Keaton hails Moabsvelden as potential game-changer
MANDI Glad, CEO of JSE-listed coal junior, Keaton Energy, described the award of an integrated water use licence (IWUL) by the Department of Mineral...
Gordhan throws weight behind R58bn renewable IPP plan
FINANCE minister Pravin Gordhan threw his weight behind South Africa's renewable independent power producer (IPP) programme amid criticism, most notably by Eskom CEO, Brian...
Guptas say R4bn in ‘unusual’ Optimum deals unrelated to Oakbay
OAKBAY Investments transactions worth just over R4bn flagged as "unusual and suspicious" by South African finance minister, Pravin Gordhan, related to Optimum Coal Mine...
Oakbay denies raiding Optimum fund on day when CEO resigns
OAKBAY Investments, the holding company of Johannesburg-listed Oakbay Resources & Energy, said it had moved the account of Optimum Coal Mine's R1.5bn rehabilitation fund...
AREP’s Dames upbeat on IPP prospects despite Eskom opposition
AFRICAN Rainbow Energy & Power CEO, Brian Dames, is upbeat on the prospects for independent power producers (IPP) in South Africa despite apparent opposition...
Dubai’s Centaur Holdings plans R500m De Roodepoort coal project
CENTAUR Holdings, a Dubai-based private equity company, is to raise up to R500m to build a new coal mine in South Africa's Mpumalanga province...
Wescoal to boost annual exports to one million tons
Coal miner and trader Wescoal has finalized a series of coal supply contracts which will diversify its revenue streams and boost exports to one...
Coal revenue to give impetus to Oakbay’s debt raising hopes
OAKBAY Resources & Energy CFO, Trevor Scott, put a different light on his parent company’s financial difficulties saying the listed mining firm’s balance sheet...
Absa to take stake in Kibo’s 300MW coal to power project
SOUTH African bank Absa is to take an equity stake in an Tanzanian coal-to-power development project which is being built by Kibo Mining, a...
Eskom recovers Tegeta coal prepayment after 1.25mt delivered
ESKOM said it had recovered the cost of pre-paying Tegeta Energy & Exploration (Tegeta) for the delivery of 1.25 million tonnes of coal to...