Crude and natgas prices stabilised over the week, with EU emissions prices also recovering from their lows end March. However, it remains a torrid time for SA coal exporters as demand for spot physical cargoes evaporates. The RB1 physical discount to p…
Weekly Coal Index Report Read More »
Absa has published an updated sustainability policy and standard for financing coal, affirming the bank’s commitment to responsible financing and doing its bit towards mitigating climate change.
The updated policy applies the Principles for Responsib…
Absa imposes strict new coal project financing criteria Read More »
A scoping study into the Elan hard coking coal project, in Alberta Canada, has demonstrated the project’s economics for ASX-listed Atrum Coal.
The scoping study considered to development options for the Elan project, namely a 10-million tonne a year…
Atrum’s Canada project scoping proves a winner Read More »
Coal miner Whitehaven Coal on Thursday said that it would not be making a final investment decision on any of its growth projects, including the A$700-million Vickery extension project, during 2020.
The miner told shareholders that studies continued t…
Whitehaven taking no expansion decisions in 2020 Read More »
US coal miner Consol Energy has resumed normal operations at its Bailey mine, where production was curtailed on March 30, after two employees tested positive for Covid-19.
The miner confirmed on Tuesday that the workforce at the Bailey mine, part of t…
Consol reopens one Pennsylvania mine as it shuts another Read More »
Coal miner and supplier Buffalo Coal recorded a 294% decrease in its basic and diluted earnings for the year ended December 31, 2019, to 10c a share. The company owns 100% of the shares in Buffalo Coal (BC) Dundee, which has an interest in two operatin…
Buffalo Coal’s full-year earnings fall Read More »
China’s coal prices have sunk to levels that threaten State intervention, but this time policy makers may refrain from doing so as they continue efforts to buttress the economy hurt by the coronavirus pandemic.
The government will try to keep power pr…
China’s ‘green zone’ coal price tested as virus fight continues Read More »
South Africa’s Department of Mineral Resources and Energy has granted KwaZulu-Natal miner Buffalo Coal permission to resume mining activities at 30% operating capacity.
The company, which is listed on the TSX-V, said on Thursday it would resume mining…
Buffalo Coal granted permission to resume at 30% of capacity Read More »
JSE-listed coal miner Wescoal will make use of the two-month extension period afforded to listed companies for reporting on their results for the year-ends to December 31, 2019; and January 31, February 29 and March 31, this year.
Wescoal motivates t…
Wescoal delays results publication to August Read More »
Takeover target Stanmore Coal has reported another solid quarter during the three months to March, with run-of-mine (ROM) coal production reaching 813 000 t.
The March quarterly ROM production was down 6% on the 864 000 t produced in the previous quar…
Stanmore’s coal sales soar in March Q Read More »
