Coal - Copperbelt Katanga Mining

Lubu Project begins washed coking coal production in Zimbabwe

May 26, 2023May 26, 2023 Constance

Contango Holdings Plc, a natural resource development company, has announced that the production of washed coking coal has commenced at its flagship Lubu Coking Coal Project in Zimbabwe. Stockpiles of coking coal have already been established by the Wirtgen Surface Miner which can mine at a rate of up to 1,000 tonnes per hour of coking coal. The company will continue to undertake studies on washed coal production to ensure optimisation and samples will also be sent to several parties who have indicated they would look to enter into long-term offtake contracts.… Read More Here

International Artisanal mining Coal Gold

Over 2,000 Artisanal Mining sites exist in Mozambique

March 10, 2023March 10, 2023 Constance

Over 2,160 artisanal mining sites have been identified in Mozambique as part of the Artisanal Mining Census. The results have been published by the Ministry of Mineral Resources and Energy, in coordination with the National Statistics Institute (INE). According to Thursday’s issue of the Maputo daily “Notícias”, the data show that, of the total sites, 1,577 are active with 31 per cent dedicated to gold mining. In 2021. artisanal mining involved 806,957 people, corresponding to 2.6 per cent of the country’s population. Three-quarters of the miners have this activity as… Read More Here

Mining in Zambia Battery Metals Coal Copper

Mineral Commodity Prices Last Week

March 5, 2023March 5, 2023 Constance

According to the latest information, mineral commodity prices increased last week. This news is significant for the mining industry as it could signal a shift in demand for minerals such as copper, Cobalt, and Nickel. The rise in prices may also have implications for the global economy as many countries rely on these commodities for their manufacturing and industrial sectors. However, it remains to be seen whether this price increase will be sustained over the long term or if it is merely a temporary fluctuation in the market. Read More Here

Coal International New Mining Projects

Canyon Coal Establishes New Mine in Mpumalanga, South Africa

February 5, 2023February 5, 2023 Constance

Canyon Coal, a subsidiary of private investment company Menar, is constructing a new coal mine in Hendrina, Mpumalanga. Production is expected to start in the second half of 2023. The first phase of the Gugulethu project, on track to be completed in 8-10 months, is expected to produce 1.2 million t/y of 5 500 kc NAR coal. “We are in the development phase and have already done the tenders for the civils and the processing plant. Our mining equipment has started to arrive,” states Gugulethu Colliery GM Jarmi Steyn. Formerly… Read More Here

Gold Battery Metals Coal International

Metals And Mining Industry Pessimistic About Global Growth

January 27, 2023January 27, 2023 Constance

More than half (52%) of CRU clients in the metals and mining industries expect global GDP to grow by no more than 1% in 2023, according to CRU’s annual macroeconomic survey of clients, which polled global clients from the metals and mining industries in December 2022. The outlook is bleaker than CRU’s forecast for global GDP growth in 2023, which sits at 1.6%. Inflation, energy prices and the Russia-Ukraine war continue to shape global markets and remain front of mind heading into 2023. In addition to the stark outlook for… Read More Here

Coal International

Buffalo Coal Dundee Secures USD$30,000,000 from SARB

January 25, 2023January 25, 2023 Constance

Buffalo Coal Corp. has announced that its wholly owned subsidiary, Buffalo Coal Dundee has entered into and received approval from the South African Reserve Bank (SARB) regarding a secured credit facility agreement dated November 7, 2022 and addendum to the facility agreement dated December 29, 2022 with Ikwezi Mining FZE, an affiliate of the company’s majority shareholder, Belvedere Resources. Pursuant to the Credit Agreement, the Lender will make a credit facility available to BCD in the aggregate principal amount of USD$30,000,000, which amount may be drawn in up to ten… Read More Here

Coal International

Buffalo Coal Dundee Secures USD$30,000,000 From SARB

January 23, 2023January 23, 2023 Constance

International Coal Energy

Global Coal Demand Set To Rise Amid Upheaval Of The Energy Crisis

January 12, 2023January 12, 2023 Constance

Coal markets have been shaken severely in 2022, with traditional trade flows disrupted, prices soaring, and demand set to grow by 1.2%, reaching an all-time high and surpassing 8 billion tonnes for the first time. In last year’s annual market report, Coal 2021, we said that global coal demand might well reach a new peak in 2022 or 2023 before plateauing thereafter. Despite the global energy crisis, our overall outlook remains unchanged this year, as various factors are offsetting each other. Russia’s invasion of Ukraine has sharply altered the dynamics… Read More Here

International Coal Energy

Arq Process Converts Fine Coal Waste Into Microfine Hydrocarbon

January 9, 2023January 9, 2023 Constance

Arq, an innovator in recovery and transformation of coal waste into an entirely new source of high-value energy, recently installed eight 18-foot Eriez® CavTube flotation columns in its first commercial facility located in Corbin, Kentucky. The Arq process converts fine coal waste into Arq Fuel™, a high value, microfine hydrocarbon with an average particle size of less than 5 microns and less than 1% mineral matter that can be blended into oil products. Arq Fuel™ behaves like oil without the costs of the oil industry. Eriez’ CavTube columns, which are… Read More Here