Govt unveils ‘radical’ plan to reshape SA coal
More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.
Gigaba calls on coal miners to compromise
Minister of public enterprises, Malusi Gigaba, says he'll support declaring coal a national asset but thinks a national pact on coal price inflation is a better option.
Ncondezi Coal presses ahead with $627m mine
Ncondezi Coal said a study found a 18 milliion tonne/year thermal coal mine in Mozambique feasible as it anticipates the country's power boom.
Eskom’s Dames moots national coal pact
Speaking in parliament, Eskom CEO Brian Dames appealed to the country's coal producers to enter into a coal pact with coal prices not exceeding 10% annually in return for lower electricity increase.
Mozambique coal boom caught UN off guard
The emergence of Mozambique's Tete province as the epicentre of coking coal exploration had left the local economy short, said the UN which acknowledged it had been caught off guard.
Mozambique says tax review under discussion
Mozambique's deputy mines minister confirms capital gains tax changes are on the agenda but says adaptations to the fiscal regime is only a discussion at present.
Anglo says Revuboe too small for own rail, port
Anglo American says it will look to share existing infrastructure for its 10 million tonne/year Minas de Revuboe project in Mozambique once it has consummated the $555m transaction.
Sentula tightens belt in contracting business
The deterioration in the South African mining business created hazards and opportunities for Sentula's contracting business while its exploration unit had been downscaled.
Strike costs Wescoal R10m in Eskom deliveries
A truckers’ strike knocked revenues and profits of Wescoal in the first six months of
its financial year, but the junior still managed solid results.
CoAL ends Mooiplaats strike, but market bites
Coal of Africa said a six-week strike at its Mooiplaats colliery in Mpumalanga
province was over, but the lower production and poor markets will make to a tough
first half of its financial year.