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Long-term coal supply a worry, says Eskom

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Rising coal exports are threatening the security of supplies for electricity generation over the long term, says a senior Eskom official.

5 urgent ‘to-do’s’ on Eskom CEO’s worry list

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What to do about a state-owned utility called Eskom is the subject on everyone's lips again. First off, appointing a CEO. Secondly, addressing these crucial issues ...

Lower sales, prices hurt Uranium One’s earnings

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Uranium One’s quarterly earnings have fallen 2% as it sold less uranium at lower prices.

MC Mining to issue R15m in shares as part of debt...

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MC Mining described discussions aimed at issuing R15m worth of shares as "positive" following an agreement with the Industrial Development Corporation (IDC) to restructure...

South32’s Kerr says firm would not seek new coal investments

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SOUTH32 CEO, Graham Kerr, said the Perth- and Johannesburg-listed group would not seek out new coal investments as there was a growing investor preference...

Exxaro benefits from bumper Kumba dividend as softer coal pricing hits...

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PROCEEDS from its 20% stake in Kumba Iron Ore will come to the assistance of Exxaro Resources in the six months ended June 30. Exxaro...

Transnet doubt stalls ResGen’s Boikarabelo

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Resource Generation says major construction work at its Boikarabelo development is on hold until it has secured a railage contract with Transnet Freight Rail.

DMR calls for controls over coal price increases

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Mosa Mabuza, DMR deputy director-general, said the government had prioritised the control of coal costs while a coal policy would be formuated this year.

‘Sordid circle’ delivers R56.5m blow to Keaton

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Keaton Energy said collusion between employees at a mine in KwaZulu-Natal cost the firm R25m in coal sales and resulted in a R56.5m impairment.

Paladin pulls uranium target after Namibia mine flooded

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AUSTRALIAN uranium miner Paladin Energy withdrew its production forecast for 2025 following heavy rainfall at its Langer Heinrich mine in Namibia, described by the...