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Poland axes coal spinoffs in favour of tie-ups
Poland axes coal spinoffs in favour of tie-ups
10th April 2024 By: Bloomberg

Shares in Polish power utilities plunged the most in 18 months after a senior government official outlined plans to abandon coal asset spin-offs and instead link mines back with electricity... 


coal in hands
MC Mining committee reluctantly advises shareholders to accept Goldway offer
10th April 2024 By: Marleny Arnoldi

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 


Baltimore port closure means 35% drop in April US coal exports
Baltimore port closure means 35% drop in April US coal exports
10th April 2024 By: Bloomberg

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month. Exports will slump 6.3% for the... 


South African fossil fuel subsidies hit record R118bn in 2023 - IISD
South African fossil fuel subsidies hit record R118bn in 2023 - IISD
10th April 2024 By: Terence Creamer

A new study has found that South Africa's fossil fuel subsidies tripled between 2018 and 2023, rising to R118-billion from R39-billion over the period, with subsidies having been increased largely... 


Eskom to ramp down planned maintenance to 3 000 MW in winter
Eskom aims to keep breakdowns below 14 GW this winter as it cuts diesel budget
9th April 2024 By: Terence Creamer

State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to... 


BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO drops anti-coal policy amid Wall Street rebuke of ESG
9th April 2024 By: Bloomberg

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday... 


Rail tracks
South Africa taps business to create office to end rail monopoly
8th April 2024 By: Bloomberg

South Africa has asked companies to help it set up an office to facilitate the entry of private operators onto the continent’s biggest rail network for the first time. In a letter sent last month... 


Eskom's Duvha power station
Eskom defends pollution record, saying it’s spending billions
8th April 2024 By: Bloomberg

South Africa’s State power utility, stung by reports about the health impacts of emissions from burning coal, said it’s spending billions of dollars to reduce them and has an ambitious target to... 


Jeremy Weir
Succession drama grips commodity trading’s billionaire factories
8th April 2024 By: Bloomberg

Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of... 


Andrew Forrest
Forrest urges China to demand greener nickel, FT reports
8th April 2024 By: Reuters

Australian mining magnate Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in... 


Creamer Media's Roads, Rail & Ports cover
Roads, Rail & Ports 2024: Inefficiencies reach new lows
5th April 2024 By: Creamer Media Reporter

Creamer Media’s ‘Roads, Rail & Ports 2024’ report reflects upon the current state of South Africa’s roads, delving into the some of the issues that are plaguing the sector such as maintenance... 


Stanmore buys rest of Eagle Downs
Stanmore buys rest of Eagle Downs
5th April 2024 By: Creamer Media Reporter

Australian coal miner Stanmore Resources is taking full control of the Eagle Downs assets, in the Bowen basin of Queensland. The company entered into an agreement with China Baowu Steel Group... 


Seriti Green CEO Peter Venn
RMB facilitates project financing for Seriti Green’s first wind farm in Mpumalanga
5th April 2024 By: Marleny Arnoldi

Mining and energy company Seriti Resources’ subsidiary Seriti Green has signed a long-term project financing agreement with Rand Merchant Bank (RMB) as co-mandated lead arranger to enable the... 


Teck Q1 coal sales in line with guidance
Teck Q1 coal sales in line with guidance
5th April 2024 By: Creamer Media Reporter

Canadian mining company Teck Resources has reported first-quarter steelmaking coal sales of 5.9-million tonnes, which is in line with its guidance of 5.9-million to 6.3-million tonnes. The... 


UCT research team develops ‘new set of tools’ to support mine closure planning in South Africa
5th April 2024 By: Natasha Odendaal

A new set of tools aimed at assisting in responsible and sustainable mine closures across South Africa has been developed by a University of Cape Town (UCT) research team through a Water Research... 


A large sign next to the road at the entrance to the Mponeng Mine owned by Harmony Gold that states it is the deepest mine globally
Deep-level investment
5th April 2024 By: Halima Frost

Gold major Harmony’s strategy is to direct major capital towards its high-grade underground mines and high-margin surface source operations to improve profitability. The decision to extend Mponeng,... 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


Terence Creamer
Out of step
5th April 2024 By: Terence Creamer

Following wholly inadequate public consultations, stakeholders have submitted their written comments on the Department of Mineral Resources and Energy’s (DMRE’s) draft Integrated Resource Plan.... 


Aritist's rendering of the Natrium reactor
Natrium reactor demonstration project, US – update
5th April 2024 By: Sheila Barradas

Nonnuclear construction is expected to start this year. 


gas pipes leading to gas terminal
Role of gas in SA’s future energy mix under intense scrutiny
5th April 2024 By: Darren Parker

Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a... 


Chile port workers stage protests, threatening commodity exports
4th April 2024 By: Bloomberg

Chilean port workers staged protests on Thursday, disrupting the loading and unloading of ships in one of the biggest exporters of raw materials from copper and lithium to pulp and fruit. A... 


fossil fuel emissions
88% of global fossil fuel, cement CO2 emissions linked to 117 producers
4th April 2024 By: Darren Parker

A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can... 


Actom Post image
IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
4th April 2024

By ACTOM Business Development Executive Mamiki Matlawa   The Draft Integrated Resource Plan (IRP) 2023 has faced criticism from some quarters for having gaps in its roadmap to shaping a... 


India coal miner plans $720m sale of renewables unit
3rd April 2024 By: Bloomberg

State-run coal miner and power producer NLC India is planning to sell renewable assets worth an estimated 60-billion rupees ($720-million). The company will put nearly 1.4 GW of mostly solar... 


China’s coal price slump likely to persist until start of summer
China’s coal price slump likely to persist until start of summer
3rd April 2024 By: Reuters

Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners. The country’s benchmark... 


Coal station
South Africa coal-plant closure delays risk thousands of deaths
3rd April 2024 By: Bloomberg

Delays to the planned closures of coal-fired power plants proposed by South Africa’s energy department could result in thousands of deaths from air pollution and lead to billions of dollars of... 


Deutsche Bank says Glencore may consider switching listing to US
Deutsche Bank says Glencore may consider switching listing to US
3rd April 2024 By: Bloomberg

Glencore may consider switching its primary listing from London to New York, analysts at Deutsche Bank predicted, in what would be one of the most high-profile exits from the UK exchange to date.... 


Business Leadership South Africa CEO Busisiwe Mavuso
BLSA calls for immediate reworking of IRP, describing assumptions as ‘spurious’
2nd April 2024 By: Terence Creamer

Business Leadership South Africa (BLSA), whose members include the largest domestic and foreign companies operating in South Africa, has added its voice to a growing chorus of opposition to the... 


Whitehaven completes metallurgical coal buy from BHP
2nd April 2024 By: Creamer Media Reporter

Australian miner Whitehaven coal has completed its acquisition of the Daunia and Blackwater metallurgical coal mines from BHP and Mitsubishi Development. The BHP Mitsubishi Alliance (BMA) sold the... 


Wind turbines
China could drive Africa's renewable energy revolution, report says
2nd April 2024 By: Reuters

China has a unique opportunity to drive forward an energy revolution in Africa, but it must first reverse nearly two decades of neglect of green power investments there, research from Boston... 


Bridge disaster leaves some US coal miners with few options
29th March 2024 By: Bloomberg

The catastrophic shipping accident that’s choked off Baltimore harbor is leaving few options for some US coal exporters, with Consol Energy facing the biggest threat to its operations. “Consol has... 


Vodacom SA awarded 5-Star Green Star certification
29th March 2024 By: Natasha Odendaal

Telecommunications group Vodacom South Africa has been awarded 5-Star existing building performance (EPB) certifications for two of its buildings, Vodacom’s Business Park and Corporate Park, at its... 


 An image if Professor Nicola Wagner
Coal mining remains important
29th March 2024 By: Trent Roebeck

A prosperous future for the coal mining industry in South Africa depends on public and private sector parties tapping into its vast coal reserves, and power generation processes by State-owned... 


An image of a coal mining facility
New longwall commissioned in war zone
29th March 2024 By: Donna Slater

Forty kilometres from the front line of the war in Ukraine, vertically integrated mining and metals company Metinvest has commissioned its eleventh longwall for coking coal in Block 10 of the... 


An image of learners receiving an award for being top achievers
Coal miner uplifts schools to improve learning environment
29th March 2024

Diversified miner Glencore’s South African coal mining division demonstrated its commitment to helping progress school learners through donations of key digital equipment. These donations include... 


An image of Christina Ramotsabi
Spiral beneficiation boost for coal industry
29th March 2024 By: Trent Roebeck

Original equipment manufacturer for the mineral processing industry Multotec is making excellent headway in putting its SX10 spiral separator – which has been subjected to development processes... 


Bell posts 66% rise in full-year profit
28th March 2024 By: Marleny Arnoldi

JSE-listed heavy machinery manufacturer Bell Equipment has posted a 66% increase in profit for the year ended December 31, 2023, to R793-million. Following unprecedented global demand for equipment... 


Minister in The Presidency Khumbudzo Ntshavheni
Release of Gas Master Plan approved at Cabinet’s last official meeting ahead of May poll
28th March 2024 By: Terence Creamer

Cabinet approved the publication of the long-awaited Gas Master Plan for public comment during what was the last formal meeting of the executive ahead of the May 29 election. However, Minister in... 


Emissions
South Africa has many of world’s worst air pollution sites, study says
28th March 2024 By: Bloomberg

South Africa is home to many of the world’s worst emission sites for toxic nitrogen dioxide and sulfur dioxide and most of those are operated by the nation’s state power utility, according to... 


A coal-fired power plant operated by Eskom
Draft IRP 2023 lacks environmental, health, climate commitments, says Life After Coal
27th March 2024 By: Schalk Burger

Coal phase-out campaign the Life After Coal Campaign, in its comments on the draft Integrated Resource Plan (IRP) 2023, said the plan has fundamental flaws and expressed skepticism in the plan's... 


China coal industry group says output at accident-hit mining hubs back to normal
China coal industry group says output at accident-hit mining hubs back to normal
27th March 2024 By: Reuters

Coal mining output at accident-hit mining districts of Shaanxi and Inner Mongolia in China's north have returned to normal, a major coal industry group said on Wednesday. A recent spike in coal... 


Resources Watch
Resources Watch
27th March 2024

This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public... 


Baltimore bridge collapse will likely block coal exports for weeks
Baltimore bridge collapse will likely block coal exports for weeks
27th March 2024 By: Bloomberg

The collapse of a major Baltimore bridge is likely to shut down coal exports for as many as six weeks and block the transport of up to 2.5-million tons of coal, said Ernie Thrasher, CEO of Xcoal... 


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