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...
Keaton left tapping fingers on Vaalkrantz ministerial consent
KEATON Energy CEO, Mandi Glad, expressed her disappointment with the time it was taking to win ministerial consent for the sale of the firm's...
Wescoal “active” in consolidation of SA domestic coal market
WESCOAL, a R888m mid-tier coal producer, said it was positioned to grow through industry consolidation in an attempt to reach an aspirational run of...
Stirrings in uranium market offer faint hope to Paladin
AMID emergency financial surgery at Paladin Energy, the Australian-listed firm's CEO, Alexander Molyneux, sought to look at the positives saying there were signs the...
Petmin may go private following R894m private equity bid
PETMIN looks set to delist from the Johannesburg Stock Exchange following a takeover offer from a private equity firm which values the mid-tier coal...
Coal price may force Eskom to review coal buying strategy
PRESSURE is growing on Eskom to change is coal procurement strategy in which it plays more directly in the spot market buying smaller volumes...
Exxaro unconvinced Eskom’s 51% BEE target is “policy”
EXXARO Resources was unconvinced Eskom's demand for 51% black ownership in order to comply with its black economic empowerment (BEE) rules was policy.
"Up until...
Keaton considering exports after banks express Eskom concern
KEATON Energy is considering exporting coal from Moabsvelden because it might not attract finance for the R300m project if it dealt with Eskom.
Keaton already...
Keaton Energy in takeover talks after expressions of interest
KEATON Energy said it had received "expressions of interest from various parties" regarding the takeover of the company - an announcement that added 7%...