Energy

MC Mining to downscale Vele Colliery as coal price slides

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MC Mining announced on Wednesday the downscaling of already modest production at the Vele Colliery in South Africa's Limpopo province owing to depressed thermal...

Thungela desperately needs Transnet to lift its game this year

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SOUTH Africa's coal producers desperately need an improvement in exports this year. The likelihood of this happening though is doubtful. Export coal sales through Richards...

SA coal exports will barely grow in 2024 as TFR toils

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COAL exports through the Richards Bay Coal Terminal (RBCT) fell even further last year after 2022’s abysmal performance with the 2023 throughput of 47.21...

MC Mining takeover delayed after bidding consortium misses deadline

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A BID for control of MC Mining had been delayed, the company said on Wednesday, adding in its announcement to the JSE shareholders should...

Coal exports surpass billion ton mark, registering all-time record

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WORLDWIDE electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion tons for the first time as coal's...

Goviex “optimistic” Niger coup won’t derail uranium project funding

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URANIUM developer Goviex said it was "optimistic" it would attract funding to its $343m Madouela Project in Niger following a military coup in the...

Early blow to SA coal exports this year following TFR train...

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SOUTH Africa's coal exports were again interrupted after two trains collided on Sunday, said News24. Transnet Freight Rail (TF), a division of state-owned ports and...

Thungela says SA’s coal exports to fall to fresh lows in...

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THUNGELA Resources said the failure of Transnet Freight Rail (TFR) to stop a decline in coal deliveries this year would result in lower export...

TFR announces plans to up tempo of coal deliveries

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TRANSNET Freight Rail, a division of Transnet, said on Thursday it was ramping up coal trains along its North Corridor in order to ease...

Exxaro confirms no lift in coal exports despite helping TFR

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EXXARO Resources said it expected to conclude the sale of its ferroalloys operations by the middle of next year having previously identified it as...