Mbuyelo Coal | Coal Mining Industry Mbuyelo Coal has a rich footprint in the Mpumalanga province of lush South Africa. It is born from the company Mbuyelo Group (Pty) Ltd which has its main business in the coal mining industry and is similarly growing its portfolio in other businesses such as the properties, farming and contracting industries.
Global mining MA deal value and volume Source: Thomson, Capital IQ and KPMG in Canada analysis *Represents transactions above US 50 million *Only includes announced transactions; excludes capital raising and share buybacks Gold 32% Diamonds 24% Coal 19% Copper 7% Other 18% Global mining MA deal value by commodity
of capital investment. (However, as coal contributes 38% to global electricity generation, it remains an important part of the basket and continues to receive substantial capital investment and transaction focus.) Mining companies are also streamlining their operating portfolio by disposing of noncore assets and optimising project
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Government figures also point to the deeprooted scourge of illegal mining. According to the Ministry of Coal, 583 cases of illegal mining were reported in the state between 2006 and 2010. However, not a single person was arrested for the trade. In the four years up to September 2009, 21,702 tonnes of illegally mined coal were seized by officials.
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As we see the mining industry increasingly invest in renewable and sustainable energy sources, we often hear phrases like 'green washing' being thrown about. Many others echo this view, claiming that miners' interests in clean technologies are merely a passing trend and are used to give the impression they care about the environment.
Mining in Ghana Projects IQ. Subscribe to Africa Mining IQ for a complete mining companies in Ghana list! Other large ongoing projects in mining in Ghana include: The Obotan Gold Project, with a capital value of ZAR billion.
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