Exxaro unlikely to exercise pre-emptive right over RBCT stake
EXXARO Resources was unlikely to exercise its pre-emptive rights in Richards Bay Coal Terminal (RBCT) as it had sufficient access to the export facility.
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Exxaro rediscovers winning feeling as full-year earnings soar
HIGHER coal prices brought the beat back into Exxaro Resources' earnings in the 2016 financial year in which it will report attributable share earnings...
Resgen targets April for Eskom deal, to raise R550m with TFR
RESOURCE Generation (Resgen) has put a new deadline of mid-2017 for the $400m required to complete funding of Boikarabelo, a six million tonne a...
Eskom discombobulates ‘release’ of R20m Denton report
THE controversy over the Dentons report on the state of Eskom has, if anything, intensified after today’s media conference at the utility’s Megawatt Park...
Goviex looks to uranium buyers to help fund $359m Madaouela
TORONTO-listed uranium development firm, Goviex, would turn to buyers of the mineral first to fund the equity portion of Madaouela, a project in Niger...
South32 says Eskom committed to Khutala coal expansion
SOUTH African power utility, Eskom, remained committed to the brownfields development of Khutala, the South32 colliery that supplies Kendal power station, said Mike Fraser,...
Wescoal opens bidding for Keaton with R525m cash and share offer
WESCOAL Holdings is to bid shares and cash worth R525.6m for Keaton Energy in its effort to establish itself as an eight million tonne...
NUM to call national coal strike after bust-up with Chamber
THE National Union of Mineworkers (NUM) is to embark on a national strike in the coal sector following the disintegration of discussions in which...
SA coal exports slide amid evaporation of BEE supply
TRANSNET Freight Rail (TFR) has pegged maximum coal railage capacity on the Richards Bay line at 81 million tonnes (mt) annually for at least...
Koko warns Anglo, Exxaro no restructuring without Eskom input
ESKOM interim CEO, Matshela Koko, took a hard line stance with coal suppliers Exxaro Resources and Anglo American saying at the utility's quarter update...