Nonkululeko Nyembezi-Heita, CEO of IchorCoal, has taken a R244m bet on Australian coal producer and developer, Universal Coal which supplies coal to Eskom.
Keaton Energy says it is on the lookout for new assets, seeking acquisitions to complement the company’s recent takeover of Leeuw Mining and Exploration.
Buffalo Coal (formerly Forbes & Manhattan Coal) sank even deeper into a financial quagmire in the six months to end-June and its continued survival...
The Gulf of Mexico oil spill involving British petroleum giant BP continues to dig into the company's pockets having cost about $8bn since April.
Power utility Eskom will hold a briefing on wage negotiations with the National Union of Mineworkers and the National Union of Metalworkers of SA as the unions confirmed strike notices.
Niger will push ahead with a plan to develop civilian nuclear energy in partnership with other West African peers despite recent accidents including Fukushima, says the country's president.
COAL of Africa (CoAL) will place the cherry on the cake in November with a name change to MC Mining which it hopes will...
PRESSURE is growing on Eskom to change is coal procurement strategy in which it plays more directly in the spot market buying smaller volumes...
Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.
Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.