WCC’s Miller falls on sword amid fresh takeover attempt
FAILURE to sign a takeover agreement with Sibanye Gold cost Waterberg Coal Company (WCC) CEO, Stephen Miller, dear after it was announced today that...
Molefe, Brown consign ‘coal supply cliff’ to history
THE price of coal had dropped to such an extent last year that South African coal producers preferred to sell it locally than export...
Sibanye opens talks with Resgen as IPP ambitions loom large
SIBANYE Gold has trained its sights on Resource Generation (Resgen), a Sydney- and Johannesburg-listed coal development company, as it seeks a partner to realise...
CoAL puzzled as Rio Tinto presses for Chapudi breach
DAVID Brown, CEO of Coal of Africa (CoAL), said he "didn't understand the logic" of Rio Tinto's claim that his company was in breach...
Anglo neutral on bidders for SA coal mines
Mark Cutifani, CEO of Anglo American, said his group would not pass judgement over whether a bidder for a coal assets was "favoured or not favoured".
CoAL edges to Universal deal but rancour lingers
Coal of Africa is expected to progress its bid for Universal Coal but questions about the union - posed by a rival bidder - have been met with a spirited defence.
Quiet descends on SA coal export growth plans
Plans by South Africa to expand coal export handling facilities are on the back-burner as the international market offers little to no incentive.
Anglo’s SA coal mines tough to get away
Anglo American has long stated it wants to sell its Eskom dedicated coal mines, but the transactions may be complex and not major money spinners.
DMR calls for controls over coal price increases
Mosa Mabuza, DMR deputy director-general, said the government had prioritised the control of coal costs while a coal policy would be formuated this year.
Resgen acrimony as A$2.3m director fees quizzed
Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.