Local media reported that an accident at a small-scale coal mine project in a northern Mexico border state left seven miners trapped on Friday.

The provision of R6.45 billion on the balance sheet of the demerged Thungela thermal coal company is over

Allegiance Coal Ltd has announced the commencement of production at the New Elk Mine and its production and sales plans for 2H22.

"It has also edged higher than 2019 levels, except for some summer months."

Thanks to the economic recovery and production capacity resurgence, the country's listed coal companies saw their profits soar during the first three months, and an analyst believes the momentum is set to continue.

South32, which is in the process of exiting its SA coal assets, said last week that its domestic coal volumes declined in its half year to end-December.

BHP last week revealed that it will slash the value of its coal assets by AUD 1.25 billion as it looks to reposition its portfolio towards greener commodities like copper and nickel.

The carbon-neutral movement will be another revolution in the history of human development.