LontohCoal seeking R360m for RBCT stake
Unlisted coal development firm, criticized by ANC investors last year, is looking to raise R360m for export entitlement and to prepare for a $1bn Hong Kong listing.
BHP, Eskom in tussle over environmental levy
BHP Billiton is not prepared to continue paying the environmental levy for the
power its Southern African aluminium smelters consume, says Eskom.
Eskom, BHP in coal, power cost imbalance
Eskom pays more for thermal coal supplied by BHP Billiton than the mining house
pays for Eskom's electricity at its three aluminium smelters, a study shows.
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.
BHP Billiton to hold Eskom to power deal
Diversified mining group BHP Billiton said it would hold Eskom to a power deal first agreed in the Nineties despite pressure that it be modified.
Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Ramaphosa reverses worker dismissals
Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.
Anglo withdraws from $540m Revuboe project
Anglo American cited failure to meet conditions timeously as the reason for not proceeding with the $540m investment in Mozambique's Revuboe project.
SA must reduce power by up to 15%: Peters
South Africans were urged to cut electricity consumption by up to 15% in order to avoid a repetition of load-shedding which shut the mining industry for a week in 2008.
Strike ends at Exxaro coal mines
Workers at five of Exxaro's collieries and its reductants operation would return to work today after agreeing to the payment of a first quarter incentive.