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Buffalo proposes going private
16th March 2023 By: Marleny Arnoldi

Coal miner Buffalo Coal Corporation will seek shareholder approval on April 17 to delist the company from the JSE and TSX-V. The company proposes to complete the going private transaction by... 

Exxaro CEO Dr Nombasa Tsengwa.
Exxaro earnings soar, final dividend down
16th March 2023 By: Martin Creamer

Coal, energy and ferrous markets company Exxaro reported strongly rising revenue in its year-end results for the year ended December 31, which boosted earnings before interest, taxes, depreciation... 

MC Mining continues to progress projects, interim revenue increases
15th March 2023 By: Tasneem Bulbulia

MC Mining’s revenue for the six months ended December 31, 2022, increased by 8% to $14-million, compared with the revenue of $13-million reported for the six months ended December 31, 2021.... 

Forestry, Fisheries and the Environment Minister Barbara Creecy
Eskom granted exemption to operate temporary stacks at Kusile for 13 months
15th March 2023 By: Terence Creamer

Forestry, Fisheries and the Environment Minister Barbara Creecy has granted Eskom exemption that will enable it to operate temporary stacks at the Kusile power station, in Mpumalanga, for 13 months... 

Two Exxaro board members to retire by rotation
15th March 2023 By: Donna Slater

Diversified energy company Exxaro Resources reports that independent nonexecutive directors Vuyisa Nkonyeni and Lenamile Mophatlane will retire by rotation, with effect from May 18. Nkonyeni will... 

Worker at a solar project
€15m Just SA launched in bid to unlock Mpumalanga transition projects
14th March 2023 By: Terence Creamer

A new €15-million initiative has been launched to provide research and technical support for “catalytic” just transition projects in South Africa’s Mpumalanga province, currently the centre of... 

China removes all remaining curbs on Australian coal imports
14th March 2023 By: Bloomberg

China will allow all domestic companies to import Australian coal, signaling an end to trade restrictions imposed in late 2020. Ports and customs offices have been told to allow the cargoes,... 

Rough diamonds mined in South Africa
Mining output declined for a twelfth consecutive month in January
14th March 2023 By: Creamer Media Reporter

Mining production experienced its twelfth consecutive month of year-on-year decline in January, recording a decrease of 1.9%, Statistics South Africa reports. The largest negative contributors were... 

MC Mining appoints new nonexecutive directors
10th March 2023 By: Darren Parker

JSE-listed coal exploration, development and mining company MC Mining has announced the appointment of Yi Christine He as nonexecutive director. She has a bachelor’s degree in English literature... 

NUM backs Mantashe on pro-coal stance
10th March 2023 By: Donna Slater

Labour union the National Union of Mineworkers (NUM) has expressed its support for Mineral Resources and Energy Minister Gwede Mantashe’s pro-coal stance, alleging “coercion” efforts to move away... 

Parliament guns for Mosebenzi Zwane over his corrupt Gupta dealings after five-year probe
10th March 2023 By: News24Wire

Six years ago, former mineral resources minister Mosebenzi Zwane was a high-flyer in erstwhile president Jacob Zuma's inner circle and a chief lieutenant of the infamous Gupta family. These days,... 

Thungela expects to report more than 100% increase in earnings for 2022
9th March 2023 By: Donna Slater

JSE-listed thermal coal exporter Thungela Resources expects its earnings a share for the year ended December 31 to have increased by between 105% and 111% year-on-year to between R125 and R129.... 

Coal drives up Exxaro’s full-year earnings
9th March 2023 By: Donna Slater

JSE-listed diversified energy company Exxaro Resources expects its headline earnings a share for the year ended December 31 to have increased bu between 20% and 34% year-on-year, to between R56.20... 

A photo depicting the transition to greener energy sources
Funding green transition is a major focus for Nedbank CIB
9th March 2023 By: Rebecca Campbell

Helping corporate clients transition to a future low-carbon economy is a major focus for Nedbank Corporate & Investment Banking (Nedbank CIB). The bank was the first South African commercial bank... 

Atrum to halt share trade
9th March 2023 By: Esmarie Iannucci

ASX-listed Atrum Coal will suspend share trading at the end of business on Thursday, after the ASX determined that the company’s level of operations no longer warranted the continued quotation of... 

Climate Council calls for green steel incentives
9th March 2023 By: Esmarie Iannucci

Australia’s Climate Council has called on the federal government to deliver strong policy and incentives to drive the transformation of industry, noting that the production of green metals in the... 

Botswana's Minergy seeks govt bailout after halting coal mining ops
8th March 2023 By: Reuters

Minergy has approached Botswana's government for a financial bailout to settle debts owed to a mining contractor, which has brought mining operations at its Masama coal mine to a halt, the... 

The temporary stacks would by-pass the flue-gas desulphurisation system (pictured)
Creecy to decide this week on way forward for Kusile exemptions
8th March 2023 By: Terence Creamer

The Department of Forestry, Fisheries and the Environment (DFFE) tells Engineering News that Minister Barbara Creecy has received a letter from Eskom requesting her to issue directions in terms of... 

Eskom will miss target to boost power output from coal plants
7th March 2023 By: Bloomberg

State power utility Eskom will miss a target to boost output from struggling coal-fired plants by the end of March, highlighting the poor state of equipment whose viability is being reviewed by... 

Image of Minister of Mineral Resources and Energy Gwede Mantashe's speech being disrupted at the 2023 Africa Energy Indaba
Mantashe affirms commitment to coal as Greenpeace disrupts his Indaba speech
7th March 2023 By: Irma Venter

Greenpeace Africa on Tuesday disrupted Minister of Mineral Resources and Energy Gwede Mantashe’s opening speech at the Africa Energy Indaba in Cape Town by staging a silent protest in front of the... 

Minister of Electricity Kgosientsho Ramokgopa
Ramokgopa says assessment will determine what powers he needs to close 10 GW electricity deficit
7th March 2023 By: Terence Creamer

Newly-appointed Minister of Electricity, Kgosientsho Ramokgopa, reports that he will conduct an assessment over the coming seven to 14 days to help determine what powers he will request President... 

Image shows a lithium sample
Australia leading the way in critical minerals - report
7th March 2023 By: Esmarie Iannucci

A new report by Geoscience Australia has shown that Australia’ was the world’s top lithium producer in 2021, and was among the top five global producer of 18 mineral commodities, including... 

President Cyril Ramaphosa
Kgosientsho Ramokgopa appointed ‘transitory’ Minister of Electricity as Ramaphosa seeks urgent action on loadshedding
6th March 2023 By: Terence Creamer

As anticipated, Dr Kgosientso Ramokgopa has been appointed as South Africa’s Minister of Electricity, a position which President Cyril Ramaphosa described as transitory and which has been created... 

African Rainbow Minerals (ARM) CEO Mike Schmidt.
Turn energy, logistics threats into opportunities, African Rainbow Minerals CEO urges
6th March 2023 By: Martin Creamer

South Africa's energy and logistics threats should be turned into opportunities, says African Rainbow Minerals (ARM) CEO Mike Schmidt. Speaking to Mining Weekly in a Zoom interview following ARM’s... 

Infrastructure backlog, waning service delivery driving people to cities – TIPS
6th March 2023 By: Schalk Burger

There is a massive infrastructure backlog in historic labour-sending regions, or former homelands, and the share of households with piped water inside the house has declined in the Free State,... 

African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals declares R3bn interim dividend
6th March 2023 By: Martin Creamer

The headline earnings of African Rainbow Minerals rose by 40% to R5 171 million in the six months to December 31, when the JSE-listed company maintained a robust financial position, with net cash... 

China gives new backing to coal even as clean energy accelerates
6th March 2023 By: Bloomberg

China signaled coal will retain its role as the country’s mainstay fuel even as the government continues to support the expansion of its world-leading clean energy industry. The nation that mines... 

Forestry, Fisheries and Environment Minister Barbara Creecy says any environmental exemptions granted under yet-to-be-published directions will be approved on a 'case-by-case basis'
DTIC to act as one-stop shop for streamlining of energy project applications
3rd March 2023 By: Terence Creamer

The Department of Trade, Industry and Competition (DTIC) has been designated as the “single department” referred to in the recently published State of Disaster (SoD) regulations to coordinate the... 

Image shows a truck at the Carmichael coal mine
Bravus denies damages to water resources at Carmichael
3rd March 2023 By: Esmarie Iannucci

Queensland coal miner Bravus Mining and Resources on Friday said that the Environmental Protection Order issued by the state government was not as a result of damage done to the Doongmabulla... 

M&R CEO Henry Laas
Downsized M&R seeks salvation in mining and renewables after ‘devastating’ period
2nd March 2023 By: Terence Creamer

Murray & Roberts (M&R) CEO Henry Laas has described the group’s loss of control over RUC Cementation Mining Contractors as a consequence of its Australian holding company, or MRPL, having been... 

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