JSE-listed Wescoal has, through its wholly-owned Keaton Energy subsidiary, entered into and executed an agreement to acquire Mbabazini Esther Dhladla’s shares in Neosho Trading – the owner of the Moabsvelden project. Keaton will acquire the shares, whi…
Wescoal to acquire remaining minority interest at Neosho Read More »
India’s Power Ministry has estimated coal demand from domestic thermal power plants at 651-million tons in 2019/20. State-miner Coal India Limited has assured thermal power producers supply of 530-million tons during the financial year, while the balan…
Indian govt projects sharp drop in thermal coal imports but analyst disagree Read More »
An independent commission proposed by the state government found that Posco’s subsidiary needs to address certain environmental and social issues before its mine gets approved.
The post Uncertain future for Hume Coal’s mine in Australia appeared first on MINING.com.
Uncertain future for Hume Coal’s mine in Australia Read More »
Brazil’s Vale, the world’s top iron-ore miner, has named Marcelo Spinelli as its new head of coal and ferrous metals, it said in a filing on Monday. Spinelli has served as the chief executive of VLI Logistica, a maritime and railway logistics firm in w…
Vale names logistics exec as new coal and ferrous metals chief Read More »
On the supply side, Fitch expects production misses from Australia to keep the market tight in the coming quarters as large diversified miners lose their appetite for mining coal.
The post Coking coal price to remain elevated in 2019— report appeared first on MINING.com.
Coking coal price to remain elevated in 2019— report Read More »
Coal miner Peabody has taken the first step to resuming operations at the fire-hit North Goonyella mine in Queensland, Australia, with an announcement on Friday that it is proceeding with the ventilation of the first segment of the coal mine.
This for…
Peabody starts reventilating North Goonyella with aim of resuming production next year Read More »
Queensland Premier Annastacia Palaszczuk on Friday said that Indian major Adani’s two outstanding management plans for its multi-billion dollar Carmichael project should be resolved by June 13.
The deadline comes after the Premier earlier this week c…
Palaszczuk gives June 13 deadline for Adani approvals Read More »
Moving against a general trend among Indian miners of closing down underground mines, State-run Singareni Collieries Company Limited (SCCL) has started work on developing a new underground mine in the southern state of Telangana.
SCCL will develop the…
India’s SCCL developing greenfield underground coal mine Read More »
Fitch Solutions maintains its forecast for an average coking coal price of $195/t for this year, stating that prices will remain elevated, with strong demand from China’s steel sector, as US–China relations continue to deteriorate and the probability r…
India to surpass China as largest importer of coking coal by 2025 Read More »
JSE-listed Wescoal on Wednesday said it had resumed coal mining, handling and processing activities at the Vanggatfontein mine as of May 20 and that the mine was expected to ramp-up to full production in early June – two weeks ahead of schedule. In lat…
Vanggatfontein to ramp up to full output two weeks ahead of schedule Read More »
