South Africa coal news

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.

Zululand Anthracite Colliery has commissioned a new filter press at its coalwashing plant in Emakhalathini, KwaZulu-Natal.

The World Coal Association has formerly welcomed two new South African members to the growing alliance of responsible coal participants.

TerraCom Ltd has presented its quarterly report for the 3 months ending 31 March 2022.

MC Mining Limited has completed a bankable feasibility study for its fully licenced Makhado hard coking coal project.

Buffalo Coal Corp. has filed the 2022 technical report for the group’s Aviemore Mine’s reserve statement and Magdalena Colliery’s reserve statement.

Thungela Resources Ltd has released its first set of full-year results as a publicly listed company since its debut on the Johannesburg and the London Stock Exchanges on 7 June 2021.

MC Mining Ltd has provided its interim financial report for the six months ended 31 December 2021.

Rystad Energy is reporting that coal prices have reached their highest level in more than 200 years and are on track to reach US$500/t this year.