Home News Energy Page 124

Energy

Forbes Coal posts record exports

0
Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.

Resgen $400m funding waiting on Eskom “internal inquiries”

0
RESOURCE Generation (Resgen), the Sydney- and Johannesburg-listed coal development firm, was unlikely to secure the balance of its funding for the Boikarabelo thermal coal...

Wescoal to double up coal trading arm

0
Wescoal Holdings said it is to buy a domestic coal trading business for R79m that would double its current activities.

Rio Tinto ends Mozi excursion in $50m sale

0
Rio Tinto brings the curtain down on its disastrous excursion into Mozambique's coking coal district selling its subsidiary company for $3.85bn less than it paid.

Transnet in force majeure over Thungela coal exports as battle with...

0
TRANSNET has effectively admitted it cannot cope with the vandalism affecting its operations on the Richards Bay coal line as well as the impact...

SA economy needs coal policy: Manuel

0
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.

Crippled by weight of debt, Eskom posts R18.9bn annual loss

0
DEBT continues to hobble the books of the government owned South African power utility, Eskom, said BusinessLive which reported today on the firm's annual...

SA ought to upgrade Eskom’s coal-fired power stations, says sanctioned Russian...

0
SOUTH Africa ought to upgrade its existing fleet of coal-fired power stations to help solve daily power cuts rather than invest in more expensive...

Eskom lifts wage offer to 5.25% but unions likely to reject...

0
ESKOM has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick. The publication said today however...

Xstrata nears Colombian coal miner deal

0
Xstrata is close to winning the $8bn auction for Colombia's second-biggest coal miner, reports British newspaper The Sunday Times.