Home News Energy Page 108

Energy

Keaton to pay dividend, warns of project delay

0
Keaton Energy generated tons of coal and cash in the half year lowering net debt and giving itself room for dividends, but its Moabsvelden project could be delayed.

Wescoal agrees 50.1% Eskom BEE tie-up

0
Wescoal Holdings was among the first of South Africa's publicly-listed coal producers to agree to sell Eskom coal from an entity controlled by black interests.

Transnet weighs strategic coal as force majeure

0
Transnet is in talks with coal exporters over viewing developmental pricing as a force majeure event that would affect its take-or-pay agreements on the coal line.

Wescoal secures R200m for Elandspruit

0
Wescoal Holdings has raised R200m in debt with Investec the bulk of which will help double the coal firm's run-of-mine production to four million tonnes a year.

SA Govt kicks on with Karoo shale gas permits

0
The South African government is to proceed with the processing of exploration permits for shale gas in the ecologically sensitive region of the Karoo.

Kibo plan builds case for East Africa energy

0
Tanzania is chronically short of power and recognises in companies such as the JSE's Kibo Mining the importance of public-private partnership.

ContiCoal gets “offers” for SA mines

0
The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.

WCC extends proposed Eskom deal to 40 years

0
Waterberg Coal Company said Eskom had lowered its demands on coal yields in order for a sales agreement to last 40 years. However, the deal is still not signed.

CoAL’s Brown eyes Hebei, IDC supply deal

0
CoAL CEO David Brown says firm could supply the proposed Hebei, IDC steel mill with high quality coking coal cheaper than anyone else from its Makhado project.

Miranda in R20m “broken promise” row

0
Former Miranda Minerals CEO, John Wallington, alleges Rudolph de Bruin broke a promise to invest R20m in the coal development business.