South32 confirms plans to sell SAEC to Seriti, extends share buy-back...
SOUTH32 confirmed market speculation it had entered into exclusive negotiations with Seriti Resources for the sale of its South African Energy Coal (SAEC) business...
Eskom to challenge 9.4% Nersa tariff award in High Court as...
ESKOM, the South African power utility, plans to challenge a tariff structure apportioned to it by the country's energy regulator in court, said Bloomberg...
Coal price saves Thungela’s skin amid TFR stumbles, growing impact of...
THUNGELA Resources expected to lose 600,000 tons of export coal revenue in its 2022 financial year owing to a deterioration in the performance of...
Eskom blames strikes, IRP for 45-day delay of strategy blueprint
ESKOM blamed industrial action, failure to make key appointments, and the timing of a government energy policy for the delay in finalising its much-awaited...
Shiva Uranium wastes no time cutting jobs
Shiva Uranium, who took over Uranium One's Dominium Reefs Mine, has wasted no time cutting jobs at the mine despite promising the Competition Commission that no job losses would result from the takeover.
Resgen secures offtake from coal mine
Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.
Kalahari sees CGNPC bidding for Extract
Kalahari Minerals, major shareholder in uranium developer Extract Resources, expects its Chinese suitor would eventually make a takeover offer for Extract.
Govt to rebut UN Mapungubwe criticism
Coal of Africa's Vele mine is at the centre of more controversy as the UN
criticises South Africa's permitting regime at a World Heritage Committee
meeting.
Higher Transnet deliveries boost coal exports
South Africa's coal exports rose to 5.36 million tonnes in September from 4.16 million tonnes in the same month last year, boosted by higher deliveries by logistics group Transnet.
SA may import more power from neighbours
Eskom is considering importing more electricity from its neighbours as power in South Africa is expected to remain tight for at least the next two years.