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%...
Exxaro upbeat on 2017 as coal export price leaps 41% in...
EXXARO Resources delivered an upbeat message regarding its 2017 prospects on the back of a higher coal, mineral sands and iron ore prices, but...
Ambitious 81mt/year export coal target iced by Transnet
TRANSNET’S plans to boost export coal deliveries to 81 million tonnes a year (mtpa) has been quietly shelved.
CEO, Siyabonga Gama, told Miningmx on the...