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Research agency BMI has maintained its Australian coking coal price forecast for this year at $260/t, as prices remain under pressure as a result of weak demand. BMI notes in its ‘Coking Coal...
Petrochemicals giant Sasol has reported a 3% year-on-year increase in mining productivity for the 2024 financial year ended June 30, with productivity of 983 tons per continuous miner per shift...
A consortium led by Singapore's Golden Energy and Resources (GEAR) has secured $850-million to buy South32's Australian coking coal assets, two sources told Reuters, as private credit continues to...
Energy demand growth is forecast to be among the highest levels this year and next, compared with the last two decades, the International Energy Agency (IEA) notes in its ‘Electricity Mid-Year...
South Africa’s National Treasury plans to lay out its proposals for how to regulate carbon markets in the country in the next few months. The government department said it plans to publish a...
Australian coal miner Whitehaven is forecasting higher metallurgical coal prices over the near and long term, citing production constraints of hard-coking coal from Australian producers, combined...
Seriti Green, a Seriti Resources subsidiary, is progressing the country’s first majority black-owned wind farm, the Ummbila Emoyeni project in Mpumalanga, which would also mark the province’s...
Eskom has lodged a surprise objection to the issuance of licences to private traders in areas where its distribution entity currently holds a licence, arguing that the current rules of the National...
The African Development Bank Group (AfDB) has approved an R18.85-billion, or $1-billion, corporate loan to South Africa's State-owned freight transport and logistics group Transnet for its recovery...
Mining and industrial machinery developer and manufacturer Komatsu’s Smart Services Centre, in eMalahleni, is capitalising on data to assist coal mining companies to optimise productivity, ensure...
ASX-listed Clara Resources on Wednesday announced the completion of the Renison Coal acquisition and is now the sole owner of the Ashford coking coal project, in New South Wales. Clara bought the...
Forestry, Fisheries and the Environment Minister Dr Dion George has promised “wide consultation” on South Africa’s next nationally determined contribution (NDC) decarbonisation pledge that will be...
Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development...
The carbon intensity of our economy has become unsustainable, President Cyril Ramaphosa writes in his latest weekly newsletter, published ahead of his address to a climate finance symposium being...
The leaders of three southern African nations signed a deal to proceed with a rail and port project to help land-locked Botswana export its massive coal reserves through a Mozambican port, though...
China's coal imports in June rose 12% year-on-year, customs data showed on Friday, as heatwaves in the world's top consumer of the fuel supported demand. Shipments to China were 44.6-million...
Canadian mining giant Teck Resources has successfully concluded its exit from coal with the conclusion on Thursday of the sale of its remaining 77% stake in its Elk Valley Resources (EVR)...
ASX-listed New Age Exploration (NAE) on Thursday announced the sale of its Lochinvar coal project, in the UK. Selling the Lochinvar project will enable NAE to focus its exploration efforts at its...
Mining production was flat in May, compared with May 2023. Statistics South Africa reports that the main positive contributors were coal and chromium ore, while gold and platinum group metals...
China didn’t permit any coal-based steelmaking projects in the first half of the year for the first time since announcing its major climate neutrality goals in 2020, according to a report released...
Zambia’s energy regulator approved the construction of the nation’s second coal-fired power plant, as its worst drought in decades cut output at the hydroelectric dams that account for most of its...
ASX-listed Bowen Coking Coal (BCB) has completed the previously announced sale of a 10% interest in the Broadmeadow East mine for A$13-million in cash and royalties. MPC Lenton, a subsidiary of...
Australian coal stocks are headed for their best week in years after a fire shut down one of country’s major mines, with Morgan Stanley seeing further upside for the commodity. Whitehaven Coal is...
Australia's Mining And Energy Union has reached an agreement with Anglo American to extend pay until August-end for workers at its Grosvenor mine that was shut earlier this week due to an ongoing...
The Australian Foreign Investment Review Board has approved the sale of diversified miner South32’s Illawarra metallurgical coal assets to an entity owned by Singapore’s Golden Energy and Resources...
The Canadian government has approved commodities major Glencore’s acquisition of Teck Resources’ metallurgical coal business, Elk Valley Resources (EVR). The $6.9-billion transaction for a 77%...
BHP has notified tens of thousands of its workers across the globe that it was cutting their incentive pay after the miner failed to meet its performance goals, the Australian Financial Review...
South Africa is seeking to alter the terms of a landmark agreement under which it promised to cut its reliance on coal in exchange for access to financing. The government of President Cyril...
Anglo American is considering options to push ahead with a sale of its coal business after an explosion at its flagship Australian mine, including the possibility of selling individual assets or...
Mining services firm Macmahon Holdings has been reappointed as mining contractor at the Dawson South project, in Queensland. Dawson South forms part of Anglo American’s Dawson mine, an opencut...
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