IchorCoal in R128m swoop for ContiCoal
Relief for Absa and EDF Trading as Germany's IchorCoal swoops on the Penumbra and Vlakvarkfontein coal mines of Continental Coal.
Pan African to buy R200m Shanduka coal mine
The gold and platinum producer would spend R200m for a 400,000 tonnes/year export coal mine but did not anticipate diverging from its precious metals focus.
SA shale gas reserves face downgrade
South Africa is due to gazette regulations related to shale gas exploration, but its Parliament today heard of possible downgrades to reserves.
Investor presentations light Wescoal’s fire
The Wescoal share price has jumped following investor presentations which targeted analysts and fund managers but not financial media.
What coal crisis asks Eskom’s Brian Molefe
Briefing media in parliament today Eskom acting CEO Brian Molefe said Eskom would not deviate from its controversial BEE coal procurement policy.
Keaton may hold div as project capital looms
Keaton Energy may defer payment of a maiden dividend in a move informed by market conditions and the fact it is embarking on significant capital projects.
Does Molefe have the measure of Eskom?
Transnet's Brian Molefe has faced turnaround tasks before but will his considerable leadership skills be enough for a swerving car wreck like Eskom?
Eskom in cheery ‘maintenance festival’ pledge
In his first address as acting Eskom CEO, Brian Molefe offered the dubious news of a "maintenance festival" this week in preparation for winter demand pressure.
Kibo leaps 33% … now comes the difficult bit
Kibo Mining signed a development agreement for an ambitious coal-fired energy project in Tanzania. The capital required to build it, however, is immense.
Brian Molefe appointed acting CEO of Eskom
Brian Molefe, CEO of Transnet, has been appointed acting CEO of Eskom, the state-owned power utility.