“Lucky” Assore churns record profits and doubles its dividend
Assore shares rose 3.8% to reach R274,62 in trading on the JSE today after the release of record results for the year to end-June...
5 urgent ‘to-do’s’ on Eskom CEO’s worry list
What to do about a state-owned utility called Eskom is the subject on everyone's lips again. First off, appointing a CEO. Secondly, addressing these crucial issues ...
Anglo received “90% good feedback” after Thungela debut says CEO Mark...
ANGLO American CEO Mark Cutifani said the group had received "90% good feedback" following the demerger of its South African thermal coal assets.
"One or...
Chinese bank walks away from $3bn Zimbabwe coal-fired power plant
ZIMBABWE'S economic recovery ambitions were dealt another blow after China's largest bank pulled out of plans to finance a $3bn coal-fired power plant in the...
Merafe to get electricity tariff relief but Transnet chrome volumes 50%...
MERAFE Resources is optimistic of getting relief from crippling electricity tariff increases after getting "solid traction" in discussions with Eskom, the state-owned power company.
This...
RBCT exports rise in June
South Africa's coal exports from the Richards Bay Coal Terminal rose to 4.78 million tonnes in June.
Exxaro relinquishes prospecting rights to Waterberg coal, adjusts diversification strategy
EXXARO Resources adjusted its diversification strategy from coal saying it would focus on energy security instead of water and food security and relinquished prospecting...
Firestone, Sekoko in new MoU with Eskom
Firestone Energy has taken a giant step towards survival after Sekoko
Resources, its partner in the Waterberg, signed an MoU with Eskom on a 30-
year supply agreement.
Petmin to build thermal coal warchest
Petmin says it will be able to gather enough finance to a buy a two to three million tonne year operating thermal coal mine.
Blow to Billiton in Eskom price case
The high court has rejected BHP Billiton's attempts to dismiss a legal bid which may reveal its preferential electricity prices.