Price catalysts removed from Exxaro, but firm’s shares considered “defensive”
COST control and project management have been identified as critical for Exxaro Resources during the remainder of its financial year, which closes on December...
Mantashe wants commodity price-linked electricity tariffs
MINISTER of Mineral and Petroleum Resources Gwede Mantashe on Thursday raised the possibility of negotiating electricity tariffs linked to commodity prices in an effort...
RBM to reduce emissions 60% after securing third power deal
RICHARDS Bay Minerals (RBM) on Thursday announced a third renewable energy supply agreement which will see the KwaZulu-Natal operation reduce greenhouse gas emissions by...
Shumba sells 50% stake in Sechaba thermal coal project to SA’s...
SHUMBA Energy, a company listed in Botswana, is to sell a 50% stake in its Sechaba coal prospect, which is located in the southern...
South32’s Mike Fraser positive on concluding sale of SAEC to Seriti...
SOUTH32 was "positively optimistic" it would complete the sale of its South African Energy Coal (SAEC) business to Seriti Resources by year-end, even though...
IDC agrees to extend date for MC Mining’s loan repayment of...
THE Industrial Development Corporation (IDC), a South African financial development institution, has agreed to extend the deadline for repayment of R160m extended to MC...
Continental Coal to extend Ferreira’s lifespan
Continental Coal has entered into agreements to extend the operating mine life at the Ferreira coal mine through the acquisition of an adjacent prospecting right.
Eskom says more stations vulnerable to wet coal
Eskom CEO, Brian Dames, identified a number of power stations were wet coal could cause the utility major headaches as it staved off more loadh-shedding.
Tata Power moots SA ‘stranded coal’ plan
Eskom has warned against exportation of coals it could use for South Africa's power
generation, but an Indian company says its involvement in the industry should be
seen as an opportunity.
MC Mining toils with Uitkomst, but share price acknowledges Makhado advances
THE transition to owner-operator mining at Uitkomst is proving harder to master than first anticipated by MC Mining, the Sydney- and Johannesburg-listed coal producer...