Thungela starts rehabilitation of damaged river system
THUNGELA Resources has begun years-long work aimed at repopulating a river system with fish that was severly damaged as a result of a spill...
Thungela down 30% this year as forecasts hefty earnings slide
THUNGELA Resources, the Johannesburg-listed coal miner, on Friday forecast a steep decline in earnings for the 12 months ended December 2021.
Share earnings would be...
Six million people could be affected by coal, gold mine closures
AN estimated six million people who live near mining areas in South Africa will be affected socially and economically by mine closures, said BusinessLive.
Citing...
Transmission infrastructure urgently needed for Mpumalanga
SOUTH Africa's Mpumalanga province could run out of available grid capacity within the next five to six years if no new transmission infrastructure is built...
Thungela touches down in Dubai as eyes export drive
THUNGELA Resources is to market its coal production from Dubai after establishing a sales company with the emirate's Dubai Multi Commodity Centre Authority.
The move...
MC Mining to downscale Vele Colliery as coal price slides
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
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
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
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
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...