ESG policy adjustment may leave Resgen short of project funds
RESOURCE Generation's (Resgen's) hopes of closing funding for its Boikarabelo project in South Africa's Limpopo province were dealt another blow after one of the...
Resgen signs R4bn Boikarabelo contracts as funds hang in balance
RESOURCE Generation (Resgen) kicked on with the development of Boikarabelo, a large thermal coal deposit in the Limpopo province, by signing $310m (R4.1bn) in...
Exxaro rings in good news with dividend lift, R1.8bn Matla deal
EXXARO Resources was "days away" from finalising an agreement with Eskom which would see the South African power utility fund R1.8bn for the renewal...
Exxaro resets shareholder rewards easing capital allocation fears
CONCERNS about the strategic direction of Exxaro Resources aired at its annual financial figures presentation in February were driven by fears it would allocate...
Glencore unperturbed by hostility to coal as price rises 21% in...
THE condemnation of companies with significant exposure to fossil fuels is steadily growing with banks, institutional investors, and even the companies engaged in coal...
MC Mining’s Makhado project at centre of Limpopo land bust-up
The farms belonging to Akkerland Boerdery - the Limpopo game farm at the centre of the confrontation over “land expropriation without compensation” - are...
South32 gets ready to sell out of its SA coal operations
HAVING established its South African thermal coal mines as a separately operating organisation, South32 is now starting a process to bring in BEE shareholders...
Canyon Coal, Menar to spend R3bn expanding SA coal output
IT'S a great pity Vuslat Bayoglu’s Canyon Coal, or its shareholder Menar Holdings, a Luxemburg company in which the Bayoglu family wealth is invested,...
Brenda Berlin springs surprise by stepping down as acting CEO of...
BRENDA Berlin has resigned as acting CEO of MC Mining, the London- and Johannesburg-listed coal development firm.
Berlin gave no reason for her departure, which...
South Africa’s Minerals and Energy Department could get control of Eskom
SOUTH Africa's state-owned power utility, Eskom, could fall under the authority of the Department of Mineral Resources & Energy (DMRE) as part of a...