Optimum preps R800m capital raiser
Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.
Jobs fillip for mineworkers as Mozambique gears for $50bn in LNG...
LABOUR recruitment company, TEBA, is to open up its 1.3 million-strong item database in order to identify potential employees for Mozambique's liquified natural gas...
Petmin pens new deal with Grindrod
Petmin has signed a five-year agreement to export up to 600,000 tonnes of anthracite per year from the Grindrod Terminals Kusasa dry bulk facility in Richards Bay.
ResGen secures haulage deal with TFR
Resource Generation has some comfort it can haul coal from its proposed Boikarabelo mine, but the conditionality of the deal means it can't yet raise capital against it.
Wescoal doubles interim earnings
Wescoal has reported an interim diluted headline earnings increase of 141%.
Exxaro warns of Medupi hit on coal output and sales volumes
Eskom’s troubles continue to plague Exxaro, with the diversified miner cautioning that lower coal demand from the Medupi power station will adversely impact its...
Investor concerns over thermal coal may have peaked as market buys...
THE 93% improvement in Thungela Resources' shares since its demerger from Anglo American and listing on the Johannesburg Stock Exchange in June indicates investors...
SA economy needs coal policy: Manuel
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.
Eskom’s De Ruyter expects improved power supply reliability for SA from...
THE reliability of electricity supply would be improved in 2021, said BusinessLive citing the comments of Eskom CEO, Andre de Rutyer.
Commenting in a system...
Thungela down 30% this year as forecasts hefty earnings slide
THUNGELA Resources, the Johannesburg-listed coal miner, on Friday forecast a steep decline in earnings for the 12 months ended December 2021.
Share earnings would be...