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Weekly Coal Index Report
Weekly Coal Index Report
31st May 2021

If China thought it could depress the price of Australian coal by banning it, they must surely be unpleasantly suprised. As Chinese domestic prices are back on the boil, the Newcastle forward curve... 


Macsteel confirms court challenge against ‘unlawful’ extension of safeguard duties
Macsteel confirms court challenge against ‘unlawful’ extension of safeguard duties
27th May 2021 By: Terence Creamer

Opposition to the extension of safeguard duties on steel imports is intensifying, with the country’s leading merchant challenging the extension of the duties in court and with others even... 


Harmony CEO Peter Steenkamp receiving his Covid-19 vaccination at the Medscheme Health Facility in Florida, Roodepoort.
Newly elected Minerals Council office bearer vaccinated
27th May 2021 By: Martin Creamer

Harmony CEO Peter Steenkamp, who was elected a Minerals Council South Africa VP on Wednesday, braved Thursday’s early morning chill to receive his Covid-19 vaccination at the Medscheme Health... 


Monument reports Covid cases at Malaysia mine
26th May 2021 By: Creamer Media Reporter

Canadian gold producer Monument Mining has temporarily shut down its Selinsing gold mine, in Malaysia, after three employees tested positive for Covid-19. Personnel with direct contact have been... 


Public Enterprises Minister Pravin Gordhan
Eskom debt solution remains a ‘work in progress’ despite reduction to R401bn
25th May 2021 By: Terence Creamer

Public Enterprises Minister Pravin Gordhan reported on Tuesday that, while Eskom was able to reduce its debt by R83-billion, from R484-billion to R401-billion, during the 2021 financial year,... 


50 MW reform won't hurt Eskom and would stimulate recovery, leading proponent outlines in submission
50 MW reform won't hurt Eskom and would stimulate recovery, leading proponent outlines in submission
25th May 2021 By: Terence Creamer

The organisation whose initial analysis indicated that reforming Schedule 2 of the Electricity Regulation Act to exempt embedded generation projects of at least 50 MW in size from the country’s... 


Aneesh Mistra, CEO Sedibeng Iron Ore
South Africans right to be very proud of country’s iron-ore – IMR
24th May 2021 By: Martin Creamer

South Africans are well within their rights to be very proud of the iron-ore that is produced in the country. That is the view of Sedibeng Iron Ore CEO Aneesh Misra, who is also MD of IMR South... 


Urgent need to ramp up private vaccination sites to match dose delivery schedule
Urgent need to ramp up private vaccination sites to match dose delivery schedule
21st May 2021 By: Terence Creamer

The number of private vaccination sites will need to be ramped-up aggressively in the coming weeks if South Africa is to reach the daily inoculation tempo of 192 000 required by the start of June... 


Operation Vulindlela ‘close to resolving’ debate on easing path for distributed power projects
Operation Vulindlela ‘close to resolving’ debate on easing path for distributed power projects
21st May 2021 By: Terence Creamer

Deputy Finance Minister David Masondo reports that Operation Vulindlela is close to resolving an ongoing policy discussion within government on the reforms needed to increase electricity supply “by... 


Mark Cutifani with chart showing thin slither at the top representing mining's 0.04% global footprint.
Climate is global issue that exceeds anything seen in centuries – Anglo
20th May 2021 By: Martin Creamer

Recent generations have defined the environment as a critical issue for humanity and climate change represents a new and sharper focus that exceeds any single global issue that we have seen in... 


Iluka looks at suspending ops in Sierra Leone
20th May 2021 By: Esmarie Iannucci

Mineral sands miner Iluka Resources has announced plans to temporarily suspend its Sierra Rutile operations, in Sierra Leone. The ASX-listed miner on Thursday told shareholders that it had provided... 


Woodside advances green ammonia work
20th May 2021 By: Esmarie Iannucci

Oil and gas major Woodside has inked a heads of agreement with IHI Corporation and Marubeni Corporation to investigate the production and export of green ammonia produced from renewable hydro... 


No place for new coal in $5tr/y transition to net-zero by 2050 – IEA study
No place for new coal in $5tr/y transition to net-zero by 2050 – IEA study
18th May 2021 By: Terence Creamer

A new and far-reaching study of how to transition the global energy system to one with net-zero carbon emissions by 2050 highlights the need for a dramatic acceleration in the pace and scale of... 


Govt steps in to help save refineries
Govt steps in to help save refineries
17th May 2021 By: Esmarie Iannucci

The federal government has introduced a fuel security package to help secure Australia’s recovery from the Covid crisis and to help secure the country’s sovereign fuel stocks, locking in jobs and... 


NAIF changes legislated by Parliament
NAIF changes legislated by Parliament
14th May 2021 By: Esmarie Iannucci

Reforms to the Northern Australia Infrastructure Facility (NAIF) have passed through Parliament, allowing the fund to be extended for another five years, to 2026. “The reforms followed a... 


In a ‘Postcard’ to President Cyril Ramaphosa, mining analyst Bruce Williamson (right) pleads for the creation of ‘all-weather’ mining policy.
Iron-ore euphoria of today arising out of iron-ore despair of yesteryear offers crucial policy lesson, says mining analyst in a ‘Postcard to the President’
12th May 2021 By: Martin Creamer

If you bought R100 000 worth of shares in Kumba Iron Ore at the start of 2016, you would now be sitting on shares worth a staggering R2.67-million, excluding dividends. This is because Kumba’s... 


Miners welcome resource funding, but petroleum levy questioned
Miners welcome resource funding, but petroleum levy questioned
12th May 2021 By: Esmarie Iannucci

The resources sector has welcomed measures by the federal government to boost resource investment and growth. During the 2021-22 Budget, the federal government announced a A$100-million investment... 


Hydrogen and new gas a focus of 2021/22 Budget
12th May 2021 By: Esmarie Iannucci

The federal government has announced a number of investments into low emissions technologies and reduce emissions during is 2021-22 Budget. Minister for Energy and Emissions Reduction Angus Taylor... 


AngloGold interim CEO Christine Ramon
Renewable energy projects under investigation across AngloGold
11th May 2021 By: Martin Creamer

Renewable energy projects are under investigation across the entire AngloGold Ashanti group, AngloGold Ashanti VP: environment Tony Da Cruz told Mining Weekly on Tuesday. Da Cruz reported that the... 


Harmony Gold CEO Peter Steenkamp
Big jump in earnings margin generates strong cash ­for Harmony Gold
11th May 2021 By: Martin Creamer

Gold mining company Harmony Gold has delivered another strong set of operational results year-on-year on the back of the integration of AngloGold Ashanti assets into its portfolio and a stronger... 


Australia iron-ore exports beat records in March
Australia iron-ore exports beat records in March
11th May 2021 By: Esmarie Iannucci

Australia’s iron-ore exports reached a record A$14-billion in March this year, up from the A$9.2-billion reported in the same period last year, new data from the Australian Bureau of Statistics... 


Appea calls for more reforms in federal budget
11th May 2021

The Australian Petroleum Production and Exploration Association (Appea) has called on the federal government to instigate more measures to boost investment and spending ahead of the federal... 


AngloGold Ashanti interim CEO Christine Ramon
AngloGold Q1 earnings rise to $203m despite lower production, higher costs
10th May 2021 By: Martin Creamer

Gold mining company AngloGold Ashanti reported first quarter headline earnings of $203-million, driven by the higher gold price. Q1 production of 2021 of 588 000 oz was down on the 630 000 oz for... 


Aus working on resource export strategy
7th May 2021 By: Esmarie Iannucci

The federal government has announced a A$20-million investment into a Global Resources Strategy, to help diversify exports and find new markets for Australia’s resources and Technology. Resources,... 


A$58.6m added to gas-fired recovery
A$58.6m added to gas-fired recovery
7th May 2021 By: Esmarie Iannucci

The federal government this week announced A$58.6-million of new measures to advance its gas-fired recovery in a post Covid-19 economy. Energy and Emissions Reduction Minister Angus Taylor on... 


Gold Fields chairperson Cheryl Carolus to step down at 2022 AGM
6th May 2021 By: Martin Creamer

Gold Fields chairperson Cheryl Carolus has announced that she will step down from her role and as a non-executive director with effect from the annual general meeting (AGM) in 2022. In her remarks... 


Gold Fields CEO Chris Griffith
Gold Fields on track to deliver on guidance
6th May 2021 By: Martin Creamer

Notwithstanding the impact of Covid-19, gold mining company Gold Fields produced attributable equivalent gold production of 541 000oz, which was largely flat year-on-year and down 9%... 


BHP's Covid recovery fund tracking well
6th May 2021 By: Esmarie Iannucci

Diversified miner BHP has spent more than A$18-million in community funding across Western Australia, and more than A$8 million in the Pilbara, over the past year, the miner revealed this week.... 


Northern Australia targeted for economic growth
6th May 2021 By: Esmarie Iannucci

The Queensland Resources Council (QRC) has welcomed the federal government’s intentions to invest A$190-million over the next five years as part of its growth plans for the region. Minsiter for... 


Resources Watch
Resources Watch
5th May 2021

This week: PGMs in all three drive trains if Lion Battery initiative is successful And, Mining policy should be hugely supportive of exploration’s multiplier magic  


From left, clockwise Mark Cutifani, Anik Michaud and Stephen Pearce
Tackling climate change could not be more urgent – Anglo American
26th April 2021 By: Martin Creamer

Tackling climate change could not be more urgent, Anglo American said on Monday when it presented its biannual sustainability performance update. “For the emissions that we control in our business,... 


Weekly Coal Index Report
Weekly Coal Index Report
26th April 2021

The market softened last week as expectations of lower Indian demand going forward weighed on price. The nation is battling with an exploding second wave of Covid-19. With the shifting market... 


Nedbank makes pioneering ‘zero fossil-fuel exposure by 2045’ pledge
Nedbank makes pioneering ‘zero fossil-fuel exposure by 2045’ pledge
22nd April 2021 By: Terence Creamer

South Africa’s Nedbank Group released an ambitious new energy policy on April 22, containing a commitment to reduce its exposure to all fossil fuels to zero by 2045, as well as a pledge to halt all... 


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SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

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