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The coal ministry is likely to award 19 coal mines auctioned for the first time ever within 7-10 days, once the due diligence is over.

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Coal is a major source of electricity in South Africa. The coal industry spent R61 billion procuring goods and services, most of it locally, thus contributing to the creation and maintaining of jobs in other industries. 70% of coal volume is consumed domestically and more than 70% of electricity demand is generated from coal power.

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Coal Mine Location: Kwazulu - Natal (Kzn), KwaZulu - Natal, South Africa Description: The coal industry employed 92,230 people in 2019 (86,647 in 2018), representing about 19% of total employment in the mining sector. 258.9 million tonnes produced in 2019

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Region's mines face global 'headwinds' over the next two .

"No new thermal coal mines means reduced oversupply and lowering pressure on coal prices which may actually help protect mine royalties in the long term." The Office of the Chief Economist said South Korea, which represents 15 per cent of Australia's thermal coal export market behind Japan (45 per cent) and China (16 per cent), was expected to continue reducing its coal imports to 2021.

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Coal Sale or JV Expressions of Interest for the sale ICRA Rolleston Pty Ltd's (Receivers and Managers Appointed) 12.5% minority interest in Rolleston coal mine JV, Queensland View report Send enquiry New ! .

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Coal is a major source of electricity in South Africa. The coal industry spent R61 billion procuring goods and services, most of it locally, thus contributing to the creation and maintaining of jobs in other industries. 70% of coal volume is consumed domestically and more than 70% of electricity demand is generated from coal power.

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Indonesia's second largest coal producer, Adaro Energy, recently announced plans to build a $3.5 billion coal-fired power plant in South Sumatra. The announcement comes on the heels of the coal giant lowering its 2012 annual production target from 50 to 53 million tonnes to 48 to 51 million tonnes, further stoking energy concerns.

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Coal Sale or JV Expressions of Interest for the sale ICRA Rolleston Pty Ltd's (Receivers and Managers Appointed) 12.5% minority interest in Rolleston coal mine JV, Queensland View report Send enquiry New ! .

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