MC MINING: Production volumes returned to normal
During the past quarter, the IDC formally extended the repayment date of the R160 million ($11.1 million) loan to 31
Read more
Coal
Dark new world of South African coal
Local companies have been scrambling for the coal assets dumped by large corporates, such as Anglo American, Exxaro, Glencore, BHP
Read more
Exxaro disposes of its coal interests
As part of its sustainable growth approach, Exxaro conducted an internal portfolio review to evaluate and optimise its current coal
Read more
Anglo American to demerge SA thermal coal operations
Anglo American has announced the demerger of its thermal coal operations in South Africa, subject to the approval of Anglo
Read more
Chinese coal consumption to go up in 2021
China National Coal Association has reported that China’s coal consumption is expected to continue rising in 2021 despite Beijing’s pledges
Read more
MC Mining produces 6% less coal in its half-year period
MC Mining Limited in its interim financial report for the six months ended 31 December 2020, highlights the following: 127,534
Read more
Exxaro shows increase in profit between 13% and 27%
Exxaro and its directors report that headline earnings for the year ended 31 December 2020 are expected to decrease between
Read more
Anglo’s guidance for export thermal coal unchanged
LONDON – In its ‘Production Report for the fourth quarter ended 31 December 2020’ Anglo American reports that the South
Read more
Glencore claims its assets performed well in difficult circumstances
BAAR, Switzerland – Glencore, in its Full Year 2020 Production Report, states that its own sourced copper production of 1,258,100
Read more
South32 divests from coal and gets smelter energy supply
South32 Limited advises that the Competition Tribunal of South Africa has completed its hearing to consider the proposed sale of
Read more
Botswana coal miner to open new open pit mine in 2021
Botswana’s state-owned Morupule Coal Mine (MCM) will boost annual output by 35% to 3.8 million tonnes a year in 2021
Read more
Exxaro anticipates domestic coal market to remain relatively stable
Exxaro’s coal operations were declared an essential service to ensure continued coal supply for electricity generation in response to the
Read more
Glencore to be a net-zero emissions company by 2050
SWITZERLAND – The world is facing the challenge of meeting the increasing energy needs of a growing population, while radically
Read more
Exxaro expects an increase of 27% in export volumes
COVID-19 (the pandemic) and associated control measures resulted in a record decline in real GDP for the second quarter of
Read more
Eskom reduces coal off-take from Wescoal
Wescoal’s major customer, Eskom reduced coal off-take in response to lower electricity demand during the government-imposed lockdown in South Africa
Read more
Wescoal returns to profitability
Wescoal Holdings in its update before declaring interim results for the six months ended 30 September 2020 says the return
Read more
Death-knell for proposed coal-fired power station in SA
PRETORIA, RSA – Major climate impacts and exorbitant costs have sounded the death knell for one of the last new
Read more
Vale increases its nickel and copper production
Vale reports that production of finished nickel was of 47.1 kt in 3Q2020, while sales volumes reached 58.2 kt, an
Read more
BHP’s metallurgical coal production up by four per cent
In its Operational Review for the quarter ended 30 September 2020, BHP has reported that its metallurgical coal production increased
Read more
All Glencore metals production down except for zinc
Glencore, in its “Third Quarter 2020 Production Report” says that its own sourced copper production of 934,700 tonnes was 81,100
Read more
MC Mining: Uitkomst Colliery returns to steady-state production
MC Mining, in its Report For The Quarter Ended 30 September 2020, says Uitkomst metallurgical and thermal coal mine generated
Read more
Anglo American continues its strong operational recovery
Anglo American, in its production report for the third quarter ended 30 September 2020, says its copper production increased by
Read more
Anglo American reports on coke, thermal coal production
Anglo American, in its production report for the third quarter ended 30 September 2020, says its export metallurgical coal production
Read more
South32 forecasts SA coal at lower end of guidance range
South Africa Energy Coal saleable production increased by 20% (or 1.0Mt) to 6.3Mt in the September 2020 quarter as production
Read more
MC Mining projects will be developed in phases
MC Mining revenue for the year ended 30 June 2020 decreased by 35% to $17.2 million from $26.4 million in
Read more
Afrimat applies for business rescue of Nkomati
Afrimat has offered to acquire all the ordinary shares in Unicorn Capital Partners (UCP) not already held by Afrimat. UCP
Read more
Hwange Colliery idles due to persistent losses
The condensed interim financial results for the six months ended 30 June 2020 have been reviewed by Grant Thornton Chartered
Read more
Kibo Energy develops plants in Africa and the UK
Following key acquisitions which included the Mabesekwa Coal Independent Power Project (MCIPP) in Botswana, the Benga Power Plant Project (BPPP)
Read more
Buffalo Coal was granted mining right in KZN
Buffalo Coal, a South African based company with mining operations based in Dundee, KwaZulu-Natal, has announce that on 22 September
Read more
SAEC expected to be transferred to Seriti in H1 FY2021
Located near the towns of Witbank and Middelburg in the South African province of Mpumalanga, SAEC is 100 per cent
Read more