ARM Coal profits driven by increased export thermal coal prices
Significantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
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Non-Metal
A feasible South African policy solution to the crisis of electricity generation
The electricity crisis in South Africa is self-inflicted. This has become clear from the many costly disruptions in electricity supply
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De Beers’ rough diamond sales value for seventh sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ seventh sales
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MC Mining reaps the benefit of favourable coal prices
MC Mining says it has made very pleasing progress during the last four months. This includes securing the standby loan
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South32 cancels US$700M investment in Australian coal project
South32 has announced it will not proceed with an investment in the Dendrobium Next Domain (DND) project at the Illawarra
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Sasol performs strongly amid higher energy and chemicals prices
Sasol performs strongly against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply
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Gas and oil: Russia is heading for economic oblivion
Russia is heading for economic oblivion according to YALE Chief Executive Leadership Institute (Yale CELI) Review of the Impact of
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Transnet continues to ruin the SA mining industry
On 14 April 2022, Thungela issued an announcement on SENS and RNS informing the market that Transnet SOC Ltd, acting
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iGAS and CMG acquire 30% of the Rompco Pipeline from Sasol
Johannesburg – iGAS, a subsidiary of the Central Energy Fund (CEF), and Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of
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O-I Glass to build new glass plant in Bowling Green, KY
Perrysburg, Ohio – O-I Glass, Inc. will build a new greenfield glass plant in Bowling Green, KY. In line with
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Thungela: Marginalised coal brings excellent returns
Coal miner Thungela is a bit of a pun, really. Anglo American gave the business away to its shareholders at
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Kibo Power purchase agreement on SA Waste-to-Energy project
Kibo Energy, the renewable energy focused development company, has announced that it has extended to 20 years its conditional 10-year
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PPC: Rwanda cement demand rebounded strongly
Although COVID-19 related lockdowns unfavourably impacted CIMERWA’s cement volumes in the first half of FY22, cement demand rebounded strongly in
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Zimbabwe cement sales volumes increase by 28% year-on-year
PPC Zimbabwe continues to trade ahead of expectations even though trading conditions remain challenging due to the macro-economic environment. For
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BHP to retain NSW Energy Coal
BHP has announced that it will retain New South Wales Energy Coal (NSWEC) in its portfolio and will seek the
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Cement in South Africa and Botswana in line with the prior year
Cement sales volumes in the region for the 12 months ended 31 March 2022 were in line with the prior
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PPC Group revenue for the year increased by 11% to almost R10bn
PPC Group revenue for the 12 months ended 31 March 2022 increased by 11% to R9 882 million (March 2021:
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De Beers’ fifth cycle rough diamond sales value amounts to $650 m
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fifth sales
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Gemfields announces record ruby auction results
LONDON – Gemfields is delighted to announce the results of a ruby auction comprised of seven sequential mini-auctions held in
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GAS AND COAL: Europe goes on an LNG shopping spree
Despite the challenges, Europe has already dramatically reduced its dependence on Russia gas, as record gas prices trimmed demand and
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BHP merger completion and in specie distribution
BHP Group (BHP) has announced that the merger of BHP’s oil and gas portfolio with Woodside Energy Group Limited (Woodside)
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Rio Tinto and bp sign one-year trial of marine biofuels
LONDON – Rio Tinto and bp have agreed to work together on a one-year biofuel trial to help reduce carbon
Read moreSouth Africa to create a Hydrogen Valley
In South Africa, the Department of Science and Innovation (DSI) and the South African National Development Institute (SANEDI), in partnership
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Rough diamond sales value for De Beers’ fourth sales cycle of 2022
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fourth sales
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Anglo American: Metallurgical coal production decreased by 32%
According to Anglo American, export metallurgical coal production decreased by 32% to 2.2 million tonnes primarily due to the delayed
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MC Mining: War causes prices of thermal coal to attain record highs
The Uitkomst Colliery generated 124,144t of ROM coal during the quarter, an increase of 7% (Q3 FY2021: 115,944t). Sales of
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MC Mining run-of-mine coal production at Uitkomst is 7% higher
MC Mining for the quarter ended 31 March 2022 reports that the run-of-mine (ROM) coal production at Uitkomst was 7%
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First float glass furnace runs on 100% biofuel
Pilkington UK has become the world’s first flat glass manufacturer to fire its furnace on 100% biofuel, as part of
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De Beers: Robust demand for rough diamonds continued into Q1
Rough diamond production increased by 25% to 8.9 million carats, reflecting a strong operational performance, and higher planned levels of
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Hanson to build UK’s first net-zero cement plant
Hanson UK plans to build the UK’s first net-zero cement factory at a facility in north Wales. Hanson is aiming
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