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An image of coal at the Richards Bay Coal Terminal
Optimum coal to be exported from Richards Bay terminal from next month
25th March 2024 By: Tasneem Bulbulia

Richards Bay Coal Terminal (RBCT), Liberty Coal/Liberty Coal Terminal and the business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Optimum Coal Terminal (OCT) have reached an... 


Electricity Minister Kgosientsho Ramokgopa
Eskom board considers enlarging and extending Standard Offer Programme
25th March 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa reports that the Eskom board is considering lifting the current 1 000 MW allocation set aside for its Standard Offer Programme to 4 000 MW and extending... 


Just Share climate change engagement director Robyn Hugo
Draft IRP 2023 falls short in every aspect, says Just Share
25th March 2024 By: Marleny Arnoldi

As government considers the public comments made on the draft Integrated Resource Plan (IRP) 2023 up to March 23, shareholder activism organisation Just Share has called for a remodel of the... 


US US Secretary of Energy Jennifer Granholm
$475m in US govt funding for clean energy projects on former mine land
25th March 2024 By: Creamer Media Reporter

The US Department of Energy (DoE) has announced up to $475-million in funding for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment... 


Coal is preparing for a long goodbye
Coal is preparing for a long goodbye
25th March 2024 By: Bloomberg

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity —... 


Major investors more confident in Australia’s climate policy
25th March 2024 By: Bloomberg

Investors with a combined A$35-trillion in assets are becoming more optimistic about Australia’s climate policy, with roughly half considering financing renewable-energy projects, according to an... 


The carbon capture pilot plant at the Kelvin power station
Companies unveil Kelvin power station carbon capture pilot project
22nd March 2024 By: Schalk Burger

The 600 MW coal-fired Kelvin power station, in Isando, Ekurhuleni, has installed a 300 m3/h flue gas emissions capturing pilot project, which removes carbon dioxide (CO₂), nitrogen oxides and... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


The Illawarra coal operations
M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the... 


AECI, Copper 360, public-private partnership make headlines
AECI, Copper 360, public-private partnership make headlines
22nd March 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


LYDIA ZHANG
The strategic financial package is set to enable more South Africans to access affordable solar energy solutions
R600m financing facility to support S Africa’s renewables landscape
22nd March 2024 By: Simone Liedtke

Financial services firm Standard Bank and China National Building Materials International (CNBM) have concluded a R600-million sustainable finance solution. The strategic financial package,... 


An image of Bruce Dickinson
Sustainable energy transition on track for mining industry
22nd March 2024

The energy transition and the global move towards net zero by 2050 require coordinated action by mining companies, governments, unions and communities to ensure just transitions for coal mines and... 


CGS image
Carbon Capture, Utilisation and Storage: A scientific intervention seeking to mitigate CO2 emissions while enabling the just transition
22nd March 2024

The economic impact of coal across South African communities cannot be underestimated, particularly when such an impact is investigated once coal has been fully discontinued. Close to a quarter of... 


An image of GE Vernova’s Sub-Saharan Africa gas power service MD Kenneth Oyakhire.
Mixed generation necessary for ‘seamless’ energy transition
22nd March 2024 By: Trent Roebeck

The energy transition – in South Africa, Africa, and globally – entails an appropriate mix of energy generation sources, including gas, hydrogen power and renewables, in order to achieve the goals... 


Image of a modular conveyor and material
Crushing and screening solutions for energy minerals sector
20th March 2024

A range of crushing and screening solutions are available for applications within the energy minerals sector, and are being used in lithium, cobalt, manganese, nickel, copper and graphite... 


Rail
Transnet chief urges formal comment on Network Statement while acknowledging cool reception to tariff methodology
20th March 2024 By: Terence Creamer

Transnet CEO Michelle Phillips has acknowledged the initial negative reaction to a proposed tariff methodology published for comment by the interim Infrastructure Manager (IM) alongside the... 


China coal industry group expects output growth to slow in 2024
China coal industry group expects output growth to slow in 2024
20th March 2024 By: Reuters

China's coal output is expected to increase 36-million metric tons, or 0.8%, to about 4.7-billion tonnes in 2024, a Chinese coal industry group said on Wednesday, slower than last year's 2.9%... 


Glencore logo
Glencore sets 25% emissions reduction target in new climate plan
20th March 2024 By: Marleny Arnoldi

Global miner Glencore confirms in its latest Climate Action Transition Plan (CATP) for 2024 to 2026, published on March 20, that it is on track to achieve its emission reduction targets of 15% by... 


Rescuers battle rubble and water in race to save 13 trapped Russian miners
20th March 2024 By: Reuters

Rescuers in Russia's far east battled rubble and water on Wednesday in an attempt to save 13 miners who have been trapped 120 metres underground in a gold mine for nearly two days. The miners were... 


Wind and solar farms
Independent power producer body rejects an IRP that ‘plans to fail’
20th March 2024 By: Terence Creamer

The South African Independent Power Producer Association (SAIPPA) has added its voice to a growing chorus of opposition to the draft Integrated Resource Plan 2023 (IRP 2023), the comment deadline... 


Thungela launches fish breeding facility in Mpumalanga
Thungela launches fish breeding facility in Mpumalanga
20th March 2024

Coal producer and exporter Thungela in February launched a fish breeding facility at the Loskop Dam Nature Reserve, in Mpumalanga, to mitigate some of the impacts of an uncontrolled release of... 


Conveyor belt at Minergy mine in Botswana
Minergy’s first-half attributable loss widen, but turnaround plan in the works
19th March 2024 By: Marleny Arnoldi

After facing significant headwinds in the six months ended December 31, 2023, Botswana-based coal miner Minergy has reported an attributable loss of P72.4-million and a loss a share of 15.42 thebe.... 


Ex-Continental Coal secretary sentenced
19th March 2024 By: Creamer Media Reporter

Former Continental Coal company secretary Jane Flegg will spend at least two years behind bars after she pleaded guilty in an Australian court for giving false and misleading financial... 


Unconstrained IRP would have far more wind and solar PV, analysis shows
Conclusions in opaque IRP 2023 are ‘incorrect and economically damaging’
19th March 2024 By: Terence Creamer

In an excoriating assessment of the draft Integrated Resource Plan 2023 (IRP 2023), Meridian Economics points to serious problems with the modelling and cost assumptions used by the Department of... 


Menar MD Vuslat Bayoglu.
RBCT, TFR show that private-public collaboration can work very well – Menar
19th March 2024 By: Martin Creamer

The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD... 


IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
IRP 2023 could reset South Africa’s social and economic woes if implemented correctly
18th March 2024

ACTOM recently held a webinar on the “Draft IRP2023 Impact on the Manufacturing Sector”, with the following panellists (Mervyn Naidoo, Group CEO ACTOM, Phillipa Rodseth – Executive Director,... 


An image of Thungela CEO July Ndlovu
Thungela delivers strong financial performance despite rail, price headwinds
18th March 2024 By: Tasneem Bulbulia

Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position.... 


Independent expert finds Goldway’s offer not ‘fair, reasonable’ – MC Mining
18th March 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed coal miner MC Mining says a report prepared by an independent expert from BDO Corporate Finance that the takeover offer it received from Goldway Capital Investment in... 


Afri-Tech’s Power Nozzle readying for intra-Africa export
Afri-Tech’s Power Nozzle readying for intra-Africa export
17th March 2024 By: Tracy Hancock

Krugersdorp-based Afri-Tech Mining Supplies’ award-winning Power Nozzle is destined for export to Ghana, Mali, Tanzania, Botswana and Namibia before mid-year, with at least ten other sub-Saharan... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining achieves interim revenue growth despite challenging coal market
15th March 2024 By: Tasneem Bulbulia

Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the... 


Electricity pylons
South Africa takes next step toward opening up electricity trade
15th March 2024 By: Bloomberg

South Africa moved a step closer toward creating a competitive electricity market after legislation that establishes the framework cleared another hurdle. The Electricity Regulation Act Amendment... 


Power lines
South Africa’s next energy challenge: A R390-billion grid upgrade
15th March 2024 By: Bloomberg

South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390-billion expansion of the... 


Eickhoff image
Eickhoff – A 160-year-long legacy of coal mining
15th March 2024

Since 1864, underground mining equipment manufacturer Eickhoff has been improving the lives of coal miners with the production of coal mining machines, having made the first coal cutting system in... 


a glass bottle with clear methanol inside and a sticker on with the chemical compound breakdown on the front
Methanol surge expected to continue
15th March 2024

In recent years, the demand for methanol has witnessed a significant surge, particularly within the marine and construction industries, states analytical reportage company Persistence Market... 


Fatima-Joyce Packery, CEO of PF Africa Mining
Fatima-Joyce Packery
15th March 2024 By: Martin Zhuwakinyu

This week we profile Fatima-Joyce Packery, CEO of PF Africa Mining, which operates ferrochrome recovery plants 


The end of 2023 marked the start of production from Kangra's Belgarthen Adit project
Innovation, sustainability key to coal expansion
15th March 2024 By: Donna Slater

Expanding upon successful initial foundations, coal miner Kangra’s recent initiative in Mpumalanga towards the end of 2023, marked by the start of production at the miner’s underground Belgarthen... 


Exxaro media briefing.
Wind generation up, solar operational soon, Exxaro reports
14th March 2024 By: Martin Creamer

Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa... 


MC Mining receives second supplementary bidder's statement from Goldway
14th March 2024 By: Creamer Media Reporter

An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no... 


South32 shuffles Australia lead team deck
14th March 2024 By: Creamer Media Reporter

As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for... 


Exxaro CE Dr Nombasa Tsengwa.
Exxaro declares R5.4bn dividends, green energy business thriving
14th March 2024 By: Martin Creamer

Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and... 


Wyloo says industry will turn from LME without green nickel
14th March 2024 By: Reuters

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn't launch a green nickel contract, the industry will have to look for... 


Glencore should keep its coal mines, investor says
Glencore should keep its coal mines, investor says
14th March 2024 By: Bloomberg

Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has... 


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