Friday, November 17, 2017

It’s no surprise to see Exxaro Resources’ share price down 10% from highs earlier this year, given that international coal prices have been heading downwards.

BHP Billiton is not prepared to continue paying the environmental levy for the power its Southern African aluminium smelters consume, says Eskom.

IN the briefest of statements, South African power utility, Eskom said it would meet to finalise "the way forward" after Public Enterprises minister, Lynne...

Exxaro Resources said it would pay Australia's Linc Energy some R255m for use of its coal gasification technology which it intends to roll out in sub-Saharan Africa.

Coal miner and trader Wescoal has finalized a series of coal supply contracts which will diversify its revenue streams and boost exports to one...

No heads will roll at Eskom following the R10bn overrun at Medupi, but the utility has failed to retain its CFO Paul O'Flaherty who left the organisation today.

Transnet Freight Rail delivered 67.5 million tonnes to Richards Bay Coal Terminal during its past financial year to end-March.

Mozambique has denied emerging industrial giant India five more coal concessions, saying the Asian nation should first develop sites where deals have already been struck.

Glencore said between 600 to 700 workers would be retrenched at Optimum Coal Mines although Eskom's Hendrina power station would still be supplied.

Eskom said it expected to clinch a 16mtpa coal supply deal for its R118.5bn Kusile power station with Anglo American's proposed New Largo colliery.