bhp puts coal prospecting rights up for sale in sa

  • BHP puts Australian thermal coal mine up for sale: sources ...

    BHP’s Mt Arthur open cut mine, in the Hunter Valley region of New South Wales, supplies thermal coal used as fuel for power plants, to domestic and international customers. Prices have tumbled this...

  • BHP puts Australian thermal coal mine up for sale ...

    2020-06-24  Activist investor Elliott, which holds a 4.7% stake in the mining company, has pushed for the sale of BHP's thermal coal assets, which include one third of the Cerrejon mine in Colombia.

  • BHP puts coal prospecting rights up for sale in SA

    BHP puts coal prospecting rights up for sale in SA BHP Billiton Energy Coal South Africa (BECSA) will divest some of its currently undeveloped coal prospecting rights to focus on demands within its...

  • BHP puts Australian thermal coal mine up for sale ...

    2020-06-24  LONDON/MELBOURNE — The world’s largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their exposure to fossil fuels.

  • BHP puts Australian thermal coal mine up for sale – sources

    2020-06-24  LONDON/MELBOURNE, June 24 (Reuters) – The world’s largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their exposure to fossil fuels.

  • BHP puts Australian thermal coal mine up for sale: sources ...

    2020-06-24  BHP puts Australian thermal coal mine up for sale: sources. BHP's Mt Arthur open cut mine, in the Hunter Valley region of New South Wales, supplies thermal coal used as fuel for power plants, to domestic and international customers. Prices have tumbled this year, slashing BHP's likely sale price to less than $1 billion. Reuters; June 24, 2020 ...

  • UPDATE 1-BHP puts Australian thermal coal mine up for sale ...

    LONDON/MELBOURNE, June 24 (Reuters) - The world's largest mining company BHP Group BHP.AX BHPB.L has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine

  • South32 exits thermal coal with South African assets sale ...

    2019-11-06  The miner, which spun out of BHP in 2015, has been trying to sell its South African thermal coal operations for more than a year South32, which spun out of BHP

  • BHP to divest SA coal rights - Miningmx

    [ miningmx] — Johannesburg – BHP BILLITON PLC BHP Billiton’s South African coal unit plans to divest some of its virgin coal prospecting rights to focus on existing operations where close to $1.5bn was recently invested, the company said on Tuesday.

  • South32’s shift away from thermal coal puts BHP to shame ...

    Once the sale is completed, South32 will be all done with thermal coal. Like South 32, BHP has faced a strategic choice: milk their thermal coal mines for cash for as long as possible and endure ...

  • BHP puts Australian thermal coal mine up for sale – sources

    2020-06-24  LONDON/MELBOURNE, June 24 (Reuters) – The world’s largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their exposure to fossil fuels.

  • Bhp Puts Coal Prospecting Rights Up For Sale In Sa

    Bhp Puts Coal Prospecting Rights Up For Sale In Sa. In particular arrow achieved its first revenue through the sale of the first coal seam gas csg from the surat basin and prepared for subsequent projects by securing funding of 143 m from three different sources with

  • South32’s shift away from thermal coal puts BHP to shame ...

    South32, the company spun off by BHP Billiton in 2015, has decided thermal coal is so threatened by renewables and unloved by investors it plans to offload its four South African coal mines. Once the sale is completed, South32 will be all done with thermal coal.

  • BHP Puts Nickel Unit Up for Sale as Metal Price Rockets ...

    2014-05-14  BHP Billiton Ltd., the world’s biggest mining company, is holding talks for the sale of all or part of its Australian nickel unit as prices rose to two-year highs.

  • BHP - Wikipedia

    BHP was founded in 1885 in the mining town of Broken Hill in New South Wales.By 2017, BHP was the world's largest mining company, based on market capitalisation, and was Melbourne's third-largest company by revenue. BHP Billiton was formed in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc, forming a dual-listed company.

  • UPDATE 1-BHP Billiton sees iron ore, coal prices dropping ...

    * Sees low-cost supply capping iron ore, coal prices

  • Mount Arthur Coal Mine - AU NSW [BHP Billiton/Oceania ...

    2020-06-24  Muswellbrook mayor Martin Rush has called on the NSW Government to put BHP Billiton’s right to operate the Mount Arthur coal mine on the line after slamming the company’s latest $15,000 fine for environmental pollution. “BHP Billiton has a deplorable record of environmental offending and the time must come where the state government finds that it is not a fit and proper ...

  • BHP Billiton may do an Anglo American - Miningmx

    2011-12-08  BHP’s diamond division in Canada tops the list of operations likely to be put up for sale following the firm’s announcement on November 30 it was reviewing its interests in the Ekati diamond mine and the Chidliak exploration projects in Canada. BHP is spending billions of dollars to dig more iron ore and coal in Australia, drill for shale gas in the United States and build a world-class ...

  • Regulatory uncertainty puts investors off SA mine assets

    2011-02-18  BHP Billiton Energy Coal South Africa is putting up some of its undeveloped coal assets for sale, and has invited tenders from parties interested in the assets.

  • UPDATE 1-Glencore, S. Africa partner eye Optimum Coal ...

    Commodities trading giant Glencore and South African partner Cyril Ramaphosa are interested in buying miner Optimum Coal Holdings and are preparing a formal announcement, sources close to the deal ...

  • BHP invites bids for undeveloped coal rights in South Africa

    NEW DELHI: BHP Billiton has invited initial bids for the undeveloped coal prospecting rights of its wholly owned unit in South Africa, a newspaper advertisement from the Anglo-Australian mining ...

  • BHP Billiton may do an Anglo American - Miningmx

    2011-12-08  BHP’s diamond division in Canada tops the list of operations likely to be put up for sale following the firm’s announcement on November 30 it was reviewing its interests in the Ekati diamond mine and the Chidliak exploration projects in Canada. BHP is spending billions of dollars to dig more iron ore and coal in Australia, drill for shale gas in the United States and build a world-class ...

  • BHP Is Latest Giant Miner to Plan Exit From Thermal Coal ...

    2019-07-11  BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel.

  • ‘No foreign players will bid in India’s auction of coal ...

    2020-06-29  A couple of days ago, BHP put its last Australian thermal coal mine up for sale. The company in 2019 committed to progressively reduce its exposure to thermal coal mining.

  • South Africa’s Seriti Resources Wins Bid for South32 Coal ...

    2019-08-20  Seriti Resources, a South African mining company, won a bid to acquire South32 Ltd.’s thermal-coal assets in the country, according to two people familiar with the process.

  • BHPB.L - BHP Group PLC Profile Reuters

    BHP puts Australian thermal coal mine up for sale: sources . The world's largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three ...

  • Lockdown delays commercial coal mining auction to July ...

    2020-05-11  The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines...

  • Unshackling coal sector: Easier commercial mining bid ...

    The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines...

  • Lockdown delays commercial coal mining auction to July ...

    2020-05-10  The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines could be in excess of 500 million tonnes. These could fetch anywhere between Rs 5,000 and 6,000 crore to the state government.

  • Anglo would consider Kumba's role in SA mining champion ...

    2016-07-12  Selling the South African domestic coal mines, which was part of Cutifani’s original restructuring plan cooked up in 2014, remains an uncertain process owing to the fact that Eskom, the power utility in South Africa, has been vocal on its own rights to the mines.

  • BHP Billiton may do an Anglo American - Miningmx

    2011-12-08  BHP’s diamond division in Canada tops the list of operations likely to be put up for sale following the firm’s announcement on November 30 it was reviewing its interests in the Ekati diamond mine and the Chidliak exploration projects in Canada. BHP is spending billions of dollars to dig more iron ore and coal in Australia, drill for shale gas in the United States and build a world-class ...

  • Coal Mining Sector: Road To De-Nationalisation - Energy ...

    2020-05-13  The coal mining sector in India seems to have finally taken the last step towards its de-nationalisation after more than 40 years. The Mineral Laws (Amendment) Act, 2020 (Amendment) promulgated as an ordinance in January 2020 has recently been passed by the Parliament.The Amendment seeks to allow greater private participation in the coal mining sector.

  • BHP.AX - BHP Group Ltd Profile Reuters

    BHP puts Australian thermal coal mine up for sale: sources. The world's largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three ...

  • World's largest wealth fund pulls US$1.6bn from coal ...

    2020-05-14  AGL hit for mining, burning coal. AGL joined the list for owning the Loy Yang coal mine in Victoria and the Liddell power station in NSW. German power utility RWE is also on the list of companies that have been blacklisted. BHP (ASX: BHP) has been put the “observation list”, a type of probation, which means it is at risk of divestment. BHP ...

  • Unshackling coal sector: Easier commercial mining bid ...

    The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines...

  • BHP to exit thermal coal, divesting in Australia and Colombia

    London — BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel.

  • UPDATE 1-Global miner BHP plans to expand nickel output ...

    2019-05-22  The world’s biggest miner earlier this month said it had decided to hold on to its Nickel West operations in the state of Western Australia, which it had previously put up for sale.

  • CORRECTED-South32 prepares to spin off South African coal ...

    (Corrects headline, paragraph 1 to make clear assets will be spun off not sold within six months)

  • BHP mega-projects back on the drawing board - 9Finance

    BHP, Rio, and junior iron ore miner Fortescue Metals Group (ASX: FMG) will be cheering a surge in the iron ore price overnight to more than US$140 a tonne. Whether the price will stay at these ...

  • coal mining mills on mines south africa

    Coal Minerals Council South Africa. Coal mining’s advent in South Africa can best be traced to the start of gold mining in the late 19 th century, particularly on the Witwatersrand, with the first coal in appreciable tonnages being extracted on the Highveld coal field close to the nascent Witwatersrand gold mines. However, demand began to grow, slowly at first but then . List of coal mines ...