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Teck Resources Q4 profit beats targets on strong coal sales, copper output
Teck Resources Q4 profit beats targets on strong coal sales, copper output
22nd February 2024 By: Reuters

Canadian miner Teck Resources beat fourth-quarter profit estimates on Thursday, helped by an increase in steelmaking coal sales and record copper production. The company also benefited from higher... 


Minerals Council CEO Mzila Mthenjane
Fiscal discipline in Budget, but 5% infrastructure expenditure increase ‘barely positive’ – Minerals Council
22nd February 2024 By: Schalk Burger

Finance Minister Enoch Godongwana maintained focus on fiscal discipline and balancing the need to address socioeconomic challenges facing the country, industry organisation Minerals Council South... 


Coal output needs to rise as demand jumps, Indian official says
Coal output needs to rise as demand jumps, Indian official says
22nd February 2024 By: Bloomberg

India’s state-run miner Coal India will continue to increase production to meet growing demand and help boost inventories, according to a key government official overseeing the fuel. The producer... 


China's top coal producing region tells miners to curb overproduction
21st February 2024 By: Reuters

China's top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal... 


Glencore's head office
Glencore pleased with its performance against the backdrop of lower commodity, energy prices
21st February 2024 By: Marleny Arnoldi

Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows... 


Breaking gender roles to achieve real inclusivity in the energy sector
Breaking gender roles to achieve real inclusivity in the energy sector
21st February 2024

By Desiree Hlubi, Brand Manager of Sisi Safety Wear Women are often underrepresented in technical industries, particularly within South Africa’s power and energy sectors. In the coal sector, they... 


A rail line in South Africa
Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is... 


An image showing part of Sibanye-Stillwater's Marikana operation
Unions express dismay over mining sector retrenchments
20th February 2024 By: Tasneem Bulbulia

Trade unions the Association of Mineworkers and Construction Union (AMCU) and the National Union of Mineworkers (NUM) have expressed their dissatisfaction with the plans announced by various mining... 


JSW Steel in talks with Australia's Whitehaven for coal mine stake
JSW Steel in talks with Australia's Whitehaven for coal mine stake
20th February 2024 By: Reuters

India's JSW Steel is in talks with Australian miner Whitehaven Coal for a stake in its Blackwater metallurgical coal mine, a source aware of the discussions said on Tuesday. JSW Steel, India's... 


India gets 40 bids for commercial coal mines
India gets 40 bids for commercial coal mines
20th February 2024 By: Reuters

ndia has received a total of 40 bids for some of the 32 commercial coal mines that were made available for auctioning in December, the government said in a statement on Monday, adding the bids... 


President Gustavo Petro came into office in 2022 on a pledge to wean the country off its dependency on fossil fuels.
Colombia Bill seeks permanent legal ban on new coal contracts
20th February 2024 By: Bloomberg

Colombia, South America’s top coal producer, is proposing a mining bill which would ban new exploration and production contracts for the fuel. The proposed law would also allow the expropriation... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Company calls for Finance Minister to announce incentives to drive EV industry growth
19th February 2024 By: Schalk Burger

Electric vehicle (EV) renewable energy charging infrastructure company Zero Carbon Charge is calling on Finance Minister Enoch Godongwana to announce a series of fiscal measures to incentivise the... 


Coal India to bid for 3 mines in critical minerals auctions in Feb
19th February 2024 By: Bloomberg

State-run Coal India will bid for three blocks in critical minerals auctions conducted by the country's mines ministry in February, chairman and MD P M Prasad told analysts in a post-earnings... 


UCT research aims to help stakeholders mitigate mine closure risks
19th February 2024 By: Tasneem Bulbulia

Research published in the International Journal of Mining by University of Cape Town (UCT) Future Water Institute academic Dr Megan Cole has indicated that 48 of South Africa’s 230 operating mines... 


WearCheck’s technical manager, Steven Lumley
SLIDING THROUGH TIME: Lubrication from stone age to modern age
19th February 2024

In part one of Lubrication from Stone Age to Modern Age (WearCheck Technical Bulletin 88), we slid through 5,000 years of lubrication history and left off at the end of the age of enlightenment in... 


Energy transition driving continued surge in metals, mining M&A activity
16th February 2024 By: Tasneem Bulbulia

The ongoing surge in mergers and acquisitions (M&A) activity in the metals and mining sector is expected to continue into this year, driven by the global energy transition, with industry players... 


MOZAMBIQUE-SECUNDA PIPELINE
Rompco operates the 865 km pipeline linking Mozambique’s gas fields to markets in Mozambique and industrial operations in Secunda
Pipeline progress enhances Southern Africa’s energy market, capacity
16th February 2024 By: Simone Liedtke

Gas is a key enabler for economic growth and social development in the Southern Africa region, and a cleaner alternative to fossil fuels, says joint venture (JV) Republic of Mozambique Pipeline... 


Locomotives owned by Transnet Freight Rail
EIB in talks with South Africa over loan for ports, freight rail
15th February 2024 By: Bloomberg

The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the... 


An image showing stockpiles at the Rukwa coal mine
Shuka settles legacy dispute with Upendo Group over Tanzania licence
15th February 2024 By: Tasneem Bulbulia

Aim-listed Shuka Minerals, previously known as Edenville Energy, has signed a definitive settlement agreement with Upendo Group, which holds a historic residual 10% interest in the Rukwa coal... 


Sovereign brings seasoned ESG officer on board for Kasiya development
15th February 2024 By: Marleny Arnoldi

ASX- and Aim-listed titanium and graphite miner Sovereign Metals has appointed Marco Da Cunha as lead environmental, social and governance (ESG) officer. Da Cunha has almost 20 years’ experience in... 


Rand Currency
S Africa's budget to consolidate more slowly, rate cuts delayed – poll
15th February 2024 By: Reuters

South Africa's budget deficit will narrow at a slower pace in coming years than October estimates predicted, put off course by poor mining tax receipts, according to a Reuters poll which also... 


Whitehaven Coal tumbles as profit drops, dividend misses consensus
Whitehaven Coal tumbles as profit drops, dividend misses consensus
15th February 2024 By: Reuters

Australia's Whitehaven Coal reported an 86% drop in first-half profit on Thursday and announced an interim dividend that missed market consensus, sending its shares more than 7% lower. Shares of... 


Energy Minister Jonathan Wilkinson
Risk of stranded LNG assets is 'real', Canada’s Wilkinson says
14th February 2024 By: Bloomberg

The US decision to pause approvals of new licenses to export liquefied natural gas is welcome, and there are “real” risks that some infrastructure will end up stranded, Canada’s Energy Minister... 


Coal India to add new mines, expand existing ones to meet higher demand, chairman says
14th February 2024 By: Reuters

State-run Coal India plans to start operations at five new mines and expand capacity of at least 16 existing ones to address growing demand for the fuel, its chairman told Reuters on Wednesday.... 


ROMPCO to address looming gas-supply crisis at Africa Energy Indaba 2024
ROMPCO to address looming gas-supply crisis at Africa Energy Indaba 2024
14th February 2024

The Africa Energy Indaba 2024 is a significant event in the energy sector, bringing together industry leaders, policymakers, innovators, and stakeholders. Republic of Mozambique Pipeline... 


Komati Power Station
South Africa’s inaugural Grid Emission Measure highlights coal dependence
14th February 2024 By: Bloomberg

South Africa produced its inaugural official gauge of the carbon intensity of its electricity production, confirming its status as one of the world’s top producers per capita of greenhouse gases.... 


Australia fossil fuels should face new climate levy, experts say
Australia fossil fuels should face new climate levy, experts say
14th February 2024 By: Bloomberg

Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new climate levy under efforts to accelerate a transition to a greener economy,... 


Sasol's gas processing facility and pipeline
Gas users call for urgent policy and infrastructure decisions to avert 2026 ‘day zero’
13th February 2024 By: Terence Creamer

The Industrial Gas Users Association – Southern Africa (IGUA-SA) is warning of a gas supply ‘day zero’ for several large and small manufacturing enterprises and says that urgent decisions will be... 


Zimbabwe central bank accumulates almost a ton of gold reserves
13th February 2024 By: Bloomberg

Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels mining companies to pay part of their royalties using the metal. The reserves... 


An image of Stats SA principal survey statistician Juan-Pierre Terblanche
Mixed bag for December mining production, sales
13th February 2024 By: Tasneem Bulbulia

Mining production increased by 0.6% year-on-year in December, driven by platinum group metals (PGMs) and coal, Statistics South Africa principal survey statistician Juan-Pierre Terblanche outlines.... 


 US coal miner Ramaco ups 2024 guidance
US coal miner Ramaco ups 2024 guidance
13th February 2024 By: Mariaan Webb

US-based metallurgical coal miner Ramaco Resources has raised its 2024 sales and production guidance, which it says reflects the strong market acceptance of the company's coal. The... 


Steelmakers turning to DRI amid transition
Steelmakers turning to DRI amid transition
12th February 2024 By: Sabrina Jardim

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 


Mining’s focus switching to critical minerals, with ESG pressures increasing
12th February 2024 By: Rebecca Campbell

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 


Stanmore swoops in on South32’s Eagle Downs
Stanmore swoops in on South32’s Eagle Downs
12th February 2024 By: Mariaan Webb

Coal miner Stanmore Resources on Monday announced that it would buy diversified mining firm South32’s 50% interest in the Eagle Downs metallurgical joint venture (JV) coal project, in Queensland.... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa denies President’s pre-Stage 6 SoNA assertions caused embarrassment and insists loadshedding ‘corner has been turned’
11th February 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa has move to defend the statement made by President Cyril Ramaphosa in his State of the Nation Address (SoNA) on Thursday night that “the end of... 


Image of a mobile screen
Fleet of crushers and screens expanded
10th February 2024

A large African opencast mining contractor has significantly increased its fleet of mobile crushers and screens. Currently operating in South Africa, Namibia and Botswana, opencast mining... 


Exxaro sharpens M&A focus after copper mine loss to China
9th February 2024 By: Bloomberg

Exxaro Resources CEO Nombasa Tsengwa is sharpening the South African coal producer’s diversification strategy, after failing to acquire new mining and energy assets. The Johannesburg-based company... 


Image of Illawara coal operation
Illawarra Metallurgical Coal, Australia
9th February 2024 By: Sheila Barradas

A coal mine in he southern coalfields of New South Wales, Australia. 


Photo of Martin Creamer
On-The-Air (09/02/2024)
9th February 2024 By: Martin Creamer

Martin Creamer discusses water, railway lines and stopping noise-induced hearing loss.  


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


Image of the Medupi power plant at dusk
Medupi power station project, South Africa – update
9th February 2024 By: Sheila Barradas

Efforts are being made to return Medupi Unit 4 to service by the end of July 2024. 


ESKOM ECHOES
ESKOM ECHOES
9th February 2024

There are slight echoes of South Africa’s Eskom in Taiwan, where the precarious financial state of the country’s sole electricity utility, Taipower, is threatening the island’s clean energy... 


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