For more than two decades, Zimbabwe has been trying to break ground on a giant coal-power complex by the world’s biggest man-made reservoir. China just agreed to get the $4.2-billion project underway.
The development near the southern shore of Lake Ka…
China is virtually alone in backing Africa’s coal projects Read More »
Anglo American plans to exit its South African thermal coal business within the next three years by spinning off the unit as the miner accelerates its retreat from the dirtiest fuel. Anglo has been increasingly vocal on its plans to stop mining thermal…
Anglo American working towards demerger of South African coal assets Read More »
Five people have been injured in an explosion at diversified miner Anglo American’s Grosvenor coal mine, in Queensland, the miner confirmed on Wednesday.
The miner said in a statement to Mining Weekly Online that the mine was in the process of being …
Five injured in Grosvenor explosion Read More »
Five people have been injured in an explosion at diversified miner Anglo American’s Grosvenor coal mine, in Queensland, the miner confirmed on Wednesday.
The miner said in a statement to Mining Weekly Online that the mine was in the process of being …
Five injured in Anglo American coal mine explosion Read More »
Coal mining company Buffalo Coal said on Wednesday that it had implemented a ‘no-work-no-pay’ policy for those employees whose services could be not utilised since the extension of national lockdown on April 17. In its fourth Covid-19 update, Buffalo s…
Buffalo implements ‘no work, no pay’ for unusable services employees Read More »
Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already …
Coal snags $31m in US stimulus loans for small business Read More »
Bharat Coking Coal, a unit of Coal India, the world’s largest producer, is planning a debt-raising to meet expenses, after payment curtailments by power generators led to a cash-squeeze, according to people familiar with development.
The company, base…
Top coal miner seeks loans as lockdown saps payments Read More »
The mechanised Uitkomst underground colliery has restarted, with ramp up to 50% capacity expected in seven to ten days, London-, Sydney- and Johannesburg-listed MC Mining said on Tuesday. The lockdown’s impact on activities at the corporate office had …
MC Mining restarts, ‘no work, no pay’ for nonessential staff Read More »
JSE-listed Hwange Colliery Company has reported a gross profit of ZWL182-million for the year ended December 31, 2019, compared with a loss of ZWL3.3-million the year before. Its net loss, however, widened from ZWL78-million to ZWL91-million, owing to …
Hwange sets focus on improving production, sales Read More »
US-based miner Arch Coal will be known as Arch Resources from May 15, underscoring the company’s transition to a producer of metallurgical products for the global steel industry.
“Arch produces some of the world’s highest quality metallurgical product…
Arch drops coal from name to highlight focus on metallurgical markets Read More »
