Rio, Mitsubishi bid to mop up Coal & Allied
Rio Tinto and Mitsubishi Corp have made an offer to buy out Coal & Allied for $1.56bn, looking to take full control of the Australian coal miner.
“Perfect storm’ afflicts CoAL’s share price
Strike action, depressed thermal coal prices and corporate uncertainty were the
factors creating a perfect storm in Coal of Africa’s share price, an analyst said.
Limpopo lifts the veil on Coal India talks
The Limpopo government has acknowledged its proposed partnership with Coal India, saying the JV will shop for greenfield assets and early stage projects.
Firestone to lift veil on restructuring
Firestone Energy has requested a suspension in the trading of its ASX and JSE-listed
shares, expecting to announce a major restructuring by Wednesday.
Keaton on the acquisition path
Keaton Energy says it is on the lookout for new assets, seeking acquisitions to
complement the company’s recent takeover of Leeuw Mining and Exploration.
Another Waterberg player seeks listing
A new early stage player in the Waterberg coalfields is pursuing a JSE listing, giving investors another option among a growing number of coal juniors looking to make their mark in the area.
What Eskom can do to give momentum to its reinvention
THERE is a bit of impatience about regarding the pace at which South African president, Cyril Ramaphosa, is working to restore the country's economic...
Bushveld says can deliver battery energy to Eskom “in months”
BUSHVELD Energy’s progress in getting its vanadium redox flow battery (VRFB) up and ready for testing at Eskom’s Rosherville site shows that utility-scale batteries...
Eskom’s Mabuza warns of “more skeletons” as irregular spending rises to...
ESKOM chairman, Jabu Mabuza, warned the utility may yet uncover significant additional instances of irregular spending as the newly appointed board gets to grips...
MC Mining to remove contractor and do own mining at Uitkomst
MC Mining - MCM - (formerly Coal of Africa) is to take over the mining operations at its Uitkomst Colliery in northern Kwa-Zulu Natal...