Friday, November 17, 2017

Efforts to end a one week strike in South Africa’s coal sector were likely to extend into the week after negotiators strove fruitlessly to find a resolution last night.

ESKOM plans to pursue the coal mines which benefited from state capital expenditure and the cost plus model, said Brian Molefe, CEO of the...

Eskom will seek a new coal supply agreement for its Arnot power station after failing to reach terms with Exxaro - a development that could imperil Arnot mine.

Wescoal serves notice that last year's poor financial performance is a thing of the past.

First Uranium shares are stuck near their 12-month low following unexciting results for the September quarter during which the ramp up at the Ezulwini mine was delayed.

Eskom was sitting down to consider buying equity positions in foreign-owned power transmission in an effort to plug a potential power deficit in South Africa.

Eskom CEO, Brian Dames, identified a number of power stations were wet coal could cause the utility major headaches as it staved off more loadh-shedding.

Resource Generation raised $52m of which a portion was taken by South Africa's Public Investment Corporation which said it "liked coal" and that the mine would support Eskom.

BHP Billiton has declared force majeure on some coal operations in Queensland's Bowen Basin.

THE hurly-burly surrounding the fortunes of Waterberg Coal Company (WCC) are showing no signs of letting up after the company announced today its interim...