Thungela delivers strong financial performance despite rail & price headwinds
March 18, 2024
Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023
Category: TGA.LN
Thungela sets higher coal output target
March 18, 2024
South Africa’s Thungela Resources said on Monday it was seeking to buy more coal assets after raising its production outlook
Thungela desperately needs Transnet to lift its game this year
February 2, 2024
Export coal sales through Richards Bay Coal Terminal, South Africa’s largest coal handling facility, were just over 50 million tons last year
Thungela sets up office in Dubai
February 2, 2024
THUNGELA to market its coal production from Dubai after establishing a sales company with the emirate’s Dubai Multi Commodity Centre Authority
Rail Disruptions Cut South African Coal Exports to 1992 Level
January 25, 2024
Shipments from South Africa’s biggest coal export facility dropped to the lowest in over three decades in 2023
Thungela “Not Yet” Cutting Jobs
December 14, 2023
Thungela Resources does not plan broad job cuts at its South African coal mines despite ongoing output curbs,
Thungela: CFO’s Pre-Close Statement for year ending December 2023
December 13, 2023
Thungela’s CFO reports that despite rail challenges, the company is on track to meet its full year 2023 guidance
Thungela Cuts Coal Production Over Rail Crisis
December 13, 2023
Thermal coal exporter Thungela Resources on Wednesday said it expects a 7.6% decline in production from its South African operations
Downgrading Thermal
December 12, 2023
I’m going to kick this off by reiterating my avoidance call on all thermal coal, that is US domestic and seaborne thermal.
Initiating Coverage of Thungela Resources
August 22, 2023
I am initiating coverage of Thungela Resources (ticker: TGA.LN) on 8/22/2023 with…
Thoughts on Thungela Resources
August 21, 2023
Herewith some thoughts on Thungela Resources (Ticker TGA.LN), the South African thermal coal exporter which just announced interim earnings.
Coal News & Price Data – August 21, 2023 – Thungela’s Profits Fall
August 21, 2023
Thungela Resources reported a 69% drop in profits during the first half of the year due to lower coal prices and logistical challenges.