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Shale gas debate set to raise temperatures

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Exploration for shale gas in the Karoo is likely to raise the temperatures of conservationists this year after the ANC wrote it into its manifesto.

Glencore sticks while peers twist on coal

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Glencore Xstrata is investing in African thermal coal assets whilst its peer group - BHP Billiton and Rio Tinto - seek an exit from the continent.

ContiCoal dismantles board in A$5m rescue

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A UK merchant bank, Empire Equity, will provide bridging finance and assist with a A$28m rights offer but the coal firm's executive team will be dismantled.

Forbes Coal’s Theron booted in $19m ouster

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CEO, Stephan Theron, is to step down from the company as shareholder Resource Capital Fund re-capitalises the company in an effective takeover.

Glimmer of hope for cash-strapped ContiCoal

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Continental Coal said it had made progress in discussions with bondholders over the recapitalisation of the business.

VMR’s bet on Aussie coal miner in peril

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Village Main Reef's 19.9% stake in Continental Coal was in danger after the Australian coal miner said it may place itself into administration.

Eskom always likely to face challenges: Dames

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Brian Dames, outgoing CEO of Eskom, said the context in which the power utility operates means the group would always face stiff challenges.

Glencore Xstrata integral to SA coal fortunes

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The listing of Glencore Xstrata in Johannesburg affords analysts an opportunity to see with more detail how closely tied up the firm's fortunes are with the economy.

Eskom fears resurface as Dames resigns

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Brian Dames, CEO of Eskom, is to leave the company in March with financial, operational and capacity pressures as omnipresent for the power utility as ever.

Eskom, Anglo to seal deal on New Largo

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Eskom said it expected to clinch a 16mtpa coal supply deal for its R118.5bn Kusile power station with Anglo American's proposed New Largo colliery.