ARTICLES RELATING TO COAL

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.

LontohCoal reneges on coal pact

2012-04-29 11:15

LontohCoal has backtracked on an agreement with Kwasa ­Mining Services to pay R1.5m for a coal consignment it bought from a mine in Piet Retief, Mpumalanga.

Asia takes 78% of SA's coal exports

2012-03-23 08:54

Asia's share of South Africa's coal exports rose to 78% or 4.7 million tonnes in February out of a total of 6 million, up from 61% in the previous month, exporters say.

Shabangu: Invest more in clean coal

2012-02-02 11:43

The coal industry needs to invest more in clean technologies to help SA reduce its carbon footprint, says Mineral Resources Minister Susan Shabangu.

SA, Swaziland to build R17bn rail line

2012-01-12 12:57

Logistics group Transnet and Swaziland Railways have agreed to build a new rail line via Swaziland to ease congestion on a main coal export line and boost trade.

Riot police, Chinese protestors clash again

2011-12-23 10:23

Riot police fired teargas as violent demonstrations against coal-fired power stations continued for a fourth day.

Sasol expects 45% higher earnings

2011-11-23 11:40

Synthetic fuels producer Sasol says earnings per share and headline earnings per share for the first six months are estimated to increase by at least 45%.

Transnet moving coal at record rate

2011-10-26 11:16

Coal is being transported to the Richards Bay Coal Terminal at a record 1.6 million tonnes, says logistics group Transnet.

Exxaro to exit Zincor refinery

2011-10-10 15:58

Exxaro says it will cease operations at its unprofitable Zincor refinery at the end of December, after it failed to sell the plant.

CoAL revenue rockets

2011-09-19 09:56

JSE-listed coal company Coal of Africa grew its revenue by 166%, according to full-year financial results.

Coal workers set for strike

2011-07-24 11:25

About 150 000 coal workers, employed at 20 companies across SA, are expected to down tools soon, says the National Union of Mineworkers.

Coal workers to strike

2011-07-20 20:17

About 150 000 workers will strike for "many weeks", a union says.

State levy adds to Eskom's coal cost

2011-07-15 07:12

An environmental levy paid to the government has contributed to a steep rise in Eskom's coal costs.

Transnet eyes Swazi line in next few years

2011-06-27 12:54

A freight line that would take general goods off the coal line could happen in the next two to three years, says Transnet CEO Brian Molefe.

Keaton Energy turns profit

2011-06-22 13:50

Coal exploration company Keaton Energy has made a profit for its financial year ending March 31, it says.

 

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.

Transnet to move more coal to power plants

2012-05-29 11:01

Transnet expects coal transported along its lines to triple to 30 million tonnes within seven years to meet demand at coal-fired power stations.

Transnet to boost port rail capacity

2012-04-10 10:54

State-owned logistics group Transnet plans to increase its capacity to haul iron ore from mines to ports by 56% over the next seven years, says CEO Brian Molefe.

Aus mines have insurance against lower prices

2012-03-21 14:34

Increased shipments of coal, iron ore and gas would more than make up for any fall in their value, Australian officials say.

Strike at Exxaro called off

2012-01-13 15:04

Exxaro Resources says it has reached agreement with workers at its Arnot coal mine, averting industrial action.

Malawi, Vale ink $1bn rail line deal

2012-01-11 11:35

Malawi has signed a $1bn deal with mining giant Vale for construction and rehabilitation of a rail line to transport 18 million tonnes of coal from Mozambique.

SA coal exports surge

2011-12-01 16:42

South Africa's coal exports in the fourth quarter rose to a level only slightly lower than that of the entire first half.

Patel: Quick switch from coal will cost SA

2011-11-08 19:15

Coal will remain a vital energy source as a drastic move to renewable energy will destabilise the economy, says Economic Development Minister Ebrahim Patel.

Fury at govt OK for Mapungubwe mining

2011-10-21 10:04

Activists have reacted with fury to the government's decision to allow an Australian company to resume mining close to the Mapungubwe World Heritage Site.

Shanduka eyes bigger slice in coal venture

2011-10-07 08:50

Shanduka Group hopes to close a deal before year-end which would up its stake in a coal venture with global trader Glencore to a controlling one, a report says.

Coal strike kicks off

2011-07-25 08:45

Workers in the coal industry have embarked on a countrywide strike, warning of "serious implications" for the economy if their demands were not met.

New strike threatens power supply

2011-07-20 22:23

While fuel firms hope a disrupting strike may end soon, new industrial action in the coal sector may hit electricity production.

Tough times at the face

2011-07-07 00:00

New entrants to South Africa’s coal sector had a bucket of cold water thrown over them at the Coaltrans South Africa conference held recently in Johannesburg.

Transnet boasts rise in profit

2011-06-27 10:46

Higher volumes helped transport parastatal Transnet boost its earnings to R15.8bn, compared to R14.4bn the year before.

Eskom: Coal miners must invest R100bn

2011-06-21 17:49

Power utility Eskom says miners will have to inject more than R100bn in coal mines before 2018 to be able to meet its demand.

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