Energy

Former banker tackles thorny issue of coal pricing with launch of...

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IN the next few days, African Source Markets will "soft launch" its online commodities trading platform, in line with its commitment to do so...

Resgen signs R4bn Boikarabelo contracts as funds hang in balance

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RESOURCE Generation (Resgen) kicked on with the development of Boikarabelo, a large thermal coal deposit in the Limpopo province, by signing $310m (R4.1bn) in...

Rio Tinto accepts Chinese offer for Kalahari

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Rio Tinto has accepted China Guangdong Nuclear Power Corp's bid for its 11.1% stake in Kalahari Minerals.

Glencore will “keep its word” on coal depletion plan even as...

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GLENCORE will continue to deplete its coal reserves despite a shift in the globe's attitude towards the fuel, said the group's CEO, Gary Nagle. "We...

South Africa’s Minerals and Energy Department could get control of Eskom

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SOUTH Africa's state-owned power utility, Eskom, could fall under the authority of the Department of Mineral Resources & Energy (DMRE) as part of a...

South32’s Kerr insists coal exit driven by export pricing concerns

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SOUTH32 CEO, Graham Kerr, stood by the group's decision to exit its thermal coal assets in South Africa saying it was a decision informed...

Eskom’s new boss Andre de Ruyter takes stage to soundtrack of...

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ESKOM CEO Andre de Ruyter goes into his first 'state of the system' briefing tomorrow (January 31) hardly needing to utter a word about...

South32 ditches $700m expansion of Australian metallurgical coal mine

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SOUTH32 has ditched a $700m project aimed at expanding its Dendrobium metallurgical coal asset in Australia, saying it would focus on metals "critical to...

Resgen resurgent Boikarabelo attracts capital

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It's been a long haul but it looks like Resource Generation is well positioned to attract more capital to its Boikarabelo thermal coal mine in the Limpopo province.

Thungela to exceed dividend expectations after strong coal prices in second...

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THUNGELA Resources was set to cap a successful debut on the Johannesburg Stock Exchange this year with a better-than-anticipated final dividend. This follows strong...