CEF to foot bill for AEMFC’s bail out of Optimum Coal...
THE South African government’s Central Energy Fund (CEF), which is housed in the Department of Energy (DoE), would fund the African Exploration & Mining Finance...
Eskom leadership crisis may damage security of coal supply
THE management crisis at Eskom, whilst deeply troubling if not entertaining, raises the question as to who's around to make the executive decisions, especially...
Paladin makes C$1.1bn all-share bid for Fission Uranium Corp.
PALADIN Energy today announced an all-share takeover of Toronto-listed Fission Uranium Corp. which values the Canadian firm at C$1.1bn.
A special committee appointed by Fission...
ETF hints some still bet on nuclear industry
An increase in the shares outstanding of a uranium ETF suggests some still see a bright future for a nuclear industry.
Eskom suspends senior coal procurement manager for corruption with suppliers
ESKOM, the South African power utility, said it had suspended a senior manager in its coal procurement division after an investigation revealed corruption in...
SA banks “drop their pencils” on Eskom coal deals
SOUTH African banking sources have said Eskom's decision not to invest in new coal expansions has made it more difficult to fund energy security.
"We...
SA to have nuclear power by 2023
South Africa would add fresh nuclear power capacity to the country's national grid by 2023 in time to replace the retirement of coal-fired power owned by Eskom.
Sekoko rethinks its Waterberg strategy
Sekoko Resources says it is negotiating a significantly improved offtake agreement with Eskom for its Waterberg coal project, after stepping back from a deal concluded in 2011.
Botswana coal industry is eating SA’s lunch owing to lack of...
DEVELOPING coal juniors in Botswana look likely to take domestic business from South African coal companies in the short term and could also start...
Optimum directors bag R221m in share sale
Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.