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Thungela to exceed dividend expectations after strong coal prices in second...

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THUNGELA Resources was set to cap a successful debut on the Johannesburg Stock Exchange this year with a better-than-anticipated final dividend. This follows strong...

Energy crisis in Europe, US is softening attitudes to SA’s fossil...

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THE war in Ukraine and resulting energy crisis in Europe had made Northern Hemisphere institutions "more understanding" about South Africa’s position regarding the future...

Glencore will “keep its word” on coal depletion plan even as...

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GLENCORE will continue to deplete its coal reserves despite a shift in the globe's attitude towards the fuel, said the group's CEO, Gary Nagle. "We...

Transnet declares itself “resolute” in meeting 60Mt coal target for its...

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TRANSNET Freight Rail (TFR) said it "remained resolute" in its commiment to rail 60 million tons (Mt) of coal in its current financial year...

Eskom seeking R5.9bn tax rebate in desperate bid to replenish diesel...

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SOUTH African finance minister Enoch Godongwana has declined to intervene in a tax dispute involving Eskom and the South African Revenue Service in which...

Namibia agrees $10bn green hydrogen deal with German firm

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NAMIBIA unveiled an agreement with German-backed Hyphen Hydrogen Energy for the next phase of a previously agreed $10bn green hydrogen project that will export...

Seriti to retrench Klipspruit miners in order to save group –...

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COAL miner Seriti Power is considering laying off around 600 employees at its Klipspruit colliery in South Africa's Mpumalanga province or face imperilling the...

Anglo delivers last of 10 Capesize+ vessels fuelled with LNG

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ANGLO American said it had delivered the last of 10 cargo ships powered with liquefied natural gas after the Ubuntu Liberty completed its maiden...

Universal Coal issues bullish earnings, growth forecast amid takeover bid

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SYDNEY-listed Universal Coal has delivered an upbeat assessment of its short-term prospects saying it would lift pre-tax earnings 29% to A$93m for the 2019...

Mantashe calls on ventilation to be restored at Gloria to expedite...

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SOUTH African mines minister, Gwede Mantashe, said it was vital ventilation was restored to the Gloria coal mine in Mpumalanga province so that the...