South Africa coal news

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.

MC Mining has announced that the final instalment of ZAR 35 million has been paid by Baobab Mining & Exploration (Pty) Ltd.

TerraCom Ltd has provided the combined financial result for the operations for January 2022.

Buffalo Coal Corp. has announced that the Republic of South Africa’s Department of Water and Sanitation granted an official Water Use License to Zinoju Coal Proprietary Ltd for the Balgray project.

MC Mining has released an activities report for the quarter ended 31 December 2021.

Minergy has provided an update to the market ahead of releasing its interim results for the period ended 31 December 2021 in mid-March.

TerraCom Ltd has provided the combined financial result for the operations for December 2021.

MC Mining continues to work with Baobab and its advisers to complete the funding requirement for development of the Makhado Project.