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A Wave of Bankruptcies About To Hit Coal Industry ,

Apr 11, 2015 0183 32 The coal industry is beset on all sides by threats to its long term survival as emissions regulations tighten and worldwide demand wanes, the sector is bracing for a wave of bankruptcies...

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South32 closes door on its SA coal business

Aug 23, 2019 0183 32 JOHANNESBURG - South32 has closed the door on its South African loss-making local coal business that impaired 504million R768billion in ,...

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Mauritius Arcem Resources acquires Moatize mines in ,

Mar 18, 2020 0183 32 The Moatize mine was sold by Vitol, who took ownership in 2014, when the previous owner, British company Beacon Hill Resources, failed to pay a debt of US 10 million Arcem Resources is owned by South African businessman Paul Main, who has already chosen Gary Tullis to lead Minas de Moatize Arcem Resources already holds 98 of Arcadia Mining ....

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CoTec Holdings Corp Home

Sep 08, 2021 0183 32 CoTec Holdings Corp CoTec is a new business which intends to be a leader in greening and improving the efficiency of the commodity extraction business to face the challenges of this century CoTec will develop a portfolio of green disruptive technologies for commodity processing which in time it will apply to mineral rich assets...

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Despite investor pressure SA banks say they can t cut off ,

Oct 15, 2021 0183 32 The state-run power company Eskom relies mainly on ailing coal-fired power stations to supply 90 of South Africa s electricity More than 90,000 people were employed in coal mines in 2020 The profits we make on fossil fuels are miniscule, FirstRand Chief Executive Alan Pullinger told Reuters...

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Coal Company Armstrong Energy Files for Chapter 11 ,

Nov 01, 2017 0183 32 Coal-mining company Armstrong Energy Inc filed for bankruptcy on Wednesday with a plan to turn over ownership of its struggling operations to ,...

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Mining Businesses For Sale Worldwide, 64 Available To Buy Now

Barberton, Mpumalanga, South Africa Description 5 Hectare Gold and Silver Mining Permit in place Permit will change to Mining Right in 2022 for an open cast mining area in Barberton Mpumalanga South Africa Mining Area in Barberton Noord Kaap, More details » Financials...

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Gupta mining operations in South Africa to be sold off ,

Aug 05, 2019 0183 32 The coal and uranium mining operations of the controversial Indian-origin Gupta family in South Africa are to be sold off after its owners left the country amid increasing allegations of their irregul...

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Sibanye in talks to buy two Brazilian nickel ,

Oct 25, 2021 0183 32 The South African company may soon add to its portfolio the Santa Rita nickel-copper mine and the Serrote copper-gold project Sibanye in talks to buy two Brazilian nickel-copper miners - ,...

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There is a global fire sale of copper and coal mines

Jan 27, 2016 0183 32 America s largest mining company , already started selling copper and coal mines located in Australia, Chile and South Africa , to crisis levels and ,...

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South African Coal Mining Holdings Limited

Company Profile South African Coal Mining Holdings Limited SACMH is a junior coal producer with operations in the Ermelo / Breyten district of the Mpumalanga Province of South Africa Having developed a reputation as specialist in thin seam open cast and underground coal mining, SACMH produces and processes coal products for international ....

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Bankruptcy Judge Lets Blackjewel Shed Coal Mine Cleanup ,

Mar 22, 2021 0183 32 Bankruptcy Judge Lets Blackjewel Shed Coal Mine Cleanup Duti Another bankrupt coal company gets to walk away without cleaning up its mining mess The coal giant can walk away from 30 permits and must try to sell about 170 others Community activists fear environmental hazards from the abandoned min The Blackjewel coal mining company ....

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New Zealand Mine Firm Ignored 21 Gas Warnings

Nov 05, 2012 0183 32 A coal mining company ignored 21 warnings that methane gas had accumulated to explosive levels before a blast that killed 29 workers in New Zealand in 2010, an investigation has found...

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Stuart Coal Learnerships South Africa 2022

Oct 28, 2021 0183 32 Stuart Coal Learnerships South Africa 2022-2023 How to Apply We zainfocoza team are pleased to inform you about Stuart Coal Learnerships South Africa 2022-2023 ABOUT THE COMPANY PROVIDING THE LEARNERSHIP Stuart Coal is a mining company located in a surrounding suburb of Delmas, Mpumalanga, and is a family-run mining company Stuart Coal aims ,...

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Commercial Credit Report for Buffalo Coal Corp

Phone 27 116563210 p 27 116563210 CENTURION, 2082 South Africa Ticker FMC FMC This company was Merged or Acquired on 4/2/2015 This is a Subsidiary, click here for the Parent Company Business Summary Buffalo Coal Corp is a South Africa-based coal mining and supply company...

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Stanmore Resources Limited acquires an 80 interest in BHP ,

South Walker Creek and Poitrel together have metallurgical coal production of about 10Mt per annum and total marketable reserves of over 135Mt The acquisition is transformational for Stanmore, making it one of the largest mining companies in Queensland and ,...

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Striking US coal miners say windfall for private equity ,

Coal companies have historically been aggressive dividend payers Warrior paid an additional 580m in special dividends in 2018 and 2019 We view it as a pretty high-risk industry...

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South Africa lets Glencore resume operations ,

Aug 07, 2015 0183 32 The company, one of the biggest exporters of South African coal, announced in July it would cut 380 jobs at Optimum and shut part of the mine as coal prices slumped 32 since the start of 2014...

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South Africa lets Glencore resume operations ,

Aug 07, 2015 0183 32 The company, one of the biggest exporters of South African coal, announced in July it would cut 380 jobs at Optimum and shut part of the mine ,...

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South African mines grind to halt as floods deepen power ,

Dec 10, 2019 0183 32 The mining industry contributed 351 billion rand 24 billion to the South African economy in 2018, the Minerals Council says, equating to about 7 of gross domestic product GDP...

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