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Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


The Arnot power station
Eskom arrests suspected coal-swapping thief
11th June 2024 By: Schalk Burger

State-owned power utility Eskom says the security investigation team at its Arnot power station has arrested a truck driver, who is suspected of having participated in the swapping out of coal... 


A coal-fired power station
Civil society coalition emphasises need for accountability, transparency, equity to achieve a ‘fair’ just transition
10th June 2024 By: Schalk Burger

A coalition of civil society organisations from Indonesia, Senegal, South Africa and Vietnam on June 10 launched their ‘Principles for a Fair Just Energy Transition Partnership (JETP)’, which... 


TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
10th June 2024 By: Martin Creamer

A 15-year agreement involving the supply of an initial 70 000 t of green hydrogen a year has been signed by TotalEnergies and Air Products. TotalEnergies, which is active in some 120 countries and... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector
10th June 2024 By: Creamer Media Reporter

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive,... 


Colombia President Gustavo Petro says coal exports to Israel will be halted.
Colombia halts coal exports to Israel over Gaza war
10th June 2024 By: Reuters

Colombia's President Gustavo Petro on Saturday said the country, which is reported to be Israel's biggest supplier of coal, will suspend exports of the fuel source to Israel over its assault on the... 


Major world economies seek to halt new private sector coal financing
Major world economies seek to halt new private sector coal financing
7th June 2024 By: Reuters

Some of the world's major economies want to finalise a plan ahead of this year's UN climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the... 


China's May coal imports rise 11% on lower domestic output
7th June 2024 By: Reuters

China's imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this year led to increased shipments of international coal.... 


Indonesia to grant coal mine asset to Islamic group Nahdlatul Ulama
7th June 2024 By: Reuters

Indonesia is set to award a coal mining concession to the country's largest Islamic group, Nahdlatul Ulama (NU), next week to provide it with a source of income, a Cabinet minister said on Friday.... 


South Africa pioneered hydrogen haul truck.
World Hydrogen alerted to benefit of South Africa’s zero-emission hydrogen haul truck
7th June 2024 By: Martin Creamer

One hydrogen haul truck eliminates the deleterious carbon emissions of the equivalent of 700 cars, First Mode global hydrogen sourcing director James Betts highlighted during this week’s World... 


Israel risks losing Colombian coal supplies over Gaza war
Israel risks losing Colombian coal supplies over Gaza war
7th June 2024 By: Bloomberg

Colombia’s trade ministry is calling for a restriction on coal sales to Israel in the latest bid to isolate the Jewish state as the death toll rises in its Gaza campaign. The ministry made the... 


MOZAMBIQUE POTENTIAL
Mozambique continues to attract international interest and aims to bolster its position as a key mining hub in Southern Africa
Long-term unlocking of vast resources potential gaining ground
7th June 2024 By: Simone Liedtke

Mozambique’s mining industry has been a significant driver of economic growth over the past two decades. With vast mineral resources, including heavy sands, coal, magnetite, graphite, lithium, gold... 


LARA SMITH
Mozambique’s recent surge in mining activity is largely owing to the discovery of new natural resources
Mining sector shows significant growth trajectory in Africa – consultancy
7th June 2024

Underscoring Mozambique’s significant mining sector growth is President Filipe Nyuse’s affirmation, through a statement, that Mozambique’s extractive industry amassed revenue exceeding... 


Eskom CEO Dan Marokane
Marokane says R285m spent on diesel in May compared with R2.8bn in May 2023
6th June 2024 By: Terence Creamer

Eskom CEO Dan Marokane has rebuffed persistent suggestions that the utility is keeping loadshedding at bay owing to an “excessive” reliance on the diesel-fuelled open cycle gas turbines, reporting... 


A wind turbine and a fossil fuel-powered plant
Investment in clean energy to reach $2tr this year, outpacing investment in fossil fuels
6th June 2024 By: Bloomberg

Investment in clean energy technologies will climb to $2-trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA). Two-thirds of the... 


A farm in South Africa
GDP decreased by 0.1% in the first quarter
4th June 2024 By: Creamer Media Reporter

South Africa’s GDP decreased by 0.1% in the first quarter of this year, Statistics South Africa reports. The manufacturing industry decreased by 1.4% in the first quarter, contributing -0.2 of a... 


Miner dies in Virginia coal mine accident
Miner dies in Virginia coal mine accident
3rd June 2024 By: Mariaan Webb

Metallurgical coal producer Coronado Global Resources halted production at the Buchanan underground complex in Virginia, US, on Friday evening, after a 27-year old miner lost his life when a loose... 


The above image depicts a truck that makes use of the JustWeighs system that provides coal producers with the ability to tract tonnages from pit to plant without the use of manual weighbridge slips
AI weighbridge solutions combat coal corruption
31st May 2024 By: Lynne Davies

Weighbridge automation solutions provider JustWeighs recently developed and launched its new AI and surveillance equipment to combat coal transportation corruption and illicit trading. The company... 


The above image depicts the WX07 LHD which has been engineered for demanding underground environments and designed for small, narrow-vein applications with limited manoevering space
New LHD engineered for hard-rock mining
31st May 2024

In an environment where cost control and remaining competitive and financially viable are constant challenges for operators of underground hard rock mines, mobile machinery manufacturer Komatsu... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


Glencore CEO Gary Nagle
Glencore to consult investors on coal spinoff after Teck deal
29th May 2024 By: Bloomberg

Glencore will start consulting with shareholders on the future of its coal business as soon as its deal to buy Teck Resources’ mines closes later this year. Crucially, Glencore said that should... 


Anglo American's head office in South Africa
BHP, Anglo dig in even as takeover talks deadline nears, sources say
28th May 2024 By: Reuters

BHP was struggling to find common ground with Anglo American on Tuesday in talks over its takeover offer, with no new concessions as a deadline nears for the world's biggest miner to submit a... 


Europe’s biggest pension fund sells €10bn in fossil fuels
28th May 2024 By: Bloomberg

Europe’s biggest pension fund, Stichting Pensioenfonds ABP, has exited all liquid assets in oil, gas and coal worth about €10-billion, in an effort to be greener. The last shares and bonds owned... 


BlueScope waives Illawarra pre-emptive rights
BlueScope waives Illawarra pre-emptive rights
28th May 2024 By: Creamer Media Reporter

The sale of the Illawarra metallurgical business to an entity owned by Singapore’s Golden Energy and Resources and coal trader M Resources remains on track to be completed in the first half of the... 


PCC executive director Dr Crispian Olver
Delayed coal decommissioning won’t ‘collapse our climate commitments’
27th May 2024 By: Terence Creamer

The Presidential Climate Commission (PCC) is currently assessing the impact of South Africa’s decision to delay the decommissioning of the Hendrina, Grootvlei and Camden coal-fired power stations... 


A truck delivering coal to a power station
Uncertainty over coal jobs ahead of South Africa elections
27th May 2024 By: Reuters

Growing up surrounded by the towering smokestacks of coal-fired power stations, 22-year-old Siya Mokoena's life is inextricably linked to the coal industry that dominates his hometown of Emalahleni... 


Lack of funding remains a big concern for coal juniors
24th May 2024 By: Sabrina Jardim

Amid challenging market conditions, junior coal miners in Africa face challenges in securing funding, with about 70% experiencing constraints in exploration and production owing to insufficient... 


MC Mining acknowledges Goldway’s plans to buy all outstanding shares
24th May 2024 By: Darren Parker

ASX-, JSE- and Aim-listed MC Mining has acknowledged the announcement made on May 22 by investment firm Goldway Capital Investment regarding an offer to compulsorily buy out certain ordinary shares... 


An image of the Masama Coal Mine at sunset
Operations resume at coal mine
24th May 2024 By: Nadine Ramdass

Coal mining and trading company Minergy Coal has resumed production at its Masama coal mine, in the Mmamabula West coalfield of southern Botswana, after successfully entering a mining contract with... 


Pakistan coal miners face expansion issue as China stops funding
Pakistan coal miners face expansion issue as China stops funding
23rd May 2024 By: Bloomberg

Chinese and other major lenders are increasingly reluctant to invest in Pakistan’s expansion of coal mines, according to the head of a local producer. “The real challenge for us is financing,”... 


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