MC Mining’s new installed management says Makhado coal project to be...
MC Mining said today it had secured a R60m standby loan facility with one of its shareholders Denocept Proprietary with some of the funds...
Govt may regulate coal exports
Government is seriously considering the regulation of coal exports to protect Eskom from local producers who get higher prices for their coal in India and China.
Thungela Resources CEO, July Ndlovu sticks to his guns on the...
Do you fancy your chances as a contrarian investor? Do you also maybe get a buzz out of making money from an investment which...
Eskom mulls new Exxaro coal supply deal
UPDATED - Exxaro said it had started delivering coal to Eskom’s Medupi power
station, even though the power utility was still to agree to a new ramp-up
schedule.
Thungela sheds cash as rain, geology hits coal output
THUNGELA Resources reported higher-than-forecast operating costs at its coal mines for the year-to-date (end-May) owing to production disruptions.
Heavy rains disrupted production at Isibonelo and...
NUM to call coal sector strike from Sunday
The National Union of Mineworkers would continue negotiating with coal producers but if matters were unchanged a strike would be called on October 4.
Keaton to ride out storm in troubled coal sector
Keaton Energy CEO, Mandi Glad, said the firm would survive the downturn in the coal sector, especially following its streamlining.
BHP meets Eskom amid $20bn demerger chatter
BHP Billiton has resumed talks with Eskom over power to its aluminium smelters amid
talk the Australian firm is mulling a $20bn demerger of its SA assets.
MC Mining studying alternative plan for Makhado if snared in long-term...
MC MINING saw its losses soar to $101.6m in the year to end-June (previous comparable period: $15.6m loss), but CEO David Brown reckoned the...
Seriti to retrench Klipspruit miners in order to save group –...
COAL miner Seriti Power is considering laying off around 600 employees at its Klipspruit colliery in South Africa's Mpumalanga province or face imperilling the...