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Australian Resources Minster Matt Canavan on Thursday said that the latest World Energy Outlook had reinforced opportunities for Australia to strengthen its role as a growing, reliable and competitive supplier of high quality coal and gas to Asia, including the fast-growing Indian economy. The World Energy Outlook 2019, released by the International Energy Agency (IEA), has estimated that under the Current Policies Scenario, global energy demand will rise by 1.3% a year to 2040, resulting in...

Source Feed: Mining Weekly | Coal
Categories: energy

The African Development Bank (AfDB) will not fund a coal-fired power plant project in Kenya and has no plans to finance new coal plants in future, senior AfDB officials told Reuters. The Abidjan-based lender published an environmental and social impact assessment in May for the Lamu project, which was planned near a Unesco World Heritage Site but which was halted by a local environmental tribunal.

Source Feed: Mining Weekly | Coal
Categories: energy

The country has long been a model for common-sense public policy. But this week’s fires have revealed once again that its pragmatism stops at climate change.

Source Feed: Coal

Eskom Holdings' bonds, rated deep junk, are the gift that keeps on giving. The securities yield more than the government’s debt, yet are backed by a guarantee that kicks in before a default is even on the horizon. The yield premium on Eskom’s rand bonds has tightened this year, even though the company has a stand-alone credit score nine steps below investment grade at Fitch Ratings and a debt pile of R450-billion. That’s because they still offer a pickup of more than 100 basis points and are,...

Source Feed: Mining Weekly | Coal
Categories: electricity

Global greenhouse-gas pollution rose for a second year, ending a lull in emissions and putting the world on track for further increases through 2040 unless governments take radical action. The findings in the International Energy Agency’s annual report on energy paint a grim outlook for efforts to rein in climate change and mark a setback for the increasingly vocal environmental movement.

Source Feed: Mining Weekly | Coal
Categories: pollution


Yesterday
The Democratic Party, looking to bring down Trump, should look at the recent Israeli elections.

Source Feed: Coal

Media company Hyve Group content head Tom Quinn on Tuesday told the media that the organising team of the 2020 iteration of the Investing in Africa Mining Indaba has seen an increased appetite for engagement within the African mining sector, particularly for discussions touching on sustainability. This drive toward conversations on sustainability, he added, “shows that mining companies want to sustain communities and provide employment”.

Source Feed: Mining Weekly | Coal
Categories: mining indaba

Anglo American dropped another hint that its days of mining the world’s most polluting fuel are limited. In a slew of presentations released for an investor visit to Anglo assets in Australia, thermal coal was noticeably absent from a list of units seen to have long-term potential. The company is on a trajectory away from thermal coal, and will do so responsibly, an Anglo spokesperson said.

Source Feed: Mining Weekly | Coal
Categories: coal

Following ArcelorMittal South Africa’s (AMSA’s) decision to wind down its steel operations at Saldanha Works, in the Western Cape, Kumba Iron Ore has reduced its iron-ore sales guidance for the full year to between 41.5-million and 42.5-million tonnes. Initial guidance was set at between 42-million and 43-million tonnes.

Source Feed: Mining Weekly | Coal
Categories: iron-ore

As coal prices tumble and bankruptcies rise, two leading US miners are pushing ahead with plans to expand. Arch Coal and Consol Energy remain on track to open new mines to dig steelmaking, or metallurgical, coal from the West Virginia hills. It comes as the market is already glutted, with prices down about 30% in 12 months.

Source Feed: Mining Weekly | Coal
Categories: coal

Coal developer Aspire Mining has reported improved financial outcomes for its Ovoot early development project (OEDP), in Mongolia. Aspire on Monday said that recent mining contractor quoted rates have reduced mine gate cost per tonne by around 19%, from $32/80/t to $26.40/t over the life of the project.

Source Feed: Mining Weekly | Coal
Categories: coal

Diversified miner Exxaro Resources on Friday launched its Khetha Ukuphepha safety campaign across all its business units and operations, as part of its journey towards zero harm. The campaign is aimed at improving the company’s lost time injury frequency rate (LTIFR) back to the target of 0.11 and to establish a firm foundation and culture of further improvements beyond this target to achieve zero harm.

Source Feed: Mining Weekly | Coal
Categories: coal; health & safety








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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

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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