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Resgen thermal coal project Boikarabelo gets crucial jumpstart as second lender...

RESOURCE Generation (Resgen) was close to finalising the last major piece in the funding puzzle for Boikarabelo, a thermal coal mining project, after a...

Wescoal concludes 10-year deal to supply Eskom coal from proposed Moabsvelden...

ESKOM'S search for new coal was eased, at least to a small degree, by a coal sales agreement (CSA) with Wescoal Holdings. The Johannesburg-listed coal...

Minerals Council calls on Govt to shelve Carbon Tax as sector...

SOUTH Africa's Carbon Tax would cost the country's minerals sector R5.5bn a year in its second phase of implementation, said the Minerals Council South...

SA Govt. springs surprise appointing Nampak’s Andre de Ruyter as Eskom...

ANDRE de Ruyter, CEO of packaging company Nampak has been appointed CEO of Eskom, public enterprises minister, Pravin Gordhan announced today. De Ruyter's appointment is...

Mantashe delivers bombshell as asks investors to support independent power generation...

THE South African government will shortly begin discussions with investors about starting a power generation company outside Eskom, South African minerals and energy minister,...

Phakamisa “surprised” Optimum awarded to Aussie-backed Project Halo

THE Phakamisa Coal Consortium was "surprised" by a decision to award the purchase of Optimum Coal Mine out of business rescue to 'Project Halo'...

Wescoal rings in executive changes as Nedbank Capital’s Demana takes CEO...

MID-cap coal mining firm, Wescoal Holdings, said it had appointed Nedbank Capital resources banker, Reginald Demana, as CEO of the company, effective from April....

Minergy holds the phone whilst export coal market absorbs price knock

THE retreat in export coal prices, down from about $100/t at the end of last year to $68/t currently, couldn’t come at a worse...

Wescoal aims for share buy-back as earnings hit by labour disruptions,...

Coal producer Wescoal aims to buy back up to 20% of its shares, its chief executive said on Tuesday, as the Johannesburg-listed miner unveiled...

South32 confirms plans to sell SAEC to Seriti, extends share buy-back...

SOUTH32 confirmed market speculation it had entered into exclusive negotiations with Seriti Resources for the sale of its South African Energy Coal (SAEC) business...