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Keaton Energy in takeover talks after expressions of interest

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KEATON Energy said it had received "expressions of interest from various parties" regarding the takeover of the company - an announcement that added 7%...

Exxaro upbeat on 2017 as coal export price leaps 41% in...

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EXXARO Resources delivered an upbeat message regarding its 2017 prospects on the back of a higher coal, mineral sands and iron ore prices, but...

Ambitious 81mt/year export coal target iced by Transnet

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TRANSNET’S plans to boost export coal deliveries to 81 million tonnes a year (mtpa) has been quietly shelved. CEO, Siyabonga Gama, told Miningmx on the...

Tegeta can’t unilaterally end coal supply contracts, says Eskom

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IT was unlikely that Tegeta Exploration and Resources (Tegeta) would be able to cancel domestic coal supply contracts with Eskom, said the South African...

Molefe to quit Eskom, vows to clear his name

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BRIAN Molefe is to quit Eskom in January in "the interests of good governance" following a report into state capture by the Public Protector...

Endeavour poised to approve $307m Ity project in 2017

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ENDEAVOUR Mining hoped to make an investment decision in early 2017 on the development of a $307m carbon-in-leach (CIL) mine at its Ity project...

Transnet discerns green shoots in SA coal market

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TRANSNET would rail just over one million tonnes (mt) more export coal in its 2017 financial year compared to its 2016 when it railed...

Eskom seeking 9mt of coal as Tegeta asks for contract release

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ESKOM may have to source nine million tonnes of thermal coal from other mining firms following a decision in September - confirmed by Tegeta...

Eskom defends Tegeta link saying it saved R10bn in coal costs

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SOUTH African power utility, Eskom, defended its relationship with the Gupta family owned Tegeta Exploration & Resources (Tegeta) saying it was commercial and had...

Eskom’s Ngubane calls Thuli Madonsela “unduly believing”

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ESKOM chairman, Ben Ngubane, today described former head of South Africa's Public Protector office, Thuli Madonsela, of having "an unduly believing mind" in compiling...