Keaton Energy said collusion between employees at a mine in KwaZulu-Natal cost the firm R25m in coal sales and resulted in a R56.5m impairment.
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.
Kusile and Medupi will not be South Africa's last coal-fired power stations, says Eskom CEO Brian Dames.
It's a case of trading places among the aspirant coal miners of the Waterberg, with Sekoko Resources announcing it has poached two top executives from Namane Energy.
WESCOAL Holdings has restructured its balance sheet in which it has locked in new credit of R1.1bn with the option of accessing an additional...
SOUTH32, a company listed in Sydney and Johannesburg, had lowered the estimated coal reserves at its Illawarra Metallurgical Coal project, said Reuters citing a company...
South Africa's rail and logistics company Transnet said it hoped to increase coal exports again in 2016 notwithstanding the slump in international coal markets.
ESKOM, South Africa's power utility, would "have a voice" in the proposed sale of Anglo American's South African domestic coal mines, said Mark Cutifani,...
Wescoal Holdings has raised R200m in debt with Investec the bulk of which will help double the coal firm's run-of-mine production to four million tonnes a year.
Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.