Wescoal sells plant in restructure
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.
Eskom strike may hit fans
The largest union representing Eskom workers have decided to go ahead with a strike next week, which may leave households and businesses in the dark during the World Cup.
Gupta’s Oakbay hits out at “gravy train” in SA coal
OAKBAY Investments has hit back at a newspaper report that said it received a lucrative prepayment from Eskom for coal, saying the system through...
Rio confirms plan to sell Riversdale’s ZAC
Rio Tinto will sell Riversdale’s Zululand Anthracite Colliery once it has completed its takeover of the junior coal firm.
Seriti ties up SA leg of transformative renewables supply deal with...
PRIVATELY-held energy company Seriti Resources today concluded the acquisition of a 100% stake in Windlab South Africa providing it with access to renewable projects worth...
MC Mining institutes “no work, no pay” for non-essential staff as...
MC Mining has implemented a 'no work, no pay' rule for non-essential staff following the suspension of mining at its Uitkomst coal mine in...
Guptas snap up Optimum Coal for R2.15bn
The Gupta family have bought Optimum Coal Mine out of business rescue through associate business Tegeta with Glencore advancing R400m to secure the deal.
Hike in insurance premiums could deliver knock-out blow for under pressure...
THE rising costs of insuring coal mine assets may in the long run render those mines increasingly less profitable, accelerating their closure and that...
Petmin to build thermal coal warchest
Petmin says it will be able to gather enough finance to a buy a two to three million tonne year operating thermal coal mine.
Petmin to set about funding $250m NAIC in third quarter
PETMIN said it would begin sourcing funding for its $250m pig iron project which is held in its 40%-owned North Atlantic Iron Corporation (NAIC)...