More uphill for Coal of Africa
Coal of Africa's woes continue with a delay to the sale of Mooiplaats; a restructuring of the capital raise and legal action against the Makhado mine
8 questions for Eskom’s Tshediso Matona
Tshediso Matona, CEO of Eskom, tackles questions on BEE demands, commerce versus politics and why it's not the right time to ask about good days at the office.
Eskom coal producer BEE demands workable
Eskom's BEE demands of new coal supply contracts is causing some teeth-grinding, but coal producers say there's flexibility in deal structuring.
Sterner test awaits Anglo, Eskom coal MoU
The memorandum of understanding for coal supply from Anglo American's New Largo mine to Eskom is progress, but a fully-fledged agreement is still far away.
Absa seeks business rescue for ContiCoal
South African bank Absa has applied to put Continental Coal in business rescue proceedings despite the Australian firm hoping to sell its operating asset.
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.