Coal Mining News

South Africa's Eskom carries out biggest power cuts in years

Splitting Eskom in three doesn't fix the issue that it is in a very dire financial situation.

First US coal plant in years opens where no options exist

To boost coal use in the US: Find a spot near a mine with no access to oil or natural gas pipelines, where it’s not particularly windy and it’s dark much of the year.

Minerals Council of Australia calls for tax, workplace law reform

According to the industry group, such reform would encourage additional investment in capital and technology.

Australia's Pacific National says coal train derailed, service impacted

A Yancoal spokesman said that its Moolarben Coal complex had been directly impacted by the train derailment but that it was too early to advise of any potential impact to customers

Death toll rises to six at South Africa coal mine gas explosion

Rescue efforts were hampered by dangerously high levels of toxic gas underground.

Glencore says heavy rain disrupts operations at two Australian coal mines

Major flooding has caused parts of Queensland to be declared disaster zones, resulting in two casualties and more than 1,100 evacuations.

Aussie mining exports broke records in 2018

Coal became the number one export earner in 2018.

Greece's Public Power seeks higher price from two bidders for coal plants

PPC, which is 51% state-owned, and the energy ministry are handling the divestment and the European Commission is overseeing the process.

Africa Mining Indaba: 'Let's talk,' Ramaphosa tells producers

Executives, investors and government officials meet in Cape Town this week at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.

Port yanks permit for coal terminal

With the permit cancelled, it is hard to see how the Fraser Surrey Docks coal project could ever end up being built.

Germany's RWE could preserve Hambach forest, but at a price

How much is a tree worth?

Vedanta says Anglo American stake buy meets Gov’t criteria

Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings’ $200 million investment in the diversified miner.

Michigan gas outage seen boosting Trump bid to save coal plants

Fuel diversity is the increasingly overlooked but deeply important element of a reliable supply of power.

Miners BHP, Rio urge permanent voice for First Nations in Australia's parliament

"A First Nations' voice to parliament is a meaningful step towards reconciliation," BHP Chief Executive Officer Andrew Mackenzie said.

Japan's Idemitsu, Kyushu Elec, Tokyo Gas scrap coal-fired power plant plan

Kyushu Electric and Tokyo Gas said instead they will consider building a gas-fired power plant, using liquefied natural gas (LNG), at the same site owned by Idemitsu.

Botswana's first private coal mine to produce saleable coal in March

Our target market is the southern African region at 1.2 million tons per annum, using a combination of road and rail transport.

South African miners want restructuring of power firm Eskom

"We need Eskom to be made into a much more efficient, cost-effective organisation"

Canadian miner wants its uranium project in Niger solar-powered

GoviEx Uranium is studying the possibility of powering its flagship Madaouela project in Niger using a renewable hybrid solar power solution.

Global energy transition powers surge in demand for metals

The number of electric vehicles will increase 1,389% – to 125 million from three million – by 2030.

South Africa to debate whether to split Eskom – Gordhan

The fiscus doesn’t have space for endless bailouts.

Rethinking mining strategies among the top-10 global trends to shape 2019

Mining companies now need to determine how to operate in a market that is characterized by rising stakeholder demands, a widening talent gap, as well as dwindling access to key inputs such as energy and water, says Deloitte in its latest annual report.

In Germany's plan to phase out coal, a big polluter will benefit

“We believe that clarity, compensation payments, and a relatively long phase-out period should trigger a re-rating for the company’s conventional power generation,” said analyst Guido Hoymann.

Slow growth for Europe's mining sector — report

In Q2 2019, analysts expect investment levels across the European mining sector will be sluggish.

Workers at Prodeco's Colombia coal port vote down proposed strike

Only eight out of 115 workers voted in favor of a strike, much less than the overall worker majority required for a legal strike.

India's 2018 thermal coal imports grew at fastest pace in 4 yrs – sources

Analysts say they expect India to be a key market for global miners in 2019 as China's "war on pollution" will lead to lower demand from that country.