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BLSA CEO Busisiwe Mavuso
More upgrades to growth outlook seen as reform momentum continues – Mavuso
5th August 2024 By: Sabrina Jardim

Citing progress in dealing with the country’s logistics challenges and the ability of Operation Vulindlela to speed up reforms, economists at the Bureau for Economic Research (BER) last week... 


WA gold companies shine but critical minerals pull index down
WA gold companies shine but critical minerals pull index down
5th August 2024 By: Creamer Media Reporter

Gold-focused Western Australia companies have shone in 2024, with strong prices driving merger and acquisition (M&A) activity, while prices for some critical minerals, including lithium and rare... 


Vitol extends deal spree with purchase of fallen rival Noble
Vitol extends deal spree with purchase of fallen rival Noble
2nd August 2024 By: Bloomberg

Vitol Group has agreed to buy the last remaining piece of fallen Asian commodity trader Noble, as the energy trading giant recycles its blockbuster profits to go on an acquisition spree. Vitol... 


Peabody achieves first development coal at Centurion
Peabody achieves first development coal at Centurion
2nd August 2024 By: Mariaan Webb

The Centurion coking coal growth project, in Australia, is continuing to advance on time and on budget, reports US-headquartered miner Peabody reports. The company has produced the first... 


The Uitkomst colliery
Fall-of-ground claims a life at MC Mining's Uitkomst colliery
2nd August 2024 By: Creamer Media Reporter

ASX-, JSE- and Aim-listed coal miner MC Mining has reported that an employee died in a fall-of-ground incident at the company's Uitkomst colliery, in KwaZulu-Natal, South Africa, on July 31. An... 


The above image depicts ZAC's reverse osmosis water treatment system
Plant beefed up with potable technology
2nd August 2024

As an innovative response to the need for water conservation, anthracite producer Zululand Anthracite Colliery’s (ZAC’s) wastewater reverse osmosis (RO) treatment plant will provide clean drinkable... 


Photo of Terence Creamer
Confidence or arrogance
2nd August 2024 By: Terence Creamer

As loadshedding wanes, Eskom’s confidence is growing. This is not a bad thing, as South Africa needs its State-owned companies to be places of delivery and, eventually, even centres of excellence.... 


New tool to close down Asia’s coal plants is gaining momentum
1st August 2024 By: Bloomberg

Lenders to power producers see momentum building in development of a novel form of carbon credits intended to advance the phase out of coal-fired power capacity. Entities including the Monetary... 


Resources Watch
Resources Watch
1st August 2024

This week: Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize; Seriti’s wind move may be further energy transitioned by solar and, Kumba Iron-Ore says public-private partnership... 


MC Mining reports slight decrease in RoM coal production for the June quarter
31st July 2024 By: Sabrina Jardim

Coal miner MC Mining has reported that, for the quarter ended June 30, run-of-mine (RoM) coal production at the Uitkomst steelmaking and thermal coal mine, in KwaZulu-Natal, was 113 977 t, 4% lower... 


Coal India beats Q1 profit estimates on higher volumes, lower costs
31st July 2024 By: Reuters

Coal India surged past first-quarter profit estimates on Wednesday, as higher sales volumes and dip in employee costs countered weakness in prices. The company, which produces about 80% of India's... 


Glencore CEO Gary Nagle.
Glencore expects to be able to announce coal, carbon steel demerger decision next week
30th July 2024 By: Martin Creamer

Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next... 


These Sy-Klone engine air filter pre-cleaners can collect and expel 92 to 95% of the ambient dust before it even reaches the engine’s air filter
Engine air filter filter pre-cleaners save coal mine filter costs, downtime
29th July 2024

Heavy duty cooling and air conditioning specialist Booyco Engineering has installed the innovative Sy-Klone engine air filter pre-cleaners on two drill rigs at a South African coal mine, allowing... 


South32’s Illawarra coal sale unconditional
South32’s Illawarra coal sale unconditional
29th July 2024 By: Creamer Media Reporter

All conditions precedent to the sale of Illawarra metallurgical coal to an entity owned by Golden Energy and Resources and M Resources have been satisfied, diversified miner South32 reported on... 


Teck's Highland Valley copper operations in Canada
Teck draws M&A attention from big miners in rush for copper
29th July 2024 By: Bloomberg

The world’s biggest miners are back in serious dealmaking mode and Teck Resources is taking center stage. The Canadian miner, which has exited its coal business with a sale this month to Glencore,... 


Good Governance Africa research and programmes director Dr Ross Harvey
Wits dialogue unpacks implications of a post-mining future for communities
26th July 2024 By: Sabrina Jardim

There is potential, in South Africa, to better align mines’ social and labour plans with municipal Integrated Development Plans (IDPs) for more effective and long-term broad-based development, Good... 


Seriti CEO Mike Teke and community elders celebrate the project
Seriti project to provide Internet to 500 Phola households
26th July 2024 By: Schalk Burger

Coal miner Seriti Resources' Seriti Power Community Trust has handed the Monyetla Free WiFi project, which will give more than 500 households in the Phola community access to free, unlimited,... 


Photo of Martin Creamer
On-The-Air (26/07/2024)
26th July 2024 By: Martin Creamer

Martin Creamer talks about job creation, sun and wind energy and iron-ore. 


A generic image of a railway locomotive
Long-standing relationships key
26th July 2024 By: Lumkile Nkomfe

Engineered Bearings and Industrial Motion product supplier Timken states that its ability to build meaningful business relationships in the railway industry over the past 90 years has provided a... 


hand holding coal
Thermal coal prices stagnate amid oversupply, weak demand
26th July 2024 By: Darren Parker

Market research firm BMI, a Fitch Solutions company, says thermal coal prices will remain stagnant owing to oversupply and weak demand. The company maintains its Newcastle thermal coal price... 


Anglo American CE Duncan Wanblad.
Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize
25th July 2024 By: Martin Creamer

By the end of 2025, the new Anglo American is going to be focused 100% on copper, iron-ore and crop nutrient mining. By that time, the demerged Johannesburg Stock Exchange-listed Anglo American... 


Coal station
South Africa’s 2030 decarbonisation target at risk, climate commission warns
25th July 2024 By: Terence Creamer

The Presidential Climate Commission (PCC) is cautioning that South Africa may miss its 2030 decarbonisation target in light of a decision to further delay the decommissioning of three aged coal... 


MC Mining secures A$1m loan facility
25th July 2024 By: Tasneem Bulbulia

Coal miner MC Mining has entered into a A$1-million ($700 000) loan facility with Eagle Canyon International Group Holding. ECIGH is controlled by MC Mining interim MD and CEO Christine He. 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June.... 


Teck beats second-quarter profit estimates, cuts copper guidance
Teck beats second-quarter profit estimates, cuts copper guidance
25th July 2024 By: Reuters

Canadian miner Teck Resources beat second-quarter profit estimates on Wednesday, on the back of higher production volume from its Quebrada Blanca copper mine in Chile and increase in prices of the... 


Standard Bank head of power Rentia van Tonder
Standard Bank backs 500-MW-worth of decentralised electricity projects post reforms
24th July 2024 By: Terence Creamer

Standard Bank reports that it has provided funding to South African decentralised electricity projects with a combined capacity of more than 500 MW over the past two years, following regulatory... 


Anglo CEO Duncan Wanblad
Anglo to face investors with wary eye on BHP's potential return
24th July 2024 By: Reuters

Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid... 


plant in coal
Panellists have mixed views on sustainability of renewable-energy financing
24th July 2024 By: Marleny Arnoldi

Independent power producer (IPP) developers are currently generating lower returns on renewable-energy projects at about 11%, making it challenging for banks and institutions to provide finance,... 


An image of coal
Stable coal consumption expected through to 2025 as electricity demand surpasses renewables supply
24th July 2024 By: Tasneem Bulbulia

Despite the rapid expansion of renewable-energy generation capacity, the considerable growth of electricity demand in key economies indicates the world’s consumption of coal will stay largely... 


Resources Watch
Resources Watch
24th July 2024

This week: Petra Diamonds focusing on refinancing $250-million loan notes and, Green ammonia ousting coal in power stations 


An image of Energy Council of South Africa CEO James Mackay
Collaboration, investment pivotal to a successful energy transition
24th July 2024 By: Tasneem Bulbulia

Coal, as a plentiful natural endowment in the country, is poised to remain a pivotal part of the South Africa’s energy mix for the foreseeable future; however, this comes with risks and challenges,... 


coal on train
TFR boasts slight improvement but admits much work still to be done
24th July 2024 By: Darren Parker

Although there has been a “slight” improvement year-on-year in terms of State-owned Transnet Freight Rail’s (TFR’s) North Corridor performance, the beleaguered rail operator is “not out of the... 


Debswana's Jwaneng mine
Botswana proposes law for locals to acquire 24% stakes in mines
24th July 2024 By: Reuters

Botswana is proposing a law that will ask mining companies, once granted a licence, to sell a 24% stake in mines to locals if the government does not exercise its option to acquire the... 


EY partner Thabi Malatji (right) facilitating discussion with Seriti Resources CEO Mike Teke (centre) and Seriti Green CEO Peter Venn (left) at Coal & Energy Transition Day.
Seriti’s wind move may be further energy transitioned by solar, Coal & Energy Day hears
23rd July 2024 By: Martin Creamer

Black-owned coal mining company Seriti Resources' advance into wind energy through Seriti Green may be further advanced by an entry into solar power, Tuesday’s Coal & Energy Transition Day 2024 was... 


Coal heap
Speakers stress importance of coal as an energy source, warn of unfair pressure on developing countries
23rd July 2024 By: Marleny Arnoldi

With coal consumption having increased by 11% since the signing of the Paris Agreement in 2015 and the commodity being a mainstay for many countries’ energy mixes, including Australia and India,... 


Eskom again moots 20 GW clean-energy build programme
Eskom again moots 20 GW clean-energy build programme
23rd July 2024 By: Terence Creamer

Eskom will replace its declining coal capacity with clean-energy options in line with country policy and the Just Energy Transition, Eskom GM for primary energy Dan Mashigo told participants at a... 


Coking coal prices remain under pressure amid weak steel production
23rd July 2024 By: Sabrina Jardim

Research agency BMI has maintained its Australian coking coal price forecast for this year at $260/t, as prices remain under pressure as a result of weak demand. BMI notes in its ‘Coking Coal... 


Australia announces new offshore gas exploration permits to plug supply gaps
23rd July 2024 By: Reuters

Australia on Tuesday announced new offshore gas exploration permits for its east and west coast markets in a bid to ease concerns over long-term supply gaps as the country moves rapidly away from... 


Synthetic jet fuel
Sasol reports improvements across the energy segments, but volatility remains
22nd July 2024 By: Marleny Arnoldi

Petrochemicals giant Sasol has reported a 3% year-on-year increase in mining productivity for the 2024 financial year ended June 30, with productivity of 983 tons per continuous miner per shift... 


Metalloys smelter
South32’s South African manganese, aluminium operations deliver solid output
22nd July 2024 By: Darren Parker

Diversified miner South32’s South African manganese operations produced 2.18-million tonnes of manganese in the 2024 financial year, ended June 30, higher than the 2.11-million tonnes produced in... 


Indonesia launches nickel, tin online tracking system
22nd July 2024 By: Reuters

Indonesia launched on Monday an online system to track movements of nickel and tin from mines to domestic processing facilities to improve accountability and government revenue, authorities said.... 


Western miners push for higher metals prices to ward off Chinese rivals
Western miners push for higher metals prices to ward off Chinese rivals
22nd July 2024 By: Reuters

The only US cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global... 


Singapore's GEAR secures $850m for South32's Australian coking coal - sources
Singapore's GEAR secures $850m for South32's Australian coking coal - sources
22nd July 2024 By: Reuters

A consortium led by Singapore's Golden Energy and Resources (GEAR) has secured $850-million to buy South32's Australian coking coal assets, two sources told Reuters, as private credit continues to... 


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