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Poland axes coal spinoffs in favour of tie-ups
Poland axes coal spinoffs in favour of tie-ups
10th April 2024 By: Bloomberg

Shares in Polish power utilities plunged the most in 18 months after a senior government official outlined plans to abandon coal asset spin-offs and instead link mines back with electricity... 


coal in hands
MC Mining committee reluctantly advises shareholders to accept Goldway offer
10th April 2024 By: Marleny Arnoldi

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 


Baltimore port closure means 35% drop in April US coal exports
Baltimore port closure means 35% drop in April US coal exports
10th April 2024 By: Bloomberg

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month. Exports will slump 6.3% for the... 


Eskom to ramp down planned maintenance to 3 000 MW in winter
Eskom aims to keep breakdowns below 14 GW this winter as it cuts diesel budget
9th April 2024 By: Terence Creamer

State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to... 


BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO drops anti-coal policy amid Wall Street rebuke of ESG
9th April 2024 By: Bloomberg

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday... 


Eskom's Duvha power station
Eskom defends pollution record, saying it’s spending billions
8th April 2024 By: Bloomberg

South Africa’s State power utility, stung by reports about the health impacts of emissions from burning coal, said it’s spending billions of dollars to reduce them and has an ambitious target to... 


Jeremy Weir
Succession drama grips commodity trading’s billionaire factories
8th April 2024 By: Bloomberg

Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of... 


Andrew Forrest
Forrest urges China to demand greener nickel, FT reports
8th April 2024 By: Reuters

Australian mining magnate Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in... 


Creamer Media's Roads, Rail & Ports cover
Roads, Rail & Ports 2024: Inefficiencies reach new lows
5th April 2024 By: Creamer Media Reporter

Creamer Media’s ‘Roads, Rail & Ports 2024’ report reflects upon the current state of South Africa’s roads, delving into the some of the issues that are plaguing the sector such as maintenance... 


Stanmore buys rest of Eagle Downs
Stanmore buys rest of Eagle Downs
5th April 2024 By: Creamer Media Reporter

Australian coal miner Stanmore Resources is taking full control of the Eagle Downs assets, in the Bowen basin of Queensland. The company entered into an agreement with China Baowu Steel Group... 


Seriti Green CEO Peter Venn
RMB facilitates project financing for Seriti Green’s first wind farm in Mpumalanga
5th April 2024 By: Marleny Arnoldi

Mining and energy company Seriti Resources’ subsidiary Seriti Green has signed a long-term project financing agreement with Rand Merchant Bank (RMB) as co-mandated lead arranger to enable the... 


Teck Q1 coal sales in line with guidance
Teck Q1 coal sales in line with guidance
5th April 2024 By: Creamer Media Reporter

Canadian mining company Teck Resources has reported first-quarter steelmaking coal sales of 5.9-million tonnes, which is in line with its guidance of 5.9-million to 6.3-million tonnes. The... 


UCT research team develops ‘new set of tools’ to support mine closure planning in South Africa
5th April 2024 By: Natasha Odendaal

A new set of tools aimed at assisting in responsible and sustainable mine closures across South Africa has been developed by a University of Cape Town (UCT) research team through a Water Research... 


A large sign next to the road at the entrance to the Mponeng Mine owned by Harmony Gold that states it is the deepest mine globally
Deep-level investment
5th April 2024 By: Halima Frost

Gold major Harmony’s strategy is to direct major capital towards its high-grade underground mines and high-margin surface source operations to improve profitability. The decision to extend Mponeng,... 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


Terence Creamer
Out of step
5th April 2024 By: Terence Creamer

Following wholly inadequate public consultations, stakeholders have submitted their written comments on the Department of Mineral Resources and Energy’s (DMRE’s) draft Integrated Resource Plan.... 


Chile port workers stage protests, threatening commodity exports
4th April 2024 By: Bloomberg

Chilean port workers staged protests on Thursday, disrupting the loading and unloading of ships in one of the biggest exporters of raw materials from copper and lithium to pulp and fruit. A... 


India coal miner plans $720m sale of renewables unit
3rd April 2024 By: Bloomberg

State-run coal miner and power producer NLC India is planning to sell renewable assets worth an estimated 60-billion rupees ($720-million). The company will put nearly 1.4 GW of mostly solar... 


China’s coal price slump likely to persist until start of summer
China’s coal price slump likely to persist until start of summer
3rd April 2024 By: Reuters

Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners. The country’s benchmark... 


Deutsche Bank says Glencore may consider switching listing to US
Deutsche Bank says Glencore may consider switching listing to US
3rd April 2024 By: Bloomberg

Glencore may consider switching its primary listing from London to New York, analysts at Deutsche Bank predicted, in what would be one of the most high-profile exits from the UK exchange to date.... 


Benjamin Sibanda, Managing Director, Mato Products – a Multotec Group company
MATO Products continues to lead the conveyor belt fastener and cleaner market in Botswana
2nd April 2024

Conveyor belt solutions company MATO Products, member of the Multotec Group, is paving the way in the Botswana mining market with its innovative belt fastening systems, range of lacing equipment,... 


Whitehaven completes metallurgical coal buy from BHP
2nd April 2024 By: Creamer Media Reporter

Australian miner Whitehaven coal has completed its acquisition of the Daunia and Blackwater metallurgical coal mines from BHP and Mitsubishi Development. The BHP Mitsubishi Alliance (BMA) sold the... 


On-The-Air (29/03/2024)
On-The-Air (29/03/2024)
29th March 2024 By: Martin Creamer

On-The-Air (15/03/2024) 


Bridge disaster leaves some US coal miners with few options
29th March 2024 By: Bloomberg

The catastrophic shipping accident that’s choked off Baltimore harbor is leaving few options for some US coal exporters, with Consol Energy facing the biggest threat to its operations. “Consol has... 


Vodacom SA awarded 5-Star Green Star certification
29th March 2024 By: Natasha Odendaal

Telecommunications group Vodacom South Africa has been awarded 5-Star existing building performance (EPB) certifications for two of its buildings, Vodacom’s Business Park and Corporate Park, at its... 


 An image if Professor Nicola Wagner
Coal mining remains important
29th March 2024 By: Trent Roebeck

A prosperous future for the coal mining industry in South Africa depends on public and private sector parties tapping into its vast coal reserves, and power generation processes by State-owned... 


An image of a coal mining facility
New longwall commissioned in war zone
29th March 2024 By: Donna Slater

Forty kilometres from the front line of the war in Ukraine, vertically integrated mining and metals company Metinvest has commissioned its eleventh longwall for coking coal in Block 10 of the... 


An image of learners receiving an award for being top achievers
Coal miner uplifts schools to improve learning environment
29th March 2024

Diversified miner Glencore’s South African coal mining division demonstrated its commitment to helping progress school learners through donations of key digital equipment. These donations include... 


An image of Christina Ramotsabi
Spiral beneficiation boost for coal industry
29th March 2024 By: Trent Roebeck

Original equipment manufacturer for the mineral processing industry Multotec is making excellent headway in putting its SX10 spiral separator – which has been subjected to development processes... 


Bell posts 66% rise in full-year profit
28th March 2024 By: Marleny Arnoldi

JSE-listed heavy machinery manufacturer Bell Equipment has posted a 66% increase in profit for the year ended December 31, 2023, to R793-million. Following unprecedented global demand for equipment... 


A coal-fired power plant operated by Eskom
Draft IRP 2023 lacks environmental, health, climate commitments, says Life After Coal
27th March 2024 By: Schalk Burger

Coal phase-out campaign the Life After Coal Campaign, in its comments on the draft Integrated Resource Plan (IRP) 2023, said the plan has fundamental flaws and expressed skepticism in the plan's... 


China coal industry group says output at accident-hit mining hubs back to normal
China coal industry group says output at accident-hit mining hubs back to normal
27th March 2024 By: Reuters

Coal mining output at accident-hit mining districts of Shaanxi and Inner Mongolia in China's north have returned to normal, a major coal industry group said on Wednesday. A recent spike in coal... 


Resources Watch
Resources Watch
27th March 2024

This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public... 


Baltimore bridge collapse will likely block coal exports for weeks
Baltimore bridge collapse will likely block coal exports for weeks
27th March 2024 By: Bloomberg

The collapse of a major Baltimore bridge is likely to shut down coal exports for as many as six weeks and block the transport of up to 2.5-million tons of coal, said Ernie Thrasher, CEO of Xcoal... 


Transnet Freight Rail’s North Corridor achieves weekly record
26th March 2024 By: Tasneem Bulbulia

Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current... 


An image showing new equipment at the Richards Bay Multipurpose Terminal
Richards Bay Multipurpose Terminal takes delivery of cargo handling equipment
26th March 2024 By: Tasneem Bulbulia

The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels.... 


An image of coal at the Richards Bay Coal Terminal
Optimum coal to be exported from Richards Bay terminal from next month
25th March 2024 By: Tasneem Bulbulia

Richards Bay Coal Terminal (RBCT), Liberty Coal/Liberty Coal Terminal and the business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Optimum Coal Terminal (OCT) have reached an... 


US US Secretary of Energy Jennifer Granholm
$475m in US govt funding for clean energy projects on former mine land
25th March 2024 By: Creamer Media Reporter

The US Department of Energy (DoE) has announced up to $475-million in funding for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment... 


Coal is preparing for a long goodbye
Coal is preparing for a long goodbye
25th March 2024 By: Bloomberg

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity —... 


Major investors more confident in Australia’s climate policy
25th March 2024 By: Bloomberg

Investors with a combined A$35-trillion in assets are becoming more optimistic about Australia’s climate policy, with roughly half considering financing renewable-energy projects, according to an... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


The Illawarra coal operations
M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the... 


AECI, Copper 360, public-private partnership make headlines
AECI, Copper 360, public-private partnership make headlines
22nd March 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate... 


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