South Africa is proving to be an interesting and diverse market for coal. Currently the industry is facing a future of continued high coal prices and limited high-quality coal, opening up unprecedented opportunities for major producers and junior miners to expand, develop, and profit.
To get there, President Cyril Ramaphosa’s administration has promised an improved playing field for the industry with a new mining charter and natural resources law. But how will it play out in this critical election year? What are the opportunities that lie ahead for the industry, and what are the main obstacles in the way?
On the flip side, South African coal markets are facing a more generalised quality issue with mines producing less high-grade material suitable for export, and there are few new mines in the pipeline to replace them. The lack of benchmark quality coal have pushed Richards Bay prices to 6-1/2 year highs, forcing South Africa’s top buyers India and Pakistan, among others, to look for cheaper alternatives.
At the same time, Eskom’s financial difficulties are rocking South Africa’s domestic coal market, forcing producers to diversify away from the big power utility to survive.
How will this all play out in one of the most varied and feature rich market situations in South Africa for a number of years? Join us in Cape Town for the Southern African Coal Conference. Debate, learn and network.
For the 14th consecutive year, the Southern African Coal Conference, an IHS Markit event, will be held in Cape Town, South Africa. Acknowledged as the foremost professional and business development event for the African and Asia Pacific coal export markets, this year’s event features a full program of informed discussion and debate centering around the industry’s most impactful topics, coupled with several opportunities for interaction and relationship building with your current and future customers.
Interested consultants, service/equipment suppliers and producers have an opportunity to make their brand and message stand out from the crowd by increasing their visibility and profile with a sponsorship of one of a carefully selected group of business development vehicles at the Conference.
Your Sponsorship Provides:
For more information or to reserve your networking event or branded item, please contact David Coates at +1 713 305 0116 or firstname.lastname@example.org
Canyon Coal is a coal mining and exploration company with operations in Mpumalanga and Gauteng provinces of South Africa. The company was established in 2006 and has grown significantly in recent years through numerous acquisitions and the creation of equitable partnerships that have acquired strategic resources to supplement the current operations and to develop new opportunities. These partners include Menar Holdings, Kalyana Resources and Mercuria.
As the fastest growing coal mining group in SA, there are 5 operational coal mines under the group as well as the recent acquisition of Kangra Coal. In addition to the operational mines, Canyon Coal has an active exploration portfolio to unlock potential coal resources.
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