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What will happen to the oil price?

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The world's oil market has become more volatile as Opec's long-standing grip over supply control weakens.

Brown’s brave new CoAL within grasp

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David Brown has done a remarkable job stabilising CoAL, but his latest plan to catapult the company into a new league could be threatened by IchorCoal.

Resgen to weigh benefits of IPP coal supply

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Rob Lowe, interim CEO of Resource Generation, said the supply of coal to a 245MW independent power producer figured highly in the firm's priorities.

Guptas snap up Optimum Coal for R2.15bn

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The Gupta family have bought Optimum Coal Mine out of business rescue through associate business Tegeta with Glencore advancing R400m to secure the deal.

Lurco-Burgh buy Exxaro’s Inyanda colliery

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Lurco-Burgh, a joint venture between unlisted businesses, intends to beneficiate 25 million tonnes of coal in five years through the Inyanda Beneficiation Complex.

CoAL signs MoU to sell $114m stake in Makhado

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Coal of Africa has signed a memorandum of understanding to sell a 34% stake in its Makhado project for $114m to China's Qingdao Hengshun Zhongsheng Group.

Exxaro mine in peril after Eskom coal talks fail

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Eskom will seek a new coal supply agreement for its Arnot power station after failing to reach terms with Exxaro - a development that could imperil Arnot mine.

Exxaro claims Eskom ordered Arnot closure

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Exxaro Resources said it had been instructed by Eskom to shut the 1.4 million tonne/year Arnot coal mine and that the utility was the owner of the operation.

Eskom’s Molefe heartened by yield turnaround

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Eskom bond yields relative to Transnet have narrowed significantly this year which is evidence the power utility is stabilising its financial position.

CoAL launches R1.29bn bid for Universal

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Coal of Africa has bid cash and shares for the 4.5 million tonne/year coal producer, Universal Coal, trumping an earlier offer by IchorCoal.