PIC snaps up share of $530m Resgen mine
Resource Generation raised $52m of which a portion was taken by South Africa's Public Investment Corporation which said it "liked coal" and that the mine would support Eskom.
Forbes in R45m legal fight with Rio Tinto
Forbes Coal capped a miserable period over the last six months disclosing it had defaulted on a loan and was involved in a legal dispute with Rio Tinto.
Keaton lifted as interim coal output up 55%
Keaton Energy shares performed strongly on further evidence of improved output raising the prospect of a good interim showing in November.
ContiCoal confirms November JSE debut
The JSE is to get another thermal coal play in Continental Coal, a company currently in the throes of refinancing its balance sheet.
Transnet mulls third coal terminal operator
Grindrod and Richards Bay Coal Terminal may be disappointed after Transnet says it's interested in establishing a third 'independent' coal terminal operator.
Petmin delists from AIM, takes write-down
Petmin's anthracite mine, Somkhele, performed well in the second half, but it had disappointing news on its pig iron endeavours, while its UK listing would be ended.
CoAL secures R200m as sets about re-scope
Four of five assets were deemed non-core while seven directors have also left the company as it remodels itself as a project development company.
Keaton bids R182m in part-share deal for Xceed
Keaton Energy has made an all-share offer for Australia's Xceed Resources principally for the firm's Moabsvelden project which borders Vanggafontein.
Shale gas, coal tipped as ‘game changers’
South Africa's government was increasingly relying on shale gas and construction of a third coal-fired power station as it seeks a way of avoiding a future energy crisis.
Eskom eases finance pressure with $1bn bond
Eskom has eased the pressure on its balance sheet raising $1bn in a bond from investors in Europe and the US in a much-needed fillip for the electricity utility.