloomberg     28th February 2022 Germany could extend its use of coal as the country rethinks its energy plans in the aftermath of Russia’s invasion of Ukraine, according to Economy Minister Robert Habeck. The former co-leader of the Green party said coal plants could run for longer and even said he wasn’t “ideologically... 

Russian politics halting Tigers Realm plans

By: Esmarie Iannucci     28th February 2022 Coal miner Tigers Realm Coal has warned of delays in the construction of its coal handling and process plant (CHPP) at its Amaam coal project, in Russia. The company told shareholders that mining operations in the far-eastern Russian province of Chukotka were continuing unabated, despite the... 

Wind-power giant Orsted stops buying coal, biomass from Russia

By: Bloomberg     28th February 2022 Orsted, a company better known for producing electricity from wind, stopped buying Russian coal and biomass for its power stations after President Vladimir Putin invaded Ukraine. The world’s top offshore wind developer will also ensure that Russian companies aren’t direct suppliers to the... 

Rio Tinto settles with Australian watchdog on Mozambique disclosure breach 

By: Reuters     28th February 2022 Rio Tinto has agreed to pay a small penalty for overstating its Mozambique coal reserves in 2012 in return for the Australian corporate watchdog dropping charges against its top two executives at the time, the Australian Securities and Investment Commission (ASIC) said on Monday. The settlement... 

Mantashe says Eskom to seek permission for coal-to-gas switch at some old stations  

By: Terence Creamer     25th February 2022 Mineral Resources and Energy Minister Gwede Mantashe says he expects Eskom to make an application soon for a Section 34 determination to facilitate gas-to-power generation at some of the coal power stations that the utility aims to repower and repurpose as part of its unfolding just energy... 

Mineral Resources and Energy Minister Gwede Mantashe
Photo by Creamer Media Chief Photographer Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

Wescoal puts Vanggatfontein on care and maintenance as it struggles to secure Eskom CSA extension 

By: Chanel de Bruyn     25th February 2022 Coal miner Wescoal has decided to put its Vanggatfontein Colliery on care and maintenance while it tries to secure an extension to a coal supply agreement (CSA) with power utility Eskom. Wescoal acquired the mine, in Delmas, Mpumalanga, in 2017 as part of its buyout of Keaton Energy. 

The Vanggatfontein Colliery
The Vanggatfontein Colliery

Tranquil valley’s triumph over coal shows hurdles for industry

By: Bloomberg     25th February 2022 In the Bylong Valley in the verdant hills of southeastern Australia, a community’s victory over a planned coal mine shows the rising opposition that’s stalling new supply of the fuel and pushing prices higher. For campaigners in this pastoral countryside adjacent to a world heritage site, a... 

Chinese coal plunges after more price controls imposed on miners

By: Reuters     25th February 2022 China will limit the price of coal in its three biggest mining regions as it adds yet another layer of controls to stop the market from overheating. The “reasonable range” for benchmark thermal coal at the mine head in Shanxi province has been set at 370 to 570 yuan a ton, the National... 

Udumo Adit housing relocation project 80% complete

By: Theresa Bhowan-Rajah     25th February 2022 Coal mining company Kangra, a subsidiary of mining investment company Menar, is nearing the completion of its Udumo Adit housing relocation project, in Donkerhoek, Mpumalanga. Udumo shaft (previously known as Twyfelhoek mine) forms part of one of the planned shafts to access the Kusipongo... 

image of the Udumo Adit mining its first coal
FIRST COAL To save on costs of the establishment of the Udumo Adit, most projects, which includes the relocation project, were primarily managed by the in-house Kangra team

Eskom to study implications of lower-than-expected 9.61% tariff hike for 2022/23 

By: Terence Creamer     24th February 2022 The Energy Regulator announced on Thursday that Eskom’s tariff would rise by 9.61% on April 1, an increase that is less than half the 20.5% hike for which Eskom had applied. The tariff decision includes allowable revenue of R250-billion, against the R293-billion for the year outlined in Eskom’s... 

Photo of power lines

South Africa targets cable thieves holding economy to ransom

By: Bloomberg     24th February 2022 South Africa’s government intends making it mandatory for all metal traders to get licenses and prevent them from dealing in cash, a measure aimed at combating a massive illegal trade in cables and wiring stripped from rail, power and telecommunication lines. Traders will also be required to... 

Stanmore's BMC buy unconditional

By: Esmarie Iannucci     24th February 2022 Coal miner Stanmore Coal on Thursday reported that its purchase of an 80% interest in the BMC metallurgical coal joint venture (JV) in Queensland, has been declared unconditional. Under the agreement, Stanmore would acquire 100% of Dampier Coal from diversified miner BHP, which holds its... 

Australia monitoring energy supply amid Ukraine furor

By: Esmarie Iannucci     24th February 2022 The Australian government on Thursday said that it was ‘closely monitoring’ international energy markets in the face of escalating hostilities from Russia against Ukraine. The Australian government has condemned Russian President Vladimir Putin's actions which have impacted global energy... 

IEA’s Global Methane Tracker shows emissions are on the rise again

By: Simone Liedtke     23rd February 2022 The International Energy Agency’s (IEA’s) Global Methane Tracker, released on February 23, shows that emissions from oil, gas and coal are on the rise again, underscoring the need for greater transparency, stronger policies and immediate action. The new IEA analysis states that global methane... 

IEA’s Global Methane Tracker shows emissions are on the rise again

Godongwana urges Eskom to sell assets as he confirms R88bn in new support 

By: Terence Creamer     23rd February 2022 Finance Minister Enoch Godongwana confirmed that Eskom will receive a further R88-billion in government support until 2025/26 and that a comprehensive debt solution was still being explored for the financially unsustainable State-owned electricity producer. The support comes in addition to the... 

An image of Eskom's head office

NSW bans offshore exploration and drilling

By: Esmarie Iannucci     23rd February 2022 The New South Wales government on Wednesday announced a ban on offshore exploration and mining, under a new policy introduced by the state government. Deputy Premier and Minister responsible for Resources Paul Toole announced the New South Wales government would not support commercial... 

Image shows an offshore drill rig

Teck seeks sale of stake in $8bn coal business

By: Bloomberg     23rd February 2022 Teck Resources is exploring the sale of a minority stake in its metallurgical coal business as it seeks to take advantage of surging prices for the commodity, people familiar with the matter said. The Canadian miner has approached parties including smaller rival Arch Resources to gauge their... 

Anglo American won't face charges for Grosvenor

By: Esmarie Iannucci     22nd February 2022 The Queensland the Office of the Work Health and Safety Prosecutor (OWHSP) will not be laying charges against miner Anglo American following the 2020 explosion at its Grosvenor coal mine, which injured five. Anglo American this week restarted operations at Grosvenor, after receiving confirmation... 

Corsa Coal CEO resigns

By: Mariaan Webb     22nd February 2022 TSX-V-listed coal miner Corsa on Monday announced the resignation of Bob Schneid as president, CEO and a director of the company. The metallurgical coal producer stated that Schneid’s departure was “not the result of any dispute or disagreement with the company, including any matters relating to... 

China signals coal reliance to continue with three new mines

By: Bloomberg     21st February 2022 China’s top planning agency approved three different billion-dollar coal mine projects on Monday as the country continues to support the fuel that much of the rest of the world is shunning. The National Development and Reform Commission gave the go ahead to two mines in the northwestern province... 

Sasol signs LNG term sheet as it prepares for R20bn-plus coal-to-gas switch at Secunda  

By: Terence Creamer     21st February 2022 Energy and chemicals group Sasol has approved development funds for the first phase of a project that is designed to increase the Secunda complex’s ability to use gas instead of coal to produce fuel and chemicals. The fuel switch is central to Sasol’s initial commitment to reducing its greenhouse... 

Sasol CEO Fleetwood Grobler
Photo by Creamer Media's Donna Slater
Sasol CEO Fleetwood Grobler

Anglo restarts Grosvenor operations

By: Esmarie Iannucci     21st February 2022 Diversified miner Anglo American has safely restarted its Grosvenor coal mine, in Queensland, following a gas incident in May 2020. The company on Monday told shareholders that it had received confirmation from the regulator, Resources Safety and Health Queensland, on February 16 that longwall... 

Survey places ESG at top of miners' minds

By: Esmarie Iannucci     18th February 2022 A survey by law global firm White & Case has identified environmental and social governance (ESG), resource nationalisation and climate change regulation and shareholder activism as top concerns for 2022. “The mining industry has found itself caught between two competing themes when it comes to... 

Billions in climate funds have South Africa agencies tussling

By: Bloomberg     18th February 2022 One of the biggest announcements from last year’s COP26 climate talks was a pledge by some rich countries to provide $8.5-billion to help South Africa transition away from coal. Now different interests within the country are tussling over how that money should be distributed. Eskom Holdings, the... 

Exxaro commits R1.5m for food gardens at three community institutions

By: Marleny Arnoldi     18th February 2022 Although the fourth wave of Covid-19 infections has eased in South Africa, JSE-listed diversified miner Exxaro Resources continues to assist communities surrounding its operations to overcome the socioeconomic impacts brought about by the pandemic. The company has a partnership with... 

Coal India warns it may need to cut output without price hike

By: Bloomberg     18th February 2022 State-run miner Coal India warned production of the fuel may fall, risking new threats to the nation’s energy supply, if the company isn’t able to raise prices. The world’s largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power... 

South32 to proceed with energy efficiency project at Hillside smelter

By: Darren Parker     17th February 2022 Diversified miner South32 has made a final investment decision on the roll-out of the AP3XLE energy efficiency project at its Hillside aluminium smelter, in KwaZulu-Natal. The technology has already been deployed at the company’s Mozal aluminium smelter in Mozambique. 

South32's Hillside aluminium smelter
South32's Hillside aluminium smelter

Bowen raises cash for Burton buy

By: Esmarie Iannucci     17th February 2022 ASX-listed Bowen Coking Coal will raise A$41.5-million in a placement to sophisticated and professional investors to acquire a 90% interest in the Burton mine and Lenton project, and to partly fund the restart costs at Burton. Bowen Coking Coal at the end of December last year announced a... 

Govt slams Origin plans to close Eraring

By: Esmarie Iannucci     17th February 2022 Energy producer and distributor Origin Energy on Thursday flagged the early retirement of its Eraring power station from 2032 to 2025, in New South Wales, saying coal-fired generation was no longer sustainable. The company has submitted a notice to the Australian Energy Market Operator (AEMO)... 

South32 reports stellar first half, advances work at Hermosa

By: Esmarie Iannucci     17th February 2022 Diversified miner South32 has reported a 1 847% increase in profits after tax for the half-year ended December, along with record operating margins. Profits after tax for the first half of 2022 reached $1.03-billion, up from the $53-million reported in the first half of 2021, with underlying... 

Image shows South32 Graham Kerr at a podium
South32 CEO Graham Kerr

At least R3bn needed to upgrade Transnet Freight Rail’s security infrastructure 

By: Darren Parker     16th February 2022 State-owned Transnet Freight Rail (TFR) will need at least R3-billion to upgrade its security infrastructure across all of its corridors, with about 80% of this to be funded through external means, TFR North Corridor managing executive Thozama Mokoena revealed to Engineering News & Mining Weekly... 

A photo of a moving Transnet train
Transnet Freight Rail has seen a 177% increase in criminal incidences over the past five years

China stops coal price reporting to crack down on rally

By: Bloomberg     16th February 2022 Two major Chinese coal data providers halted their price indexes after Beijing intensified a campaign to tame down rallies in the mainstay fuel and iron-ore to rein in inflation. Fenwei Energy information Services stopped publishing its indexes for various thermal coal grades, including the most... 

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