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Eskom CEO Dan Marokane
Eskom holds back from declaring end to loadshedding pending return of delayed units
26th August 2024 By: Terence Creamer

Eskom has refrained from officially declaring an end to loadshedding despite having operated for more than 150 days without implementing rotational cuts; a period that coincided with the... 


Among the range of benefits of dry-type transformers is the limited maintenance they need
Minimal maintenance for dry-type transformers
26th August 2024

With minimal levels of maintenance needed, dry-type transformers offer reliable performance over lengthy lifespans, with few of the risks and hazards associated with oil cooled transformers.... 


ARM warns of an up to 50% y/y decrease in headline earnings
26th August 2024 By: Darren Parker

JSE-listed African Rainbow Minerals (ARM) has warned that its headline earnings for the 2024 financial year are expected to decrease by between 40% and 50% year-on-year to between R4.49-billion and... 


Coal hub Australia sees need to improve methane accounting
Coal hub Australia sees need to improve methane accounting
26th August 2024 By: Bloomberg

Australia will aim to provide more accurate assessments of methane emissions after a review of the nation’s climate accounting recommended improvements. The country, which has committed to cutting... 


Iron-ore stockpiles
BMI revises 2024 iron-ore price forecast lower to $110/t
23rd August 2024 By: Darren Parker

Market analysis firm BMI, a Fitch Solutions company, has revised down its 2024 iron-ore price forecast from an average of $120/t to $110/t, as subdued demand in mainland China amid the ongoing... 


Queensland halts Byerwen mine’s heavy trucks after second fatality in a month
Queensland halts Byerwen mine’s heavy trucks after second fatality in a month
23rd August 2024 By: Mariaan Webb

Queensland’s mining regulator has issued a director suspending the use of all heavy vehicles at the Byerwen coal mine after Thursday’s fatal accident. According to the Mining and Energy Union... 


Canadian Prime Minister Justin Trudeau
Canada tries to end railway lockout, sends dispute to labour body
23rd August 2024 By: Bloomberg

Prime Minister Justin Trudeau’s government stepped in to try to end a work stoppage at Canada’s two largest railways that has brought rail traffic to a halt. Labor Minister Steven MacKinnon asked... 


Miners tap trucks, divert shipments to sidestep Canada rail woes
Miners tap trucks, divert shipments to sidestep Canada rail woes
23rd August 2024 By: Bloomberg

Two mining giants are re-routing shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations. Rio Tinto Group... 


An image of Eskom primary energy GM Dan Mashigo
No indefinite end to loadshedding – Eskom
23rd August 2024 By: Nadine Ramdass

While South Africa is experiencing a significant period during which there is no loadshedding, more time is needed before State-owned electricity utility Eskom can confidently declare an end to... 


An image of an Eskom substation and cooling towers
Eskom committed to sustainable future
23rd August 2024 By: Nadine Ramdass

State-owned electricity utility Eskom is focusing on reducing coal intensity and expanding renewable energy as part of its commitment to a sustainable future. This shift in strategy prioritises... 


Four large bricks of platinum on a white background
Survey highlights PGMs’ socioeconomic contribution
23rd August 2024

To develop an improved understanding of the extent to which mining matters to nearby communities, and more broadly to South Africa as a whole, mining industry lobby association Minerals Council... 


Women in Industry - ECS Associates
Women in Industry - ECS Associates
23rd August 2024

Leaders in PMO services through collaborative project strategies, contract advisory consulting and training. Engineering consultants ECS Associates has great pleasure in honouring Engineering... 


N3 freeway truck chargers MoU signed
23rd August 2024 By: Irma Venter

Zero Carbon Logistics (Zero CL) has signed a memorandum of understanding (MoU) with Chinese heavy equipment manufacturer Sany to be the technology provider for its proposed off-grid electric truck... 


Photo of Terence Creamer
Upward pressure
23rd August 2024 By: Terence Creamer

At the first meeting between members of the Cabinet and senior business leaders since the formation of the Government of National Unity it was agreed that the National Energy Crisis Committee... 


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Women in Industry - EnFloTech
23rd August 2024 By: Yolande Botes

Enflotech is the industry leader in coal and biomass milling plant solutions, offering a comprehensive value chain that includes design, manufacturing and installation. The company’s dynamic... 


GARY CORIN Ninety-three percent of exhibitors at the 2024 Electra Mining hail from South Africa
[WATCH] Electra Mining Africa 2024: A record-breaking event in the making
22nd August 2024 By: Mariaan Webb

As the countdown to Southern Africa’s biggest trade show begins, the excitement for Electra Mining Africa is reaching fever pitch. Exhibitors, participants and visitors are all preparing for an... 


Whitehaven sells 30% of Blackwater coal mine for $1.08bn
Whitehaven sells 30% of Blackwater coal mine for $1.08bn
22nd August 2024 By: Mariaan Webb

Australia’s Whitehaven Coal on Thursday announced the sale of a 30% stake in the Blackwater metallurgical coal mine, near Emerald in Queensland, for $1.08-billion in cash. The ASX-listed company... 


Peabody rises after Thomist takes stake, suggests buybacks
Peabody rises after Thomist takes stake, suggests buybacks
22nd August 2024 By: Bloomberg

Peabody Energy rose more than 7% after Thomist Capital Management disclosed a 9.96% stake and urged the coal miner to buy back shares. Thomist suggested to Peabody management that the company... 


Arch merges with Consol to create a coal-export powerhouse
Arch merges with Consol to create a coal-export powerhouse
22nd August 2024 By: Bloomberg

US coal producer Arch Resources Inc. agreed to merge with rival Consol Energy in a $2.3-billion deal aimed at creating a North American mining heavyweight to deliver the fuel around the world. The... 


Resources Watch
Resources Watch
21st August 2024

This week: Africa delivers ‘usual reliable performance’ with steady output, lower costs; Merafe reports R720m half-year profit on higher chrome ore prices, weaker currency and, Exxaro expecting... 


China’s exports of critical minerals recover after curbs imposed
21st August 2024 By: Bloomberg

Chinese exports of critical minerals are returning to more normal levels, undercutting fears that the restrictions imposed by the government last year could choke off supplies crucial to high-tech... 


Coal stockpiles at a mine in Virginia in the US
Coal miner Arch Resources is said to be in talks to merge with Consol
21st August 2024 By: Bloomberg

Arch Resources is nearing an agreement to merge with Consol Energy in a combination that would create a $5-billion coal mining company, according to people familiar with the matter. An agreement... 


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Pilot Crushtec
21st August 2024

With over three decades of experience in the crushing, screening and materials handling industry, Pilot Crushtec International is not only an approved distributor of world class leading brands such... 


Coal-rich Indian state to pass mining tax after court ruling
20th August 2024 By: Bloomberg

The Indian state of Jharkhand has passed a bill imposing mining taxes, according to people familiar with the matter, a move that’s set to inflate the prices of minerals from coal to bauxite. The... 


Menar MD Vuslat Bayoglu.
Menar envisages reviving Metalloys smelter, selling beneficiated manganese to world
20th August 2024 By: Martin Creamer

Menar, which recently signed a deal to acquire Samancor’s Metalloys, envisages reviving the ferromanganese smelting complex and exporting  beneficiated manganese to the world. “It’s an exciting... 


Coal stockpiles at Rukwa project
Shuka unable to immediately draw down funds from AUO
20th August 2024 By: Marleny Arnoldi

Aim-listed Shuka Minerals, which operates the Rukwa coal project in Tanzania, has asked to draw down £500 000 for general working capital purposes from a £2-million convertible note instrument with... 


Sasol's Secunda plant
Sasol profit plunges 66% on weak chemical prices, skips final dividend
20th August 2024 By: Reuters

South African petrochemicals company Sasol reported a 66% fall in full-year profit on Tuesday, mainly due to weaker chemical prices, and skipped a final dividend. Headline earnings, which strip out... 


Initial bids for Anglo's Australian coal mines next month, sources say
Initial bids for Anglo's Australian coal mines next month, sources say
20th August 2024 By: Reuters

First-round bids for Anglo American's Australian metallurgical coal mines are due by September 9, two sources said on Tuesday, as CEO Duncan Wanblad takes initial steps to simplify the company... 


Thungela CEO July Ndlovu
Thungela’s underwhelming interim results attributed to coal price dips, rail inefficiencies
19th August 2024 By: Darren Parker

Coal producer Thungela has blamed an unfavourable price environment across the Richards Bay and Newcastle Benchmark coal prices, together with the continued underperformance by State-owned Transnet... 


Canada-wide freight rail stoppage looms this week as two firms issue lockout notices
Canada-wide freight rail stoppage looms this week as two firms issue lockout notices
19th August 2024 By: Reuters

Canada's freight rail network could come to a grinding halt this week, inflicting a huge economic toll after the country's two largest railroad operators on Sunday issued lockout notices to the... 


Woodside gets environmental go-ahead for Scarborough project; key green group backs down
Woodside gets environmental go-ahead for Scarborough project; key green group backs down
19th August 2024 By: Reuters

Woodside's $12.5-billion Scarborough gas project in Western Australia has all primary environmental approvals in place, the firm said on Monday, after a green group agreed to dismiss its challenge... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


Whitehaven Coal to cut 192 jobs at mines purchased from BHP
Whitehaven Coal to cut 192 jobs at mines purchased from BHP
16th August 2024 By: Reuters

Australia's Whitehaven will cut 192 jobs at the Daunia and Blackwater coking coal mines it took over from global miner BHP Group, its spokesperson told Reuters on Friday, adding to a slew of roles... 


Exxaro CEO Dr Nombasa Tsengwa.
Exxaro expecting interest rates to begin to lower during the remainder of this year
15th August 2024 By: Martin Creamer

Johannesburg-listed coal and energy company Exxaro is expecting the Federal Reserve, the European Central Bank, the Bank of England and the South African Reserve Bank, among others, to start... 


China's thermal power generation falls for third month in July despite record heat
15th August 2024 By: Reuters

 China's thermal power generation in July fell from a year earlier for a third month even though the country recorded its hottest month in recent history, sending power use rising, statistics... 


Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'
Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'
15th August 2024 By: Reuters

North American industry groups and shippers are bracing for an unprecedented simultaneous stoppage at both of Canada's main railway companies that could inflict billions of dollars' worth of... 


Exxaro CEO Nombasa Tsengwa.
Exxaro declares interim dividend on higher revenue, lower profit
15th August 2024 By: Martin Creamer

Mining and renewable energy company Exxaro Resources has declared an interim dividend in reporting its interim results for the six months to June 30. Half-year revenue of the Johannesburg Stock... 


Energy Council of South Africa CEO James Mackay
‘Necom 2.0’ to focus on system-wide constraints to electricity security and affordability
14th August 2024 By: Terence Creamer

Amid waning loadshedding, government and business have agreed to begin “repurposing” the National Energy Crisis Committee (Necom) to shift focus from interventions aimed at arresting the... 


South Africa's mining production decreased by 3.5% y/y in June
13th August 2024 By: Creamer Media Reporter

South Africa's mining production decreased by 3.5% year-on-year in June, with gold, platinum group metals (PGMs), coal and "other" metallic minerals having made the biggest negative contributions.... 


Coal being transported on TFR's coal rail line
South Africa's coal export line will need five years to refurbish
13th August 2024 By: Bloomberg

South Africa’s State-owned rail company needs $669-million and five years to upgrade equipment to revive performance of its main export coal line, according to an internal report. Coal shipments... 


Barrick CEO Mark Bristow
Barrick open to being partner in Cobre Panama mine, CEO says
13th August 2024 By: Reuters

Barrick Gold stands ready to be a partner in the Cobre Panama copper mine once the Panamanian government decides on the disputed asset's future, Mark Bristow, CEO of the Canadian gold and copper... 


Tribunal approves ARM’s buyout of remaining Nkomati JV stake
12th August 2024 By: Sabrina Jardim

The Competition Tribunal has unconditionally approved African Rainbow Minerals’ (ARM’s) proposed transaction to acquire the remaining participation interest in the Nkomati joint venture (JV) and an... 


On-The-Air (09/08/2024)
On-The-Air (09/08/2024)
9th August 2024 By: Martin Creamer

Martin Creamer talking on copper, gold and ferrochrome. 


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