Wescoal’s Ramaite in BEE restructure
Shares in Wescoal Holdings worth R28m have been unbundled to its chairman as the firm plans Eskom compliant black economic empowerment.
WCC planning $140m export coal mine
Waterberg Coal Company said it was preparing to unveil details of a $140m coal export mine from its property in the Limpopo province.
Keaton to pay dividend, warns of project delay
Keaton Energy generated tons of coal and cash in the half year lowering net debt and giving itself room for dividends, but its Moabsvelden project could be delayed.
Wescoal agrees 50.1% Eskom BEE tie-up
Wescoal Holdings was among the first of South Africa's publicly-listed coal producers to agree to sell Eskom coal from an entity controlled by black interests.
Transnet weighs strategic coal as force majeure
Transnet is in talks with coal exporters over viewing developmental pricing as a force majeure event that would affect its take-or-pay agreements on the coal line.
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.
SA Govt kicks on with Karoo shale gas permits
The South African government is to proceed with the processing of exploration permits for shale gas in the ecologically sensitive region of the Karoo.
Kibo plan builds case for East Africa energy
Tanzania is chronically short of power and recognises in companies such as the JSE's Kibo Mining the importance of public-private partnership.
ContiCoal gets “offers” for SA mines
The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.
WCC extends proposed Eskom deal to 40 years
Waterberg Coal Company said Eskom had lowered its demands on coal yields in order for a sales agreement to last 40 years. However, the deal is still not signed.