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AFC joins Ncondezi Energy’s existing shareholder loan facility

AFC joins Ncondezi Energy’s existing shareholder loan facility

Africa Finance Corp. joins Ncondezi Energy’s existing US$1.32 million loan facility announced in May 2016 and has committed an additional US$3 million to the shareholder loan facility in two tranches.

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The latest coal news

Matrix and Monitech partner in Africa

Matrix and Monitech partner in Africa

Matrix and Brentwood Electronics T/A Monitech partner to distribute and integrate Matrix product line, including mine proximity detection systems, to the African mining industry.

MSHA issues call to safety to US coal miners

MSHA issues call to safety to US coal miners

The US Mine Safety and Health Administration is issuing a call to safety to coal miners working in underground and opencast mines across the US.

Foresight Energy restructures

Foresight Energy restructures

Foresight Energy has completed an out-of-court restructuring of over US$1.4 billion in indebtedness pursuant to the terms of Transaction Support Agreements previously executed.

Dominion improve Clinch River water quality

Dominion improve Clinch River water quality

Dominion is finishing a major clean up project in Southwest Virginia that will help improve water quality in the Clinch River.

 

Anglo American board member steps down

Anglo American board member steps down

Judy Dlamini intends to step down from Anglo American’s board in order to focus on other business commitments.

Coal consumption by US educational institutions declines by 64%

Coal consumption by US educational institutions declines by 64%

Coal consumption by educational institutions in the US fell to 700 000 short t in 2015, according to the US Energy Information Administration.

US DOE announces carbon dioxide products funding

US DOE announces carbon dioxide products funding

The US Department of Energy (DOE) has announced approximately US$6.7 million in federal funding for products produced from carbon dioxide.

SwRI to lead US$3.3 million oxy-combustion pilot plant study

SwRI to lead US$3.3 million oxy-combustion pilot plant study

Southwest Research Institute (SwRI) is leading a team to help formulate a plan for an oxy-combustion pilot plant under a US$3.3 million project from the US.

 

CERI joins the Carbon Capture International Test Center Network

CERI joins the Carbon Capture International Test Center Network

Huaneng Clean Energy Research Institute has gained membership in International Test Center Network to support advancement of carbon capture technologies.

Anglo America sells Foxleigh mine

Anglo America sells Foxleigh mine

Anglo American completes sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia.

Ohio University receives grant to support coal-impacted communities

Ohio University receives grant to support coal-impacted communities

Ohio University receives US$2 million POWER grant to support regional economic development in coal-impacted communities.

New VP and GM of Komatsu America’s mining division

New VP and GM of Komatsu America’s mining division

Dan Funcannon has been promoted to Vice President and General Manager for Kotmasu America’s mining division.

 

Manitou launches factory in Brazil

Manitou launches factory in Brazil

Manitou Group inaugurates its new Brazilian subsidiary in Vinhedo, Sao Paulo state.

South32 thermal coal production declines in FY16

South32 thermal coal production declines in FY16

South32’s South Africa thermal coal saleable production saw an 8% decrease for year ended 30 June 2016.

Port of Amsterdam transhipment decreases by 5.4% in 1H16

Port of Amsterdam transhipment decreases by 5.4% in 1H16

Port of Amsterdam reports a 5.4% fall in transhipment in 1H16, primarily attributed to lower transhipment of coal.

Kibo and SEPCO III sign agreement on Mbeya coal to power project

Kibo and SEPCO III sign agreement on Mbeya coal to power project

Kibo Mining signs new agreement with SEPCO III on the Mbeya coal to power project, securing cash payment and avoiding equity dilution.

 

 
 

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