Canada’s Lassonde “mystified” Teck accepted Glencore bid
CANADIAN businessman Pierre Lassonde said he was "mystified" by Teck Resources' decision to sell its coal unit to a Glencore-led consortium for $9bn because his...
Glencore clinches $6.93bn deal for Teck’s coking coal business
GLENCORE is to buy Canadian group Teck's coal business for $6.93bn which it then intends to demerge and separately with its existing thermal coal...
MC Mining facing more turmoil as shareholders launch takeover
MC MINING, the coal development firm, faces more corporate turmoil after it emerged today it was the subject of a takeover proposal.
The offer is...
Anglo American to be served with class action over former coal...
HUMAN rights lawyer Richard Spoor has launched a second class action seeking compensation for coal miners suffering from lung disease, this time employees at...
SA coal asked to pay R1.4bn to help settle Chinese loco...
SOUTH Africa's largest coal producers could pay the lionshare of an estimated R1.4bn in order to help Government settle matters with China Railway Rolling...
Export coal executive latest to resign from Transnet – report
ALI Motala, head of Transnet's embattled export coal business, is the latest executive to quit the state-owned rail and port logistics company, News24 reported...
BHP to sell Queensland coking coal mines to Whitehaven for $4.1bn
BHP is to sell its Blackwater and Daunia coking coal mines, which are held in the BHP Mitsubishi Alliance (BMA) metallurgical coal joint venture...
SA starts talks with World Bank over $1bn loan for Eskom,...
SOUTH Africa has opened discussions with the World Bank over a $1bn loan to help upgrade power and logistics infrastructure, said BusinessLive.
The "discussions about...
Nuclear to play a role in SA’s future energy mix –...
NUCLEAR fuel would have a role in South Africa's future energy mix, said News24 citing comments by the country's president Cyril Ramaphosa.
"Our energy is...
Exxaro not cutting jobs but coal sector at risk unless TFR...
EXXARO Resources did not expect to cut coal production despite another poor year of export deliveries by Transnet Freight Rail (TFR).
Nombasa Tsengwa, CEO of...