Leading international agencies have contributed contrasting perspectives on the future of coal prices: The World Bank in its October 2017 commodity forecast report estimated that the price of coal will decrease in 2018 to 70/mt from 85/mt in 2017, with slow price growth beyond 2018.
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South African mining industry makes compelling case . The South African mining industry on Wednesday tabled a case for coal mining in the country, arguing that coal will continue to play an important role in the economy for the foreseeable future despite its declining profile and negative impact on the environment.
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"AthaAfrica Ventures requested the minister on June 22 2017 to extend the commencement of mining at the Yzermyn underground coal mine site, however the request is not yet considered or finalised," he said in an emailed statement.
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According to the South African Coal Roadmap (published in 2013 following an initiative of the Fossil Fuel Foundation, Eskom, coal producers, , and the DMR), all future coalfired power stations, including those already under construction, are anticipated to have flue gas desulphurisation to mitigate the emissions of toxic gases, even though these requirements will also necessitate the use of more water.
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Oct 31, 2018· By: Bloomberg 8th June 2018 The heat is on in the global coal market. Prices of Newcastle coal are at the highest level since 2012 after surging 24% since midApril to a .
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