Eskom “has a voice” in Anglo coal mine disposal plan
ESKOM, South Africa's power utility, would "have a voice" in the proposed sale of Anglo American's South African domestic coal mines, said Mark Cutifani,...
Eskom’s Molefe bets on power surplus in “a few years”
SOUTH African power utility, Eskom, said it would have sufficient excess capacity to make additional revenue from electricity exports within a few years and...
Resgen inks R2.1bn contract for Boikarabelo coal venture
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, edged closer to securing more than $400m in capital funding for its six million...
Eskom also responsible for above-inflation coal hikes
A PROPOSAL by the National Energy Regulator of South Africa (Nersa) to benchmark the price of coal Eskom buys from mining companies will add...
Coal supply bids for Eskom’s Arnot fail to hit the spot
ESKOM will continue with the temporary arrangement that sees seven different coal companies supply its Arnot power station after a Request for Proposals (RFP)...
Shumba Energy eyes electricity export deal with Eskom
Five years ago, Mashale Phumaphi was an investment banker, braving the London freeze. On one occasion, he was asked to run the rule over...
Molefe says Eskom wants to chase down mines
ESKOM plans to pursue the coal mines which benefited from state capital expenditure and the cost plus model, said Brian Molefe, CEO of the...
Exxaro to cut jobs amid restructure
EXXARO Resources has confirmed union reports that it is planning job cuts.
Exxaro said these form part of a group restructure to improve productivity and...
Tegeta seals R2.15bn Optimum deal
THE controversial acquisition of Optimum Coal by a unit of the Gupta family’s Oakbay Investments has gone ahead.
The R2.15bn deal was executed through Oakbay’s...
SA Govt suspends licence for CoAL Makhado venture
COAL of Africa's (CoAL's) plans to start development of its Makhado coking and thermal coal project received a setback today when the South African...