MC Mining: Anti-fossil fuel trend and war resulted in record coal prices
MC Mining has announced a six-month extension of the July 2022 Coal Sales & Marketing Agreement between the Company’s subsidiary
Read moreMC Mining has announced a six-month extension of the July 2022 Coal Sales & Marketing Agreement between the Company’s subsidiary
Read moreDuncan Wanblad, Chief Executive of Anglo American, said: “Our performance stepped up 16% quarter-on-quarter amid a challenging operating environment, driven
Read moreBHP Group continued to deliver safe and reliable operational performance during the quarter. All production and unit cost guidance remains
Read moreMC Mining reports that revenue increased by 14% to $23.5 million from $20.7 million in the prior corresponding period. Operating
Read moreSignificantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
Read moreSouth32 has announced it will not proceed with an investment in the Dendrobium Next Domain (DND) project at the Illawarra
Read moreOn 14 April 2022, Thungela issued an announcement on SENS and RNS informing the market that Transnet SOC Ltd, acting
Read moreCoal miner Thungela is a bit of a pun, really. Anglo American gave the business away to its shareholders at
Read moreIn Glencore’s Half-Year Production Report 2022, Chief Executive Officer, Gary Nagle wrote: “Overall production was mixed period-over-period (5 commodities up
Read moreBHP has announced that it will retain New South Wales Energy Coal (NSWEC) in its portfolio and will seek the
Read moreDespite the challenges, Europe has already dramatically reduced its dependence on Russia gas, as record gas prices trimmed demand and
Read moreThe war in Ukraine is transforming energy and commodity markets. Oil prices are constantly above US$100/bbl and diesel has been
Read moreGlencore, in its First Quarter 2022 Production Report, says its own sourced copper production of 257,800 tonnes was 43,400 tonnes
Read moreEU Commission President Ursula von der Leyen new sanctions on Russia – including a ban on importing coal, vodka and
Read moreAnglo American announces the sale of the group’s remaining 8.0% shareholding in Thungela Resources Limited (“Thungela”) through an accelerated book
Read moreGlencore’s Coal production of 103.3 million tonnes was 2.9 million tonnes (3%) lower than 2020, reflecting Prodeco’s care and maintenance
Read moreThe Vanggatfontein Colliery (“VGF”) located in Delmas, Mpumalanga was one of the flagship operating mining assets acquired as part of
Read moreThe Uitkomst Colliery generated 107,188t of ROM coal during the quarter, 2% lower than the comparative Q2 FY2021 (108,945t). The
Read moreMC Mining Limited in its activities report for the quarter ended 31 December 2021 reports the demand for coal continued
Read moreRobinson Ramaite Interim chief executive officer in his Condensed consolidated results for the interim period ended 30 September 2021 said
Read moreLooking back on the first months since the demerger and Thungela’s listing on 7 June, the company says it is
Read moreCoal, in all its forms, is always high on the decarbonisation agenda. But it is worth making a distinction between
Read moreBHP has announced it has signed a sale agreement to divest its 80 per cent interest in BHP Mitsui Coal
Read moreExport metallurgical coal production decreased by 11% to 4.3 million tonnes due to operations at Moranbah being impacted by challenging
Read moreMC Mining, in its Activities report for the quarter ended 30 September 2021 says, the Uitkomst Colliery generated 120,260t of
Read moreAgreed at the COP26 climate summit in Scotland, South Africa is set to receive $8.5bn (R125bn) to help end its
Read moreExxaro, Eskom Holdings SOC and Seriti Resources have entered into a memorandum of understanding (“MOU”) in order to record their
Read moreAccording to the report production is up 2% compared to Q3 of last year, with its operating levels generally maintained
Read moreAccording to the director of the Presidential Climate Change Commission, Dr Crispian Olver, clean coal is a fantasy of some
Read moreCoal is a sedimentary black or dark brown rock that varies in composition. Some types of coal burn hotter and
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