South Africa coal news

Contango Holdings Plc, a London listed natural resource development company, has announced its results for the six-month period ended 30 November 2022.

Canyon Coal is constructing a new coal mine in Hendrina, Mpumalanga, South Africa, with production is expected to start in 2H23.

Bettercoal has announced the establishment of its South Africa Working Group – a member-led group focusing on coal in South Africa.

Transnet Freight Rail (TFR) has lifted the force majeure imposed on the export coal line in South Africa following the derailment of a 97 fully laden coal train.

Buffalo Coal has advised that its wholly-owned subsidiary, Buffalo Coal Dundee (BCD), has concluded a tri-partite agreement with Investec Bank Ltd and Belvedere Resources.

Contango Holdings Plc has provided an update on the thermal coal developments at Lubu.

The 2022 coal global markets report has been released, and includes the 2026 and 2031 forecasts.

MC Mining Ltd has provided an update on Makhado, Vele, and GSP projects.

MC Mining Ltd has entered into a coal sales and marketing agreement with Overlooked (Proprietary) Ltd.

Mining has resumed at Zululand Anthracite Colliery after reaching a two-year wage agreement with its mine employees on 30 June 2022.