Tegeta can’t unilaterally end coal supply contracts, says Eskom
IT was unlikely that Tegeta Exploration and Resources (Tegeta) would be able to cancel domestic coal supply contracts with Eskom, said the South African...
Molefe to quit Eskom, vows to clear his name
BRIAN Molefe is to quit Eskom in January in "the interests of good governance" following a report into state capture by the Public Protector...
Endeavour poised to approve $307m Ity project in 2017
ENDEAVOUR Mining hoped to make an investment decision in early 2017 on the development of a $307m carbon-in-leach (CIL) mine at its Ity project...
Transnet discerns green shoots in SA coal market
TRANSNET would rail just over one million tonnes (mt) more export coal in its 2017 financial year compared to its 2016 when it railed...
Eskom seeking 9mt of coal as Tegeta asks for contract release
ESKOM may have to source nine million tonnes of thermal coal from other mining firms following a decision in September - confirmed by Tegeta...
Eskom defends Tegeta link saying it saved R10bn in coal costs
SOUTH African power utility, Eskom, defended its relationship with the Gupta family owned Tegeta Exploration & Resources (Tegeta) saying it was commercial and had...
Eskom’s Ngubane calls Thuli Madonsela “unduly believing”
ESKOM chairman, Ben Ngubane, today described former head of South Africa's Public Protector office, Thuli Madonsela, of having "an unduly believing mind" in compiling...
Firm behind R500m De Roodepoort coal project was Gupta linked
THE company that said it planned to build a R500m, 1.44 million tonnes a year (mtpa) coal mine in South Africa's Mpumalanga province -...
Tegeta coal prepayment “amounts to fraud”, says Public Protector
THE relationship between Eskom and the Gupta family's Tegeta Exploration & Resources (Tegeta) is a prominent feature of the Public Protector's report into state...
Wescoal puts pay to rocky past as half-year earnings surge
JOHANNESBURG-listed coal junior, Wescoal Holdings, served notice it was primed for growth through acquisition as it sought a medium-term run-of-mine (ROM) production target of...