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Recent News Stories

  • Edenville Energy signs Rukwa coal supply contracts

    Thermal coal developer Edenville Energy has signed two contracts to supply washed coal from its Rukwa project in southwest Tanzania. Under the first contract, the company will supply washed coal of up to 6,000t per month to Rwandan company Tara Group, a wholly owned subsidiary of Tanzanian firm Kitanyoe which supplies coal, gypsum, limestone and calcite to industrial users. A major cement manufacturer is expected

  • RareX acquires project near Mt Weld mine

    Lynas’ Mt Weld mining pit. Image: Lynas Corporation. Australian rare earths developer RareX has acquired the Weld North project, which is 84 kilometres north of Lynas Corporation’s Mt Weld rare earths mine in Western Australia. RareX has submitted an application with the Western Australian Department of Mines Industry Regulation and Safety (DMIRS) for an exploration license for the tenement. The Weld North project features a

  • Lithium, cobalt markets to recover next year

    Demand for lithium and cobalt is set to improve next year following a disappointing 2019, according to Fitch Solutions. Low prices could attract purchases from electric vehicle (EV) battery manufacturers, while Chinese EV sales hold strong. Carmakers could move to offset the impact of Chinese EV subsidies cut with price reductions, leading to a robust demand for the vehicles over 2020. Fitch Solutions autos team

  • Boost for coal sector

    TWO coal mining companies are set to commence production next year in Hwange, in a development likely to boost guaranteed coal supplies to Hwange thermal power plant. Coal intake at the power station will significantly increase when Zimbabwe Power Company, an electricity generating subsidiary of Zesa Holdings commissions additional two units by end of 2021. The two units are expected to produce 600MW. The US$1

  • U.S. coal production employment has fallen 42% since 2011

    Source: U.S. Energy Information Administration, Annual Coal Report The U.S. Energy Information Administration’s (EIA) Annual Coal Report shows that coal mining employment has declined in the past decade as coal demand has decreased. Most U.S. coal is consumed in the electric power sector and has faced increased competition from electricity generation from natural gas and renewable technologies. U.S. coal mining employment fell from a high of 92,000 employees in

  • Zambia’s potential in the coming years is significantly understated’

    A large and landlocked country in the centre of southern Africa, Zambia benefits from being Africa’s second largest copper producer and a strong services sector but is challenged by high levels of poverty. Business leaders identify the economic environment, currency risks/inflation and government support and policies as their greatest concerns. Kelvin Chungu, managing partner at audit firm Nolands, Zambia, discusses what it’s like operating on the

  • Cong walks out from HP Assembly over illegal mining

    Congress leader Mukesh Agnihotri and other party leaders protest in support of former union minister P Chidambaram. (PTI Photo) The opposition Congress staged a walkout from the Himachal Pradesh Assembly on the fourth day of the ongoing Winter Session over “inaction” against alleged illegal sand mining in the state. Congress legislators led by Leader of Opposition Mukesh Agnihotri staged a walkout from the state Assembly

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