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The Special Investigations Unit has secured a high court order setting aside a contract worth R3.7-billion between the formerly Gupta-owned mining group Tegeta Exploration & Resources and State power utility Eskom, according to Ministry of Justice and Correctional Services. According to the ministry, the agreement entered into in March 2015 for the supply of coal to Majuba power station for a decade was declared unlawful, invalid and of no legal force. At the time Tegeta was owned by the Gupta...

Source Feed: Mining Weekly | Coal
Categories: coal

The Indian government has framed a scheme to offer funds to the technical and consultancy arm of State miner Coal India Limited (CIL) to expand exploration activities so that more fully explored coal blocks could be put up for auction for bidding by private miners. Under the scheme, Central Mines Planning and Design Institute Limited (CMPDIL), the technical arm of CIL, would receive an estimated $175-million over the next two financial years, as the first tranche to enable it to expand...

Source Feed: Mining Weekly | Coal
Categories: coal

Canadian miner Teck Resources reported a 76% slump in fourth-quarter adjusted profit on Friday, hurt by lower prices for steelmaking coal and warned that the coronavirus epidemic would impact its earnings. Copper and other base metal prices have suffered from a long-drawn tariff war between the United States and China and fears of slowing global growth. The coronavirus outbreak is also expected to dampen demand in China, the world's biggest copper consumer.

Source Feed: Mining Weekly | Coal
Categories: diversified miner

The Moatize coal mine in Mozambique’s Tete province, which is majority owned by Brazilian mining major Vale, achieved a total coal production for last year of 8.77-million tons (Mt), with production for the fourth quarter of that year (4Q19) amounting to 1.876-Mt. Total coal sales for 2019 were 8.783-Mt and for 4Q19, 2.042-Mt. These figures were included in the miner’s recently issued report, Vale’s Production and Sales in 4Q19 and 2019.

Source Feed: Mining Weekly | Coal
Categories: coal

At least five of America’s coal producers went bankrupt in 2019. Prices for the fossil fuel have plunged 40% since a 2018 peak. And some of the nation’s largest miners are retrenching and slashing their dividends. But don’t be mistaken: The fight against climate change hasn’t killed off Coal Country yet. Instead of pouring money into dividends and buybacks, the nation’s largest coal producers say they’re hoarding cash to weather what they see as an impermanent storm. Overall, the industry...

Source Feed: Mining Weekly | Coal
Categories: coal

As bushfires and floods fuel public concerns in Australia about global warming, the country's powerful mining lobby is facing increasing pressure from investors to drop support for new coal mines, according to a dozen interviews with shareholders in global mining companies. Nearly a third of shareholders in BHP Group, the world's biggest miner, last year voted for resolutions to axe its membership in industry groups advocating policies counter to the Paris climate accord, which aims to limit...

Source Feed: Mining Weekly | Coal
Categories: coal

Diversified miner Exxaro Resources has issued a request for expressions of interest (EoIs) from parties interested in potentially acquiring Exxaro Coal Central (ECC) and the Leeuwpan coal mine. This follows the conclusion of an internal portfolio review to evaluate and optimise the group's portfolio of coal operations and projects, which determined that these assets were noncore to the future objectives of Exxaro.

Source Feed: Mining Weekly | Coal
Categories: coal

Graham du Preez has resigned as interim CFO of TSX-V- and AltX-listed Buffalo Coal Corporation to pursue other endeavours. The coal producer on Wednesday said it was finalising the process of identifying and appointing a permanent CFO.

Source Feed: Mining Weekly | Coal
Categories: coal

JSE-listed coal miner Wescoal says its Moabsvelden project implementation is progressing to plan with a contract mine having been selected. The appointment, however, remains subject to a contract mining agreement being signed.

Source Feed: Mining Weekly | Coal
Categories: coal

The Mexican government will resume a search for the bodies of dozens of coal miners killed in a blast more than a decade ago, after mining firm Grupo Mexico returned the concession for the site to the government, officials said on Wednesday. Speaking on the 14th anniversary of the blast, Labor Secretary Luisa Maria Alcalde told a news conference that specialists have identified a new route to enter the Pasta de Conchos mine and plan to resume the search in October. She also said experts had...

Source Feed: Mining Weekly | Coal
Categories: safety










Readers react to an Op-Ed article by the novelist Richard Flanagan that faults the country’s politicians, among other things.

Source Feed: Coal


The U.S. Court of Appeals for the Seventh Circuit has upheld an earlier district court decision that Clean Air Act liabilities do not transfer to new owners when a facility is sold, while the Third Circuit has upheld an Environmental Protection Agency (EPA) rule to limit sulfur dioxide emissions from a Pennsylvania coal-fired power plant on request of New Jersey, a downwind state....

Source Feed: COAL POWER magazine :: Environmental

A divided three-judge panel of the 10th U.S. Circuit Court of Appeals recently rejected Oklahoma State's challenge to the Environmental Protection Agency's (EPA's) implementation of a regional haze rule to limit emissions from power plants in the state....

Source Feed: COAL POWER magazine :: Environmental

Beware the letter from the Environmental Protection Agency asking seemingly innocuous questions about your plant....

Source Feed: COAL POWER magazine :: Environmental

AES Corp.’s subsidiary Dayton Power & Light (DP&L) plans to retire six coal-fired units representing about 390 MW at its 414-MW Hutchings coal-, gas-, and oil-fired plant in Miamisburg, Ohio, by June 2015 as a result of existing and expected environmental regulations, including the Mercury and Air Toxics Standards (MATS). The news comes on the heels of Indianapolis Power & Light Co.’s (IPL’s) announcement that it plans to retire 600 MW of coal-fired capacity to comply with environmental...

Source Feed: COAL POWER magazine :: Environmental

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In a report released on May 13, the U.S. Energy Information Administration (EIA) presents data on energy-related carbon dioxide (CO2) emissions for each state by year, fuel, sector, and other breakouts for the years 2000 through 2010....

Source Feed: COAL POWER magazine :: Environmental

The Environmental Protection Agency (EPA) estimates final regulations curbing greenhouse gas (GHG), mercury, and air toxics emissions from new sources could appear in the Federal Register by the end of April. Also forthcoming are final cooling water intake rules and proposed effluent guidelines. The coal ash rule, which has no target date for a final rule, may not be issued this year, the agency said....

Source Feed: COAL POWER magazine :: Environmental

The integrated gasification combined cycle (IGCC) plant located in Kemper County, Mississippi, is a 2 x 1 plant that will produce 582 MW at peak and 524 MW fired on syngas, with ammonia, sulfuric acid, and carbon dioxide as by-products. The carbon dioxide will be used for enhanced oil recovery (EOR). Engineering was completed in Q3 2012, and the facility’s commercial operation date is planned for May 2014....

Source Feed: COAL POWER magazine :: Environmental


Power plant emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) in the U.S. declined to their lowest level since 1990, the Energy Information Administration (EIA) said in early March....

Source Feed: COAL POWER magazine :: Environmental

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