This Month in Coal | E & MJ

This Month in Coal

Sasol Makes Improvements in South Africa

South African coal operator, Sasol, recently reported that mining productivity for H2 2023 was 6% higher than the same period in 2022, and Secunda Collieries’ productivity was 5% higher. “Although...

Australia’s North Goonyella Renamed Centurion

Peabody announced that its North Goonyella mine in Queensland, Australia, will now be known as the Centurion mine. In October, the company reached an agreement to acquire a large portion of the Wards Well coal deposit adjacent...

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Sanctions Weigh Heavily on Russian Coal Miners

By Vladislav Vorotnikov By 2030, Russian coal exports are expected to slump by 30% or 64 million metric tons (mt), against 2021, unless massive investments are pumped into railway infrastructure development and...

Peabody Strengthens Its Met Platform

Peabody said it is making strategic investments in its existing seaborne metallurgical portfolio to substantially increase expected coal production and mine life. During Q3 2023, the company made substantial progress on...

Glencore to Acquire Teck’s Coal Assets

Glencore plc has reached an agreement with Teck Resources Ltd. to acquire a 77% interest in Teck’s metallurgical coal mining business, Elk Valley Resources (EVR), for $6.93 billion in cash. “These...

Arch Revises Guidance Based on Leer South’s Performance

Arch Resources, Inc. this week revised its full-year 2023 guidance for coking coal sales downward to 8.6 to 8.9 million tons from 8.9 to 9.7 million tons, due primarily to ongoing challenges with mining conditions in the first...

NSW Raises Coal Royalties

The Australian state of New South Wales (NSW) said it will raise coal royalty rates to ensure the state earns a fair return for its resources under modern market conditions. The new scheme will see coal royalties increase by...

Bathurst Acquires Tenas Project in British Columbia

Bathurst Resources Ltd. entered into an agreement to purchase the assets of the Tenas Coking Coal Project, comprising the Telkwa Metallurgical Coal Complex from Telkwa Coal Ltd., a subsidiary of Allegiance Coal Ltd., which is...

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MMI Events

Calendar
Society for Mining, Metallurgy and Exploration (SME)
02/25/2024 - 02/28/2024
Phoenix, Arizona, USA
Prospectors & Developers Association of Canada (PDAC)
03/03/2024 - 03/06/2024
Toronto, Canada
CIM Connect
05/12/2024 - 05/15/2024
Vancouver Convention Centre, Vancouver, Canada

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