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Grindrod pushes ahead with Richards Bay expansion

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Freight logistics and shipping group Grindrod will complete the first expansion phase of its Richard Bay Terminal early next year to boost coal exports.

Optimum takes the gloves off

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Optimum Colliery's business rescue practitioners have taken the gloves off in the Eskom dispute and suspended coal supplies to the Hendrina power station

Exxaro expects more savings on the cost of Total SA

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Having knocked the original purchase price for Total Coal SA down by $90m Exxaro now reckons it could chop another $112m off the cost of the deal.

More delays for Resgen in the Waterberg

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Resource Generation has hit more headwinds as its potential financial backers stall on putting up the $400m needed to build the Boikarabelo mine.

Eskom needs the big mining companies

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Glencore CEO Ivan Glasenberg reckons Eskom needs the big mining companies given Brian Molefe's declaration that Eskom will not invest in coal mines.

Eskom slaps Glencore with R2bn penalty

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Eskom acting CEO, Brian Molefe, said it would see Glencore in court for payment of R2bn relating to "shoddy performance" from Optimum mine.

Govt approves cut-price TCSA, Exxaro deal

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Government approves the bid for Total Coal South Africa, but requires black owned buyer, Exxaro Resources, to attach BEE to the heavily reduced $382m deal.

Glencore, Eskom lock horns over failing Optimum

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Glencore said it would place the Optimum Coal Holdings, which controls the 5.5 million tonne/year Eskom mine, into business rescue as coal price talks fail.

RBCT unveils R1.34bn replacement plan

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Richards Bay Coal Terminal is to spend R1.34bn over three years replacing its machinery at its phase one facilities notwithstanding the slide in coal prices.

Molefe Eskom stay extended three months

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The power utiity also announces that four executives it suspended in March - three of whom have left the organisation - have been cleared of any wrong-doing.