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Exxaro Financial Director Riaan Koppeschaar.
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
3rd December 2024 By: Martin Creamer

Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending... 


Russia cancels exchange rate duty for coking coal, government says
29th November 2024 By: Reuters

ussia has cancelled an exchange rate duty for coking coal and extended a moratorium on such a duty for thermal coal and anthracite, the government said on Friday, saying the decision was aimed at... 


Reports of coal’s demise ‘greatly exaggerated’, says Bowen outgoing chair
Reports of coal’s demise ‘greatly exaggerated’, says Bowen outgoing chair
29th November 2024 By: Mariaan Webb

Australian miner Bowen Coking Coal outgoing executive chairperson Nick Jorss has defended the future of coal, asserting that the reports of the fossil fuel’s demise are “greatly exaggerated”. In... 


Australian Pacific Coal CEO resigns
29th November 2024 By: Creamer Media Reporter

Australian Pacific Coal (AQC), the owner of the Dartbrook coal mine, said on Friday that Ayten Saridas had resigned as CEO and that she had stepped down from the board of directors. Saridas, a... 


Magazine cover image
Coal ash liability can be asset for multiple industries
29th November 2024 By: Marleny Arnoldi

While State-owned electricity utility Eskom produces more than 34-million tons of coal ash a year, only 7% to 10% is beneficiated, with the remaining material accumulating in dumps scattered across... 


EXPANDED SERVICE
KonNx has expanded its capacity to offer full-service solutions to mining clients
Company advances cable solutions
29th November 2024 By: Simone Liedtke

Electrical cable coupler manufacturer KonNx Africa is meeting the growing demand in the African mining industry for safer and more efficient power solutions with its innovative high-voltage cable... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Australia says it is on track to meet 2030 emissions cut targets
27th November 2024 By: Bloomberg

Australia’s government said it is on track to meet its emissions cut targets by 2030, despite earlier concerns that the renewable energy rollout across the country wasn’t moving fast enough to meet... 


US miner Corsa explores PGM extraction from coal refuse
US miner Corsa explores PGM extraction from coal refuse
27th November 2024 By: Mariaan Webb

US-based metallurgical coal miner Corsa Coal has announced promising results from its investigation into the presence of valuable minerals in its coal refuse material. While the TSX-V-listed... 


China eyes alternatives as seaborne coal imports lose market share
China eyes alternatives as seaborne coal imports lose market share
27th November 2024 By: Creamer Media Reporter

China, the world's largest importer of coal, has seen a sharp decline in the share of coal it imports by sea. According to a new report from Oceanbolt, a commodity market intelligence provider of... 


Peabody lines up $2.1bn loan to buy Anglo’s coal business
Peabody lines up $2.1bn loan to buy Anglo’s coal business
26th November 2024 By: Bloomberg

Peabody Energy has obtained a $2.075-billion bridge loan from a mix of banks and private credit to back its acquisition of Anglo American’s steelmaking coal business. The US miner plans to... 


QRC's Janette Hewson
Qld exploration set for growth with policy certainty
26th November 2024 By: Creamer Media Reporter

Queensland’s exploration sector is set to unlock new opportunities and generate further economic benefits for the state, according to the Queensland Exploration Council’s (QEC) 2024 Exploration... 


Peabody transforms  metallurgical coal portfolio with Australian buy
Peabody transforms metallurgical coal portfolio with Australian buy
25th November 2024 By: Mariaan Webb

US-based coal miner Peabody Energy is set to transform its metallurgical coal production with the acquisition of four coal mines in Australia. The NYSE-listed announced it will pay $3.8-billion... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


Indonesia plans to slash coal to a third of energy mix by 2040, Minister says
22nd November 2024 By: Reuters

Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy... 


Liberty Coal launches court proceedings against illegal mining operations
22nd November 2024 By: Tasneem Bulbulia

Coal mining company Liberty Coal has launched proceedings out of the Mpumalanga division of the High Court of South Africa against another mining entity, in relation to alleged illegal mining... 


China’s coal bounty to keep prices in check over peak season
21st November 2024 By: Bloomberg

China’s abundance of coal is likely to forestall power outages and suppress prices, even as the country heads into what’s typically a peak season for consumption. Record supply, from domestic... 


SANEDI CEO Dr Titus Mathe
Remodelled draft IRP to be unveiled next week for limited public consultation
20th November 2024 By: Terence Creamer

A remodelled Integrated Resource Plan (IRP) for electricity will be released to the public next week and is expected to deviate materially from the heavily criticised draft IRP2023, which was... 


A truck carrying coal with a coal-fired power station in the background
Group of nations make COP29 pledge on no new unabated coal power
20th November 2024 By: Bloomberg

A total of 25 countries and the EU are pledging to commit to no new unabated coal power in their next round of national climate plans, the latest global pledge aimed at curbing use of the fuel.... 


Solar panels
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
20th November 2024 By: Bloomberg

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis. Since the switch in December last year, energy... 


Wind turbines and solar panels
Summit underscores importance of just energy transition, C&I industry
19th November 2024 By: Tasneem Bulbulia

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 


Open Mic
Affordability and Eskom inefficiencies come under scrutiny as Nersa hearings kick off
18th November 2024 By: Terence Creamer

The issues of electricity affordability and Eskom’s inefficiencies emerged as recurring themes as the National Energy Regulator of South Africa (Nersa) kicked off nationwide public hearings in Cape... 


Coal mines supplying steel mills will face new methane scrutiny
Coal mines supplying steel mills will face new methane scrutiny
15th November 2024 By: Bloomberg

Mines supplying coal for steelmaking will face new pressure over methane emissions as a United Nations watchdog expands its work. The International Methane Emissions Observatory will extend a... 


An image showing a gold nugget
Coal, gold weigh on mining industry’s production increases
15th November 2024 By: Tasneem Bulbulia

South Africa’s gold and coal sectors were the only sectors to post decreases in production for September and the situation is unlikely to turn around markedly in the near term. Statistics South... 


PV workers
AFD approves another €400m JET-linked policy loan to South Africa
14th November 2024 By: Terence Creamer

Agence Française de Développement (AFD) has approved another €400-million policy-based loan to support South Africa’s Just Energy Transition (JET), increasing its approvals to €700-million out of... 


freight train at railway crossing
Level crossing incidents not only cost lives but also the economy, TFR CEO says
14th November 2024 By: Darren Parker

Railway safety incidents, such as pedestrian and vehicle collisions at level crossings, are not only tragic but are severely undermining South Africa’s rail recovery plans, Transnet Freight Rail... 


Employees at the Grosvenor coal mine
Anglo American coal bidders down to three, say sources
13th November 2024 By: Reuters

The final bidders for Anglo American's Australian coal assets are down to Yancoal Australia, Stanmore Resources and Peabody Energy Corp, three sources with knowledge of the matter told Reuters. The... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


President Donald Trump
Climate skeptics urge Trump to boost coal, gut science in agencies
12th November 2024 By: Bloomberg

Activists who dispute the severity of climate change enjoyed cachet in Donald Trump’s first administration and salivated over the prospect of his return to the White House. Now that he’s won,... 


India thermal coal imports fall at fastest pace in 15 months
12th November 2024 By: Reuters

India's imports of thermal coal plunged by about a third on an annual basis in October, according to data analytics firms Bigmint and Kpler, due to slowing power generation and higher clean energy... 


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