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Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY


South Africa has an expanding coal-export terminal, but an uncertain rail capacity.

The mismatch is something South Africa cannot afford, given its current-account deficit and the need to export optimally.

Last year, South Africa’s coal exports were way below port capacity, reflecting a lost export opportunity.

While coal exports are expected to rise this year, if an increase eventuates, rail will determine its extent.

South Africa burns its low-grade coal to generate electricity and exports its high-grade coal very lucratively.

South Africa’s State-owned electricity utility, Eskom, wants more coal to feed its growing power-station demand, and coal miners want the dripping-roast export prices to bolster their business plans.

The two markets go hand in hand and have resulted in South African coal com- panies being able to keep power costs down and revenue rising from coal exports. To read more click
Mining weekly



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Recent News

Monday, 27 April 09
INDONESIA S.KALIMANTAN GETS COAL TRUCKS OFF PUBLIC ROADS - REUTERS
A local government in one of Indonesia's top coal-producing areas has banned coal and palm oil firms from using public roads because of the damage ...


Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million   ...


Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...


Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...


Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...


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