Keaton to raise funds as it eyes growth
Keaton Energy is aiming to raise around R80m in the near future,
notwithstanding poor market conditions for coal producers, as it remains
convinced about its growth strategy.
Global renewable energy adoption set to outstrip coal in five years,...
THE world will derive more power from renewable energy than from coal in the next five years, according to BusinessLive.
Citing a report by International...
SA coal strike averted, for now, while NUM studies new offer
A COAL strike affecting as much as half of South Africa's production may be averted after mining companies submitted new proposals scheduled to be...
Paladin gives green light to Langer Heinrich reopening but inflation ups...
NAMIBIA'S Langer Heinrich mine is to restart production in early 2024 some six years after a plummeting uranium oxide price forced its closure.
Paladin Energy...
New tariff to force Eskom strategy rethink
Brian Dames, CEO of Eskom, said the utility would have to fundamentally re-engineer itself in order to address the halving of its proposed five-year tariff hike.
Thermal coal will make investors money for years to come
THE dirty commodity might be unpopular with some, but thermal coal is proving to be good business. Demand for the fuel was stoked to...
Eskom discloses R38bn capital bill for cost plus coal
ESKOM, the South African power utility, said it would plough R38bn into so-called 'tied mines' including some R1.8bn for a new shaft at Matla,...
Indian firms rescue SA coal juniors
Both Homeland Energy and South African Coal Mining Holdings are being rescued financially by their new, controlling Indian shareholders.
Sasol calls for calm heads in carbon tax debate
David Constable, CEO of Sasol, said a carbon tax could hurt competitiveness in
South Africa, and urged the country to stand back to consider "unintended
consequences".
MC Mining shuts gates to discourage looting spreading to Uitkomst mine
MC Mining, a coal miner operating in South Africa's KwaZulu-Natal, said today it had temporarily suspended operations at its 70%-owned Uitkomst mine owing to...