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‘Sordid circle’ delivers R56.5m blow to Keaton

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 sells plant in restructure

Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.

Eskom plans third new coal station

Kusile and Medupi will not be South Africa's last coal-fired power stations, says Eskom CEO Brian Dames.

Musical chairs in the Waterberg

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 retools balance sheet ahead of possible swoop on SAEC via...

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 lowers estimated coal reserves of Illawarra Metallurgical Coal

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...

Transnet targets 77mt coal exports in 2016

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 “has a voice” in Anglo coal mine disposal plan

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 secures R200m for Elandspruit

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.

RBCT responds as Transnet ups pace

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.