ARTICLES RELATING TO COAL

Indian court rules on govt coal allocations

2014-08-25 12:30

India's top court has held as illegal all coal blocks allocated by the government to various firms between 1993 and 2009.

Video

Exxaro boss Sipho Nkosi tells Fin24 the group is confident about Medupi's unit six coming on line in December as it announced an 11% rise in first-half earnings.

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Exxaro Resources earnings up

2014-08-21 09:22

Diversified resources group Exxaro has reported a rise in first-half earnings on as it lifted coal exports on the back of a weaker rand.

Beijing cuts coal use in first half of 2014

2014-08-12 09:30

China's capital Beijing has cut total coal consumption by 7% in the first half of the year as part of its efforts to tackle smog, according to a report.

Mozambique still counting on coal

2014-07-28 18:15

Mozambique is still counting on increasing coal exports to expand its infrastructure and drive economic growth, despite depressed global prices.

Chinese coal industry's outlook worse

2014-07-24 15:00

More than 70% of China's coal firms are making losses, with prices eroded by falling demand growth, a worsening supply glut and a war on smog.

N West ditches coal contract for hospitals

2014-05-29 20:00

The contract with Lorato Consultant T/A Lorato Constructions to supply coal to some North West hospitals has been terminated because of low product quality.

European energy pushes for cleaner coal

2014-04-25 12:07

European utility companies are under pressure from shareholders to source their coal in a more ethical and environmentally friendly way.

SA coal exports jump in March

2014-04-03 19:00

Richards Bay Coal Terminal has exported 6.9 million tonnes of coal in March, compared with 4.5 million tonnes in February, data shows.

Natural gas may be the fuel of the future

2014-03-14 14:43

A cheaper and easier way to turn natural gas into usable fuels and chemicals could lead to natural gas products displacing oil products.

NUM members march over Rio Tinto miners

2014-02-06 16:34

About 200 NUM members have marched to the Mining Indaba in Cape Town to protest against the alleged ill-treatment of Rio Tinto miners in other countries.

Australia gives nod to coal project

2013-12-22 16:51

Waratah Coal has welcomed the Australian government's approval of its $5.7bn Galilee coal project, as conservationists warned the decision threatened the environment.

Eskom stops weekend coal-haulage

2013-10-13 17:51

Eskom is bringing an end to the trucking of coal to its power stations over weekends amid a spate of fatalities in Mpumalanga.

Unions still thrashing out coal wage demands

2013-09-19 09:23

NUM has scaled down demands while Solidarity says talks are at a sensitive stage as another round of negotiations is scheduled for the coal sector.

Coal mine turns village into ghost town

2013-09-08 15:00

The tiny western German town of Immerath and nearby towns will soon be wiped off the map to allow energy giant RWE to enlarge its lignite mine of Garzweiler.

Coal, iron ore exports rise - Transnet

2013-06-27 12:02

State-run logistics group Transnet says it has moved slightly more coal and iron ore for export during its latest financial year.

China to cut coal use amid protests

2013-06-06 07:56

China is considering plans to cut coal consumption in some major industrial regions as part of measures to reduce air pollution, sources say.

SA coal exports jump in March

2013-04-09 13:41

Richards Bay Coal Terminal exported 7.49 million tonnes of coal in March, up from 5.45 million tonnes the previous month, RBCT data show.

Coal to fuel electricity price woes

2013-03-10 16:01

The Competition Tribunal believes power prices could skyrocket above Eskom's anticipated hikes if coal prices in the domestic market increase as expected.

Govt secures coal for power plants

2013-01-30 11:21

SA has designated coal as a "strategic resource" which could limit exports to protect local power plant supplies, Mineral Resources Minister Susan Shabangu says.

Coal set to overtake oil as top fuel

2012-12-18 15:51

Oil prices have risen on hopes of a US fiscal cliff deal, but reports elsewhere show that coal is set to surpass the liquid fuel as the world's top resource.

Eskom plans fund to boost mining juniors

2012-12-10 17:50

Eskom plans to set up a fund to assist black-owned junior coal producers develop new mines to secure future supplies for its power plants, the company says.

Wage increase for coal sector

2012-11-07 13:02

A wage increase agreement has been signed by the NUM, the Chamber of Mines, Solidarity, and Uasa, which will include a R2 000 after tax, once-off "sweetener".

Eskom faces new power crisis

2012-08-12 16:28

Within six years Eskom will have a 40m tonne coal deficit to meet its annual requirements, and consumers will have to foot the bill for higher transport costs.

 

Exxaro managing costs well - CEO

2014-08-21 18:12

Exxaro is on firm ground to make great strides in the mining industry because it manages costs diligently, says boss Sipho Nkosi.

Eskom offers 'bucket of water' to put out fire

2014-08-21 11:26

Eskom's current pollution reduction plan is wholly inadequate and like offering one bucket of water to put out a fire, says Greenpeace.

SA's coal clean-up digs deep with gasification

2014-08-13 16:28

If scientists are right, coal in the future could produce electricity without ever leaving the ground.

Rio Tinto sells Mozambique coal assets

2014-07-30 10:15

Global miner Rio Tinto has agreed to sell its coal assets in Mozambique to a joint venture of Indian companies for $50m.

SA's Exxaro buys Total's coal assets

2014-07-28 15:09

Mining group Exxaro says it has acquired South African coal assets of Total as part of the group's programme focussing on its core activities.

Timing 'tough' for Thai-Mozambique coal project

2014-07-23 10:15

A Thai-Mozambican consortium has set a target to commission a $4.5bn coal export railway and port terminal project in central Mozambique.

Australia leases world's biggest coal port

2014-04-30 16:05

An Australian and Chinese consortium won a 98-year lease on the world's biggest coal export port, the New South Wales government says.

China to close many small coal mines

2014-04-04 13:55

China will close 1 725 small-scale mines as part of its programme to phase out low-quality coal production, says its energy administration.

Chinese coal firms creak under heavy debt

2014-04-02 11:26

China's top coal-producing province of Inner Mongolia is in crisis, and the outlook for miners across China is grim.

Coal mine blast kills seven in Ukraine

2014-02-18 09:56

Seven miners were killed and nine others injured when a methane blast ripped through a coal mine in eastern Ukraine, say emergency officials.

Indian company explores mining SA coal

2014-02-05 14:52

Officials from the South African department of trade and industry and representatives of Coal of India have agreed to explore mutual prospects.

Rio Tinto boosts output forecasts

2013-10-15 10:09

Global miner Rio Tinto has lifted its forecast copper output for 2013 after a better-than-expected recovery at its landside-hit US Kennecott mine.

New coal railway line to ease road damage

2013-09-29 12:04

The scourge of coal trucks tearing up Mpumalanga's roads will come to an end following the announcement that the R5.2bn Majuba railway line will start in the next two years.

Glencore halts $7bn Australian mine

2013-09-11 12:06

Mining giant Glencore Xstrata says it has put its proposed $7bn Wandoan open-cut energy coal project in Australia on hold as oversupply drags on prices.

Coal prices rise on strike talks

2013-08-13 15:08

Coal has been trading higher for the first time in six weeks, as unions declared a wage dispute and buyers stocked up ahead of winter.

Mozambique's coal railway under threat

2013-06-19 16:36

The Renamo opposition party has threatened to paralyse the only railway line out of Mozambique's vast coalfields, which is mainly used by Vale and Rio Tinto.

Coal exports fall in April

2013-05-06 13:56

The Richards Bay Coal Terminal exported 6.24 million tonnes of coal in April, down from 7.49 million tonnes the previous month, RBCT data show.

Growth in coal demand to slow in 2013

2013-01-09 10:55

Prices for seaborne thermal coal will stay above production costs, while demand and supply of fossil fuel will be slower due to weaker economic growth.

Coal use to surpass oil in 10 years

2012-12-18 11:27

Coal is set to surpass oil as the world's top fuel within a decade, driven by growth in emerging market giants China and India, according to a report.

Eskom to support emerging coal miners

2012-12-10 14:30

A strategy is in place to enable emerging coal miners to play a bigger role in the supply of coal to Eskom, Public Enterprises Minister Malusi Gigaba says.

Eskom mulls new Exxaro coal supply deal

2012-08-01 09:40

Exxaro Resources, the R60bn diversified mining company, says Eskom is considering a fresh coal supply contract for its Medupi power station.

Transnet: Eskom hungry for coal

2012-05-29 21:44

Transnet will face increased demand for coal delivery from Eskom of up to 30 million tons by 2019 to supply its power plants, says CEO Brian Molefe.

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