NUM, CoM fail to nail coal wage deal
Efforts to end a one week strike in South Africa’s coal sector were likely to extend into the week after negotiators strove fruitlessly to find a resolution last night.
Resgen seeks to blunt hostile shareholder vote
Resource Generation wants the Takeovers Panel to stop South Africa's PIC as well as Altius Investments and Noble Group from voting to replace its board.
Wescoal holds div, issues shares amid cash strain
Wescoal Holdings said it would not pay a final dividend and would raise up to R81m through a rights issue whilst is sought a long-term supply deal with Eskom.
NUM to call coal sector strike from Sunday
The National Union of Mineworkers would continue negotiating with coal producers but if matters were unchanged a strike would be called on October 4.
Resgen battle takes sinister turn
Resource Generation said shareholders had breached confidentiality agreements by using information aiming to overhaul the board.
Resgen $539m deal delivers riposte to critics
Resource Generation has delivered a riposte to shareholders who would oust its board lining up $539m in private Swiss money for the Boikarabelo coal project.
IchorCoal will weigh bidding war for Universal
IchorCoal said its offer for Universal Coal was firm and justified but it may weigh its options in the event a rival offer for the Australians emerges as claimed.
SA’s Altius launches Resgen board ouster
Pressure is heaped on Resource Generation CEO, Paul Jury, who agrees to a general meeting at which the chief topic will be his, and his board's, resignation.
SA nuclear plan outdated and unnecessary
South Africa's plans for 10 Gigawatts of base-load nuclear power was based on a plan drawn up in 2010 when the economy was forecast to grow at higher levels.
Eskom coal contract shift no easy matter
Plans by Eskom away from tied mines to more commercial means of buying coal cannot be done with the flick of a switch, according to Exxaro Resources.