SA’s Competition Commission approves Seriti purchase of South32 coal assets
THE acquisition of South32's South African Energy Coal (SAEC) to Seriti Resources has been recommended by South Africa's Competition Commission, said BusinessLive.
"In spite of...
Wescoal consortium to extend stake in company to 85% in offer...
THE controlling shareholder in Wescoal Holdings, the eight million tons a year thermal coal miner, is to extend its stake to about 85% of the...
Eskom suspends senior coal procurement manager for corruption with suppliers
ESKOM, the South African power utility, said it had suspended a senior manager in its coal procurement division after an investigation revealed corruption in...
Freight lines, coal logistics under threat as attacks tear through SA’s...
VIOLENT attacks on retail centres, industrial assets, and infrastructure in KwaZulu-Natal province in South Africa could cripple the country's freight logistics, said BusinessLive citing...
Eskom boss says cost of SA electricity will come from taxes...
THE current reality that South Africa's energy users face is that they either have to support Eskom through paying higher tariffs for electricity, or...
Anglo enters last stage of $226m Aquila metallurgical coal project commissioning
ANGLO American's $226m metallurgical coal project Aquila situated in Australia's Queensland state was in the final stages of commissioning, the group said today. It...
Transnet failure to get beyond 60Mt in coal exports will cost...
INTERESTING arithmatic by RMB Morgan Stanley has highlighted the opportunity cost to the South African fiscus as a result of Transnet's difficulties operating its coal...
SA to kickstart second state-owned energy company with plan to convert...
THE South African government plans to convert three coal-fired power plants into gas-burning generators, a development that Bloomberg News said today was the first...
Thungela flips up BEE partner in R1.1bn deal ahead of Elders,...
THUNGELA Resources is to buy out its empowerment partner in a deal worth about R1.1bn at the firm's current market price.
The transaction comes as...
SA coal exports to Europe set to remain elevated, says Thungela’s...
SOUTH African coal sales to Europe would remain elevated even if the war in Ukraine ends, said BusinessLive citing the comments of Thungela Resources...