Sunday, April 22, 2018

Eskom has expressed concern over the quality of coal from domestic suppliers, which might affect its operations and push up prices.

The strike by more than 600 workers at Exxaro Sands inKwaZulu-Natal, now in its fourth day, will spread "like wildfire", the National Union of Mineworkers says.

Despite reports to the contrary, Eskom was still proceeding with plans to build another power station, the proposed R45bn Kusile venture.

Amid demands for a 14% wage increase, Exxaro Resources has been forced to stop operations its Hillendale mineral sands facility. Contingency plans are in place, however.

South Africa shipped 2.1 million tonnes of thermal coal to India in July, almost double June's 1.2 million tonnes, exporters say.

The Competition Tribunal has withdrawn a charge with the South African Police Service against Rory Cole, Financial Accountant of First Uranium.

Production at the Vele coal mine owned by Coal of Africa, was expected to start this year after discussions regarding the mine's environmental impact had progressed well.

-- Anglo-Australian mining giant BHP Billiton launched a a hostile takeover bid on Wednesday for Canada's Potash Corp which values the world's...

The Competition Tribunal says it has laid a charge against First Uranium Corporation accountant Rory Cole following his failure to respond to a summons.

Optimum Coal says it expects its full year earnings per share and headline earnings per share to be more than 20% lower than for the previous financial year.