coal Tag

Dual-listed Resource Generation (ResGen) has announced that its subsidiary Ledjadja Coal has executed binding agreements for a syndicated loan facility of R4.2 billion to advance the Boikarabelo coal mine in South Africa. ResGen’s lending syndicate is comprised of two South African government-backed entities, the Industrial Development...

Australia delivered a full-year trade surplus of AUS$49.9 billion thanks to record high exports from the resources sector, which has been boosted by higher commodity prices during the last year. Iron ore was again Australia’s biggest single contributor to exports, delivering $77 billion in revenue over...

Indian conglomerate Adani is set to start construction on the controversial Carmichael coal mine in Queensland, after Australia’s government provided final federal approval for the large-scale project. Plans for the mine – located in Queensland’s Galilee Basin – were first laid out almost a decade ago,...