China’s coal demand will start to fall in 2025 once consumption at utilities and other industrial sectors reaches its peak, a State-owned think tank said in a new report, easing pressure on Beijing to impose tougher curbs on fossil fuels.
The world’s …
China’s coal demand to peak around 2025, global usage to follow – report Read More »
Vale Moçambique, the coal-mining subsidiary of the major Brazilian mining group Vale, has announced that it has lowered its production forecast for this year from 14-million tons to 10-million tons. This information was released at a presentation on it…
Moz coal operation again hit by rain, might have a local offtaker in three years Read More »
Johannesburg Stock Exchange-listed coal-mining and energy company Exxaro Resources said on Thursday that it was experiencing higher insurance premiums in the renewal of its insurance policies. In reporting 24% lower net operating profit of R2.4-billion…
Climate risk lifting insurance premiums for coal mining company Exxaro Read More »
Black-empowered coal-mining and energy resources company Exxaro on Thursday rewarded shareholders with a double dividend on lower profit and revenue in the six months to June 30. The company declared an interim and special cash dividend and reported ea…
Exxaro declares double dividend on lower profit, revenue Read More »
Coal miner Stanmore Coal has reported record net profits after tax for the 2019 financial year on the back of higher sales volumes and prices.
The ASX-listed miner on Thursday reported net profit after tax rose to A$91.6-million, up from the A$5.9-mi…
Stanmore reports record profits Read More »
Coal miner Stanmore Coal has reported record net profits after tax for the 2019 financial year on the back of higher sales volumes and prices.
The ASX-listed miner on Thursday reported net profit after tax rose to A$91.6-million, up from the A$5.9-mi…
Stanmroe reports record profits Read More »
Along with increasing coal production in the first half of 2019, ASX-listed Yancoal Australia has reported an increase in profit after tax, which reached $564-million, compared with the $361-million in the previous corresponding period.
Revenue from c…
Yancoal increases profit and production Read More »
The profitability of North American coal miners is set to worsen in the next 12 to 18 months on the back of an expected decrease in export prices for thermal coal, particularly in Europe, combined with mostly open contract positions for some producers …
Weak export prices tip North America coal outlook to negative Read More »
Seriti Resources, a South African mining company, won a bid to acquire South32’s thermal-coal assets in the country, according to two people familiar with the process.
Final offers were in a range of $300-million to $350-million, according to one of t…
Seriti Resources said to win bid for South32 coal assets Read More »
Aim-listed Edenville Energy has taken delivery of two 30 t trucks that will be used for loading and hauling at its Rukwa coal-to-power project, in Tanzania.
The company used a modest part of proceeds from fundraising undertaken in May to acquire the …
New trucks to boost productivity at Edenville’s Rukwa Read More »
