Poland’s biggest coal producer PGG started talks on Tuesday with trade unions on a package of mine closures and pay cuts, measures the company said were designed to help it overcome the effects of the coronavirus crises. State-run news agency PAP repor…
Poland’s PGG holds talks with trade unions on mine closure plan Read More »
Thankfully the RB1 physical discount has narrowed, with some supply demand balance returning to physical markets. This helped FOB RBCT to push back above the $50 mark, although RB3 and lower grades remain more heavily discounted. European power, natura…
Weekly Coal Index Report Read More »
Poland’s health ministry expects a resurgence in the number of new coronavirus infections to end after it tests and isolates suspected cases in the southern mining region of Silesia, officials said. On Saturday the number of new infections rose by 584,…
Poland braces for second wave as virus spikes in coal mines Read More »
Botswana-based coal miner Minergy, which owns and operates the Masama coal mine in the Mmamabula coalfield, exported its first coal by rail to South Africa on July 17.
The coal was loaded onto trucks and transported 60 km to the rail siding at Tshele…
Minergy exports first coal to South African client Read More »
Aim-listed Edenville Energy’s subsidiary, Edenville International (Tanzania) Limited (EITL), has entered into a $1-million loan agreement with its strategic partner, privately owned, Tanzanian incorporated company Infrastructure and Logistics Tanzania …
Edenville’s Tanzanian subsidiary enters into $1m loan agreement Read More »
Coal-mining company Wescoal reported a R137-million loss for the 12 months to March 31, but performance in the latest two consecutive quarters has all the hallmarks of putting the coal-mining company back on the recovery path. Speaking to Mining Weekly…
Latest quarters point to recovery as Wescoal reports R137m loss Read More »
Coal miner MC Mining has satisfied the conditions in a restructured loan agreement with the Industrial Development Corporation of South Africa, with this condition required for the company to secure commitments for the issue of new equity for a collect…
MC Mining satisfies condition for drawdown of IDC loan Read More »
The Mt Arthur coal mine in Australia is one of the world’s best. It’s got plenty of reserves and the low-cost supplies produced there are easily shipped to Southeast Asia, where there’s insatiable appetite for the fuel.
Yet owner BHP Group has a probl…
Stuck with coal pits the world needs, but few want Read More »
Both spot and front-year coal prices recorded gains, as Glencore seeks to suspend operations at its Prodeco unit in Colombia for up to four years. Producers in both Colombia and Russia have recently taken steps to limit output, to help reduce market ov…
Weekly Coal Index Report Read More »
JSE- and TSX-listed Buffalo Coal confirms that another of its employees has tested positive for Covid-19.
This time, an employee working underground at its Aviemore operation has been affected.
Buffalo confirms another positive Covid-19 case, more staff self-isolate Read More »
