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Glencore CEO Gary Nagle.
Glencore highlights strategic achievements, earnings 33% down
7th August 2024 By: Martin Creamer

iversified mining and marketing company Glencore on Wednesday highlighted what it described as “strong strategic achievements for the group over the year to date”. Against the backdrop of lower... 


Glencore chairperson Kalidas Madhavpeddi.
Glencore to continue to oversee responsible decline of thermal coal operations
7th August 2024 By: Martin Creamer

Diversified mining and marketing company Glencore is to continue to oversee the responsible decline of its thermal coal operations over time, the board has decided. While the decision has been... 


India shelves plan for coking coal import consortium, sources say
6th August 2024 By: Reuters

India has abandoned a plan to form a consortium of state-run companies for joint negotiations to import coking coal, a key raw material for steel, due to differences among mills over the grades... 


An iron-ore mine owned by Afrimat
Afrimat optimistic of improved second-half performance
6th August 2024 By: Creamer Media Reporter

Mid-tier mining and materials company Afrimat reports that steady progress is being made with the integration of the Lafarge business, which it acquired earlier this year, and that the suspension... 


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... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


Steel production
Steel giant sees first demand ‘green shoots’ in years as GNU prioritises infrastructure and localisation
1st August 2024 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA), which has been bemoaning weak domestic demand conditions for several years, reports that it is witnessing signs of “green shoots” in manufacturing... 


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... 


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... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
IRP2023 comments to be workshopped to ensure ‘credible’ outcome
29th July 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa has committed not to dismiss the more than 4 000 public comments received in response to the draft Integrated Resource Plan 2023 (IRP2023),... 


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... 


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,... 


Beneficiation, Seriti Green, iron-ore logistics make headlines
Beneficiation, Seriti Green, iron-ore logistics make headlines
26th July 2024

Mining Weekly Editor Martin Creamer discusses the Minerals Council South Africa's support of beneficiation where the economics make sense; Seriti Resources advancing into wind energy through Seriti... 


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.... 


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... 


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