ContiCoal flags new R876m bid for SA mines
Continental Coal said it had received a bid of R786m from a new buyer but added that its planned A$35m rights offer had been heavily reduced to A$4m.
Beacon Hill to run out of cash in days
Rowan Karstel, CEO of Beacon Hill Resources, said the company only had enough cash to last it to mid-January after shareholders voted down a funding plan.
Richards Bay goes for 72 million tonnes
The Richards Bay Coal Terminal is pulling out all the stops during December to achieve total exports of 72 million tonnes for 2014
More uphill for Coal of Africa
Coal of Africa's woes continue with a delay to the sale of Mooiplaats; a restructuring of the capital raise and legal action against the Makhado mine
8 questions for Eskom’s Tshediso Matona
Tshediso Matona, CEO of Eskom, tackles questions on BEE demands, commerce versus politics and why it's not the right time to ask about good days at the office.
Eskom coal producer BEE demands workable
Eskom's BEE demands of new coal supply contracts is causing some teeth-grinding, but coal producers say there's flexibility in deal structuring.
Sterner test awaits Anglo, Eskom coal MoU
The memorandum of understanding for coal supply from Anglo American's New Largo mine to Eskom is progress, but a fully-fledged agreement is still far away.
Absa seeks business rescue for ContiCoal
South African bank Absa has applied to put Continental Coal in business rescue proceedings despite the Australian firm hoping to sell its operating asset.
Wescoal’s Ramaite in BEE restructure
Shares in Wescoal Holdings worth R28m have been unbundled to its chairman as the firm plans Eskom compliant black economic empowerment.
WCC planning $140m export coal mine
Waterberg Coal Company said it was preparing to unveil details of a $140m coal export mine from its property in the Limpopo province.