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South African Coal Mining Holdings To Halt Coal Mine Production


Mr Xavier Prevost analyst of Wood Mackenzie said that the decision by South African Coal Mining Holdings to halt production could be the start of a pattern of junior mining companies cutting coal output because of a lack of finance.

South Africa Coal Mining Holding To Halt Coal Mine Production, Loss Of Mining Contract


The decision by South African Coal Mining Holdings to halt production could be the start of a pattern of junior mining companies cutting coal output because of a lack of finance, Xavier Prevost, a Wood Mackenzie analyst, said last week.

SA – coal to become country’s biggest export earner


Coal could become a bigger South African export than gold when the expansion of country’s key export coal terminal at the Port of Richards Bay is completed in 2009.
The country’s “black gold” will earn South Africa approximately R27 billion in revenue based on 2005 prices if full export capacity is realised by 2009 – a [...]