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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.

Eskom transmission unbundling debate rages

Serious consideration is being given to the possibility of unbundling Eskom's transmission network and making it part of the future independent systems operator.

Kibo Mining bets on Tanzania GDP growth

There are several foreign companies correlated to GDP and power generation growth in Africa, but for a local take on this dynamic, look no further than Kibo Mining.

RBCT seeks new export record in 2018 as Asia mops up...

THE Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tons (Mt) of coal during 2017 beating the previous record of 75.38Mt exported...

MC Mining confident of $35m equity deal on Makhado despite coal...

MC Mining was confident of completing the outstanding $35m equity portion of the $52m required to repay debt and fund the first stage of...

Hwange Colliery limps through 2019 promising higher production rates, again

TOTAL liabilities for Hwange Colliery Company (HCC) in Zimbabwe exceed assets by $19m, casting uncertainty on the ability of the coal miner – currently...

Exxaro to send test train from Grootegeluk in bid to ease...

EXXARO Resources will send a “test train” carrying coal to Eskom power stations in Mpumalanga province from its Waterberg operations in the Limpopo province...

MC Mining’s Makhado project awaits resolution of land claim

MC Mining (formerly Coal of Africa) has all the required regulatory permits in place to begin mining at its Makhado coking coal project in...

Former ABSA boss Ramos identified to lead Eskom unbundling process

FORMER ABSA CEO, Maria Ramos, may be drafted in to lead the proposed unbundling of Eskom's into three separately managed units, said BusinessLive citing...

Xstrata profit up sevenfold on commodities boom

Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.