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The Centurion mine in Australia
Peabody secures $320m credit boost for enhanced focus on Australian coal
19th January 2024 By: Mariaan Webb

US-headquartered Peabody has closed a new $320-million senior revolving credit facility, enhancing its financial resiliency during the period of investment at its Centurion mine, in Queensland,... 


Cyclone forming near Australia's coast may have 'severe impact'
19th January 2024 By: Bloomberg

Australia’s resource-rich Queensland state is bracing for its second tropical cyclone in a little more than a month, with a storm off the coast expected to strengthen during the weekend. A... 


Gautam Adani
Adani says green hydrogen can repeat solar's path to low costs
19th January 2024 By: Bloomberg

Billionaire ports-to-coal tycoon Gautam Adani has called for a renewed global focus on lowering green hydrogen prices to spur the clean fuel’s adoption in emissions intensive industries. Lowering... 


The Blackwater mine
Whitehaven Coal posts strong Q2, mulls Blackwater mine stake sale
19th January 2024 By: Reuters

Australia's Whitehaven Coal reported a near 4% rise in quarterly production on Friday, helped by strong performance at its open-cut mines, and said it was exploring a potential stake sale in the... 


An image of Cummins Africa and Middle East hydrogen and fuel cell business director Alan Zhao
Hydrogen implementation remains limited
19th January 2024 By: Nadine Ramdass

Following global trends, discussions in South Africa on hydrogen, its production and use have gained momentum, although actual implementation remains limited, says power technology provider Cummins... 


An image of delegates at COP28
Reliable electricity must be prioritised over transition
19th January 2024

The sheer urgency of addressing energy insecurity in Africa demands that a reliable grid is prioritised first and other energy concerns, such as transitioning to renewable-energy sources, second,... 


Funding delays hinder Just Energy Transition implementation
19th January 2024

South Africa has comprehensive policy tools to respond to climate change adaptation and mitigation needs, but timely access to funding remains a major impediment to implementing the country’s Just... 


Photo of Terence Creamer
Gas lock-in
19th January 2024 By: Terence Creamer

“If you fail to plan, you are planning to fail,” the quote, attributed to Benjamin Franklin, reads. What happens, however, when your plan is a failure? The misnamed draft Integrated Resource Plan... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


Coal loaded for transport by rail
Transnet plans to partially reopen coal line after derailment
18th January 2024 By: Reuters

South African freight rail operator Transnet plans to reopen the first of two coal lines to the country's major coal export terminal on Thursday after it was blocked following a train collision... 


Fanie Steyn, Manager Electric Motors at WEG Africa
WEG Africa applauds energy standards that drive motor efficiency
17th January 2024

In a country where most electric motors are not energy efficient, the announcement by South Africa’s government of its plans to introduce Minimum Energy Performance Standards (MEPS) is not a day... 


RFA CEO Gavin Kelly
RFA urges investigation into outdated TFR systems following derailment
17th January 2024 By: Schalk Burger

Industry organisation the Road Freight Association (RFA) says the collision of two coal trains on the Richards Bay ore line at the weekend underscores the vulnerability of the multi-ore line owing... 


Coal miner fatality reported at Saraji, Queensland
Coal miner fatality reported at Saraji, Queensland
16th January 2024 By: Mariaan Webb

Mining major BHP on Tuesday confirmed the death of a contractor employee in a vehicle incident at its Saraji mine, in Queensland’s Bowen Basin. In a brief statement conveying sympathy to the... 


China’s drive for record coal spurs yet another deadly accident
China’s drive for record coal spurs yet another deadly accident
15th January 2024 By: Bloomberg

The human toll of ever-increasing coal production in China is once again to the fore after thirteen were killed in a mine accident just days after the government said it will start a three-year... 


One killed in flood at mine in Russia's Arctic north
15th January 2024 By: Reuters

One miner was killed and another injured by a flood at a coal mine in the Russia's Arctic Komi region, Russia's emergencies ministry said on Monday. Groundwater broke through into the Zapolyarnaya... 


Indonesia targets 710Mt coal output in 2024 after record 2023
15th January 2024 By: Reuters

Indonesia, a major thermal coal exporter, aims to produce 710-million metric tons of coal in 2024, the Mining Minister said on Monday, after posting record output last year. Indonesia's coal... 


China's imports of Mongolian coal set to rise as transport improves
12th January 2024 By: Reuters

China's imports of Mongolian coking coal may rise to a record in 2024, after more than doubling in 2023, on improving transport links and its lower price versus domestic and international supplies,... 


Forrest to advance 14 GW of new clean energy in Australia
Forrest to advance 14 GW of new clean energy in Australia
11th January 2024 By: Bloomberg

Billionaire Andrew Forrest pledged to develop 14 GW of new clean power projects in Australia by 2030, offering a boost to the nation’s efforts to accelerate investments in renewable energy.... 


BME’s partnerships drive global growth and ESG focus
BME’s partnerships drive global growth and ESG focus
10th January 2024

Globalising through partnerships, Omnia company BME continues to roll out its plans for expansion in markets including African countries, Canada, Australia and Indonesia. According to BME Managing... 


new conveyor at Richards Bay Bulk Terminal
Richards Bay Bulk Terminal conveyor repairs remove 400 coal trucks from roads
10th January 2024 By: Darren Parker

One of three conveyor belts damaged in the October 2021 fires has returned to full operation at the Richards Bay Bulk Terminal, in KwaZulu-Natal, and will prioritise the handling of coal exports.... 


Battery metal price plunge is closing mines and stalling deals
Battery metal price plunge is closing mines and stalling deals
10th January 2024 By: Bloomberg

A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to... 


India’s plans to double coal production, ignore climate threat
India’s plans to double coal production, ignore climate threat
10th January 2024 By: Bloomberg

As climate diplomats at COP28 in Dubai debated an agreement to transition away from fossil fuels last December, India was facing another energy conundrum: It needed to build more power capacity,... 


Priscillah Mabelane
Sasol’s Mabelane to head board at Eskom’s unbundled grid company, NTCSA
9th January 2024 By: Terence Creamer

The inaugural board of directors of the National Transmission Company of South Africa (NTCSA), which was announced by the Eskom board on Tuesday, will be chaired by Priscillah Mabelane, who is also... 


The Red Chris mine produces gold and copper
C$36bn in critical mineral investment at stake in BC
8th January 2024 By: Creamer Media Reporter

Sixteen proposed critical mineral mines, representing C$36-billion in near-term investment, 300 000 person-years of employment and C$11-billion in tax revenues, are at a key juncture, based on... 


Busa energy and environment desk head Happy Khambule
Busa warns that lack of detail in IRP 2023 makes it impossible to assess plan’s credibility
8th January 2024 By: Terence Creamer

Business Unity South Africa (Busa) will approach the Department of Mineral Resources and Energy (DMRE) to secure the technoeconomic information that has been used to inform the assumptions... 


Mike Levington
Opinion: The grid’s the thing
8th January 2024

In this opinion article, Mike Levington argues that using renewable energy to meet South Africa’s economic and developmental goals will require a significant shift in thinking about the grid. 


Caledonia Mining's Blanket mine
Zimbabwe gold output declines 15% amid electricity, forex shortages
8th January 2024 By: Reuters

Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday, as electricity cuts and currency volatility impacted output. The Southern African... 


Canadian dealmaking seen rebounding in 2024, led by energy, mining
4th January 2024 By: Reuters

Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to... 


China restores coal tariffs in threat to Russian exporters
3rd January 2024 By: Bloomberg

China has restored import levies on coal from the beginning of the year, a move that could threaten Russian exporters dependent on the world’s largest market for the fuel. The tariffs were removed... 


Trucks operating in a coal mine
Coal financing is still booming – led by China
20th December 2023 By: Bloomberg

The amount of bank financing going to mining coal, the dirtiest fossil fuel of them all, remains at surprisingly high levels. Most of it is coming from China. A new report from researchers at... 


Machinery seen at the Muchesu project
Contango receives payment for Muchesu bulk sample
20th December 2023 By: Donna Slater

LSE-listed natural resource development company Contango Holdings has received about $116 000 from a large multinational company (MNC) as payment for the previously reported 1 000 t bulk sample of... 


Peabody renames North Goonyella mine as Centurion
19th December 2023 By: Creamer Media Reporter

NYSE-listed Peabody has renamed its North Goonyella mine, in Queensland, Australia, to the Centurion mine. In October, the company reached an agreement to acquire a large portion of the Wards Well... 


Coal shipments on Transnet freight-rail network have plunged to 30-year lows and iron-ore railings are at their lowest in a decade
Crumbling South African rail prompts Botswana to forge new route
19th December 2023 By: Bloomberg

Botswana has received unsolicited bids from investors to build a rail line to a Namibian port that will help avoid South Africa and its disintegrating logistics network. The 1 500 km... 


A coal mine in Australia
Australia adviser urges improved reporting of methane emissions
19th December 2023 By: Bloomberg

Australia needs to improve the accuracy of fossil fuel producers’ reporting on greenhouse-gas emissions, especially on methane releases from opencut coal mines, a review of the nation’s climate... 


Coal stockpiles
Coal’s peak is here, but demise of dirtiest fuel will be slow
18th December 2023 By: Bloomberg

Global efforts to boost clean energy and rein in carbon emissions have had a clear impact on coal: consumption of the dirtiest fossil fuel is expected to peak this year. Total consumption of coal... 


On-The-Air (15/12/2023)
On-The-Air (15/12/2023)
15th December 2023 By: Martin Creamer

Martin Creamer discusses green ammonia, copper and the mining sector. 


Greenfield project nears full-scale mining
15th December 2023 By: Lynne Davies

The development of the Gugulethu Colliery – a greenfield project located to the southeast of Hendrina and proximate to Davel – is taking place at an “opportune time” as export opportunities for... 


LOOMING CHALLENGE: Coal-dependent South Africa needs to more than double climate financing to achieve its emissions reduction targets, a Presidential Climate Commission paper states. Current yearly average funding of R131-billion needs to be boosted to R334-billion for the country to meet its net-zero goal by 2050, the paper states.
LOOMING CHALLENGE
15th December 2023

Coal-dependent South Africa needs to more than double climate financing to achieve its emissions reduction targets, a Presidential Climate Commission paper states. Current yearly average funding of... 


A Sasol sign in front of its Secunda complex
Sasol says investors critical of its climate record have ‘flawed understanding’
14th December 2023 By: Bloomberg

Sasol has hit back at investors who said they would reject its climate-change report at an annual general meeting last month, before it was abandoned because of a protest. The petrochemicals... 


An Eskom run coal-fired power station
Eskom set for seventh full-year loss as power cuts grip South Africa
13th December 2023 By: Bloomberg

South Africa’s Eskom Holdings is on track to post its seventh consecutive full-year loss as the utility crumbles under the weight of its debt pile and high financing costs, poor plant performance... 


A TFR locomotive
South Africa aims to fire up economic growth with port, rail revival
13th December 2023 By: Bloomberg

South Africa’s government and the business community set a target of boosting the economic growth rate by as much as six percentage points by fixing the country’s collapsing ports and freight-rail... 


glencore logo
Glencore to publish updated climate transition plan in March
13th December 2023 By: Darren Parker

Diversified miner Glencore plans to publish an updated Climate Action Transition Plan, as well as to report on its progress against its industrial emission reduction targets and ambitions, in... 


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Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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