Exxaro donates R20m to Solidarity Fund, injects cash to Mpumalanga, Limpopo
EXXARO Resources donated R20m to the Solidarity Fund and a further R3.45m through its Chairman's Fund and the Exxaro Foundation which will be used...
CoAL expects 1st sales from Vele in next quarter
Coal of Africa says that development of the Vele Project has progressed according to schedule and first sales of coking coal are expected during the next quarter.
Eskom paid R9.7bn in take-or-pay coal penalties to Exxaro – with...
ESKOM paid R9.7bn in penalties in terms of a take-or-pay agreement with Exxaro Resources, according to Bloomberg News which cited a presentation by the...
Firestone in new short-term debt deal
Firestone Energy says it has negotiated a short-term debt facility of $2.2m, provided by the holders of the company's convertible notes.
Three more Miranda board members resign
Three more board members of Miranda Minerals, including its chairperson, have resigned following a court ruling which had put the company’s future in jeopardy.
Nedbank commits R50bn to renewable energy projects as backs away from...
SOUTH African lender, Nedbank, had committed R50bn to renewable energy projects as part of its plan to back away from fossil-fuel financing, said Bloomberg...
SA faces power crunch from next year
Power supply over the next five years is going to be tighter than previously expected with 2012 shaping up as the year when it will be most constrained, according to Eskom.
Gillard pushes to end India uranium sales ban
Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, potentially opening up a new and growing market for suppliers.
Iran warns of $200 oil as attacks on Gulf shipping mount
IRAN'S military warned oil could reach $200 a barrel as fighting between the country and US-Israeli forces intensified, said Reuters on Wednesday.
This comes as...
Eskom’s Mabuza targets unions as key to brief CEO tenure as...
ESKOM'S acting CEO, Jabu Mabuza, put the improvement of relations between the power utility and its unions as a key target for his brief...