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Coal News

Medupi conveyor belt failure raises risk of load-shedding

By: Simone Liedtke     10th September 2020 State-owned power utility Eskom on September 10 warned of an increased risk of load-shedding following the failure of a conveyor belt feeding coal into the Medupi generation units on September 9. This means the four generation units in service are not able to take in the requisite amount of coal... 

Prairie Mining takes Poland to arbitration court over coal mines

By: Reuters     9th September 2020 Australia's Prairie Mining has launched international arbitration proceedings against Poland arguing that Warsaw breached bilateral treaties by blocking Prairie's investment in two coal mines. Prairie Mining, which has been developing the Jan Karski and Debiensko mines in Poland, said last year... 

Prairie Mining takes Poland to arbitration court over coal mines

Zimbabwe bans mining in wildlife parks

By: Reuters     9th September 2020 Zimbabwe's government has banned mining in game reserves following concerns from conservationists who accused two Chinese companies of exploring for coal in the biggest national park, Hwange. Hwange, in western Zimbabwe, is home to the country's biggest elephant herd - more than 40,000, large... 

Britain blocks plans for new coal mine in northeast England

By: Reuters     9th September 2020 The British government has refused to allow a new open cast coal mine to be built in northeastern England, the Minister for Housing, Communities and Local Government Robert Jenrick said. Northumberland County Council agreed in 2016 that developer The Banks Group could extract three-million... 

Britain blocks plans for new coal mine in northeast England

EIUG appoints Mondi as new CEO 

By: Terence Creamer     7th September 2020 The Energy Intensive Users Group (EIUG), whose mining and manufacturing members account for over 40% of the electrical energy consumed in South Africa, announced the appointment of Fanele Mondi as its new CEO. Prior to joining the EIUG, Mondi worked at Eskom for over 23 years, 12 years of which... 

EIUG appoints Mondi as new CEO
Fanele Mondi

Eskom launches new ‘system status’ portal in bid to begin bolstering transparency 

By: Terence Creamer     7th September 2020 South Africa’s electricity utility Eskom has added a new page to its website through which it is providing information relating to the status and performance of the power system, including the use of load-shedding as a mechanism to stabilise the national electricity grid. The webpage, which bears... 

Eskom launches new ‘system status’ portal in bid to begin bolstering transparency

China seeks to dent its coal addiction with mega power complexes

By: Bloomberg     7th September 2020 Imagine a power plant built next to a coal mine but also operating wind turbines and solar panels. The facility hosts batteries to store electricity when supply is in excess. The main source of power could flip from the fossil fuel to clean energy, depending on weather and price. Spending... 

Commission recommends Tribunal approve Seriti's buyout of South32's South African coal assets  

By: Donna Slater     7th September 2020 The Competition Commission has recommended that the Competition Tribunal (Tribunal) approve the proposed transaction whereby Thabong Coal, a subsidiary of Seriti Resources, intends to acquire South32 South Africa Coal Holdings (SAEC) with conditions.   The commission has determined that,... 

Weekly Coal Index Report

7th September 2020 Price gains in European gas and power helped lift coal prices last week although China's import restrictions have begun to impact on coal deliveries from Australia’s East coast. Australian cargoes are trading at significant discounts to paper prices, and NEWC itself is trading at several Dollars... 

Weekly Coal Index Report

Sasol seeks carbon-utilisation solutions for South African operations 

By: Terence Creamer     4th September 2020 Energy and chemicals group Sasol has initiated a process through which it aims to identify potential partners for the development and demonstration of technologies that can utilise the carbon dioxide (CO2) produced at its South African operations as part of a broader strategy to lower its... 

Sasol seeks carbon-utilisation solutions for South African operations

Resgen, Ledjajda ask lenders to defer some conditions precedent 

By: Simone Liedtke     4th September 2020 ASX-listed Resource Generation (Resgen) says its subsidiary Ledjajda Coal has formally requested that the lenders it is negotiating with either defer a limited number of conditions precedent to a date post the financial close on September 30, or that they submit viable alternative solutions with... 

MC Mining raises $600 000 for Makhado's development 

By: Marleny Arnoldi     4th September 2020 Coal miner MC Mining has concluded a subscription agreement with Columbia Skies Holdings (CSH), which is owned by black industrialist Pitso Madibo, for 7.8-million ordinary MC Mining shares, or a 4.8% stake. The CSH shares will be allotted in terms of the company’s ASX-approved capacity and... 

MC Mining raises $600 000 for Makhado's development
MC Mining's nearby Vele processing plant to the Makhado project, both in Limpopo

Challenges remain as industry forges ahead with transformation

By: Mamaili Mamaila     4th September 2020 It is important to acknowledge that the regulatory environment for local mining companies has been instrumental in progressing transformation and inclusion of women in the mining sector, integrated resources business Lurco Group says. 

Challenges remain as industry forges ahead with transformation
Photo by Lurco Group
LEE STOKES It is important for us to note that there still are industry barriers that affect the advancement of women in mining

Trump made a promise to save coal in 2016. He couldn’t keep it 

By: Bloomberg     3rd September 2020 President Donald Trump spent more than $1-billion in taxpayer funds, rolled back environmental rules and tried to stop power plant closings to fulfill a vow he made to West Virginia coal miners in the 2016 campaign. But nothing he’s done is rescuing the coal industry. Since Trump’s... 

Trump made a promise to save coal in 2016. He couldn’t keep it
US President Donald Trump

Coal India reports first rise in monthly shipments since February

By: Bloomberg     2nd September 2020 Coal India reported the first increase in monthly shipments since February, after demand for the fuel picked up with easing of restrictions aimed at controlling the coronavirus pandemic. The company shipped 44.34-million tons of coal in August, 9.3% more than a year earlier. Output rose 7% to... 

Coal India reports first rise in monthly shipments since February

Hydrogen’s profit potential still a decade away, RWE says

By: Bloomberg     2nd September 2020 With the push for hydrogen as a clean source of energy gathering pace in Europe, one of the region’s biggest utilities cautioned that it’ll be another decade before the fuel is profitable. “It will take 10 to 15 years until this business can yield decent results,” Anja-Isabel Dotzenrath, CEO of... 

Hydrogen’s profit potential still a decade away, RWE says
RWE renewables unit CEO Anja-Isabel Dotzenrath. The utility is including hydrogen in its strategy to exit coal.

South Africa’s green revolution gathering momentum 

2nd September 2020 The Covid-19 pandemic has presented countries around the world with immense challenges, as the impact of the virus has affected every aspect of everyday life as we know it, write Dr Cosmas Chiteme, Dr Rebecca Maserumule and Prof Dmitri Bessarabov. (Chiteme and Maserumule are senior managers at... 

South Africa’s green revolution gathering momentum
Hydrogen fuel and containerised fuel cell installations at One Military Hospital in Pretoria.

BHP employs renewables at coal mines

By: Esmarie Iannucci     2nd September 2020 Major BHP on Wednesday announced plans to reduce emissions from electricity use at its Queensland coal mines by 50% by 2025, signing a renewable power purchasing agreement with Queensland’s state-owned clean energy generator and retailer CleanCo. The agreement will run for five years from... 

BHP employs renewables at coal mines

BHP to tap green energy to mine coal in Australian state

By: Reuters     1st September 2020 Global miner BHP Group said on Tuesday it has signed an agreement to use more renewable energy at its coal mines in Australia's Queensland state which it expects will help it cut its indirect emissions such as those from fuel and power in the country by 20% in five years. The move comes as BHP... 

BHP to tap green energy to mine coal in Australian state
BHP president minerals Australia Edgar Basto

Exxaro Covid-19 testing surpasses 100 mark

By: Simone Liedtke     1st September 2020 Diversified miner Exxaro Resources reports that, as of August 31, the number of Covid-19 tests conducted through two testing labs set up by it had surpassed the 150 mark. Exxaro has invested in opportunities to increase private testing capacity by setting up two Covid-19 PCR testing laboratories... 

Exxaro Covid-19 testing surpasses 100 mark

Trump scales back limits on toxic waste from coal power plants

By: Bloomberg     1st September 2020 The Trump administration is relaxing Obama-era requirements stemming toxic heavy metal pollution from coal-fired power plants. Under the Environmental Protection Agency rule being unveiled Monday, electricity companies will have more time and flexibility to treat power plant wastewater that... 

Trump scales back limits on toxic waste from coal power plants

Largest union at Colombia coal mine Cerrejon on strike

By: Reuters     1st September 2020 The largest workers union at the Colombian coal mine Cerrejon walked out on strike on Monday, the group said, after its members voted overwhelmingly to support the move following a collapse in contract negotiations. Some 99% of members of the Sintracarbon union who voted on possible strike... 

South Africa must link tax laws to job creation, says ARM’s Motsepe   

By: Martin Creamer     31st August 2020 The private sector worldwide is the engine for job creation, in partnership with trade union organisations, government and communities, and South Africa must link its tax legislation to job creation. That is the view African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe... 

South Africa must link tax laws to job creation, says ARM’s Motsepe
African Rainbow Minerals executive chairperson Dr Patrice Motsepe responds to Mining Weekly’s Martin Creamer on attracting mining investment. Video: Darlene Creamer.

Covid-19 continues to disrupt mining and metals sector

By: Donna Slater     31st August 2020 The mining and metals industry is being deeply impacted by the Covid-19 pandemic, as the situation continues to evolve and the virus spreads throughout the world, reports financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research. The firm notes... 

Weekly Coal Index Report

31st August 2020 A stronger rand is making life harder again for South African coal exporters. Richards Bay Coal Terminal prices slipped marginally on the week although Pacific and European markets were stronger, helped by news of strikes in Colombia, as well as stronger Chinese domestic prices. The energy... 

Weekly Coal Index Report

ARM earnings up, dividend declared 

By: Martin Creamer     31st August 2020 The headline earnings of diversified mining company African Rainbow Minerals (ARM) increased by 6% to R5 534-million for the financial year to June 30. A final dividend of R7 a share is declared, in addition to the interim dividend of R5 a share, taking the total dividend for the 2020 financial... 

ARM earnings up, dividend declared
Photo by Creamer Media
ARM executive chairperson Dr Patrice Motsepe

Stanmore CEO quits

By: Esmarie Iannucci     31st August 2020 ASX-listed Stanmore Coal has appointed Marcelo Matos as interim CEO following the resignation of Craig McCabe. Stanmore told shareholders on Monday that McCabe’s services would be available to the company until the end of September, to work with Matos and the leadership in order to manage the... 

Exxaro gives land to emerging farmers, helps build agri-economy

By: Marleny Arnoldi     28th August 2020 As part of its support for South Africa’s land distribution policy, JSE-listed diversified miner Exxaro Resources has embarked on a minerals succession programme that maps the potential agri-economies in communities surrounding its mines. “We are constantly looking at proactive solutions to... 

India must give up coal in fight against climate change, UN chief says

By: Bloomberg     28th August 2020 India must stop building coal infrastructure and focus on renewable power generation to aid the global fight against climate change and lift its citizens out of poverty, United Nations Secretary-General Antonio Guterres said. The nation, the biggest coal consumer after China, must invest in a... 

Coal to remain relevant despite growing shift to renewable energy, says consultancy 

By: Simone Liedtke     28th August 2020 The use of coal is enabling the energy transition, owing to its provision of a basis for the economy to develop, drive wealth and enable economic progress, which then, in turn, creates and enables the funds for stronger and further investment into renewable energy, says Boston Consulting Group MD... 

Coal to remain relevant despite growing shift to renewable energy, says consultancy
Boston Consulting Group MD and partner Tycho Möncks gives Engineering News and Mining Weekly some insight into how coal is enabling the energy transition. Video: Recorded via Zoom. Editing: Creamer Media's Darlene Creamer.

Logistics company branches out

By: Cameron Mackay     28th August 2020 Local logistics services supplier Mixcorp is including renewable-energy technology suited to the mining industry in the scope of its research and development (R&D) department to add renewables-related logistical services to its offering. Mixcorp special scientific adviser Dr Godfrey Gandawa... 

Logistics company  branches out
DR GODFREY GANDAWA We are in the process of setting up operations in Zambia and the DRC, working with mines that are considering investing in renewable energy technologies

Camden power station resumes operations

By: Creamer Media Reporter      27th August 2020 Operations at the Camden power station resumed on August 27 after a four-month shutdown. The shutdown was implemented to relocate ash from an unsafe dam at the station. 

Kibo advancing PPA discussions for Mozambique projects

By: Creamer Media Reporter      26th August 2020 A grid impact assessment and integration study for multi-asset energy company Kibo Energy's Benga power plant project (BPPP), in Mozambique, has been completed and submitted to power utility Electricidade de Moçambique (EDM). This forms part of the definitive feasibility study optimisation and... 

Edenville concludes third strategic agreement with ILTL

By: Marleny Arnoldi     26th August 2020 Aim-listed Edenville Energy's subsidiary Edenville International, based in Tanzania, has entered into a sales and marketing agreement with Dubai-based MarTek Global. MarTek is a Dubai-based sister company to Infrastructure and Logistics Tanzania Limited.  

Master Drilling aligning with opencast mines going underground in changing world  

By: Martin Creamer     26th August 2020 South Africa-based drilling company Master Drilling, which is active in 23 countries, is aligning itself with the transitioning global requirement of opencast mines going underground. “As the world is changing, so are the mines,” said Master Drilling technology director Koos Jordaan at the... 

Master Drilling aligning with opencast mines going underground in changing world
Master Drilling technology director Koos Jordaan’s presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Tough year at Australian coal miner Whitehaven

By: Esmarie Iannucci     26th August 2020 Coal miner Whitehaven Coal has reported a 95% fall in net profit after tax for the full year ended June, as thermal coal prices softened and labour shortages impacted production. Underlying net profit after tax for the full year reached A$30-million, while underlying earnings before interest,... 

Teck reaches shipping agreement with Westshore Terminals

By: Mariaan Webb     26th August 2020 Vancouver-based miner Teck Resources has signed a new agreement with the company it uses to export its steelmaking coal, contracting for the shipment of 32.25-million tonnes. Teck’s agreement with Westshore Terminals Limited Partnership is nonbinding and reflects an agreement on proposed terms... 

Teck reaches shipping agreement with Westshore Terminals
Westshore Terminals
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