Wescoal seals recovery after lossmaking
After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.
Endeavour poised to approve $307m Ity project in 2017
ENDEAVOUR Mining hoped to make an investment decision in early 2017 on the development of a $307m carbon-in-leach (CIL) mine at its Ity project...
Anglo finds in Thungela simplest outcome in global coal industry clouded...
ANGLO American CEO, Mark Cutifani, might have had the controversial coal deal between Seriti Resources and South32 in mind when he told Miningmx in...
CoAL brings the curtain down on Mooiplaats
Coal of Africa said it could no longer support Mooiplaats after the thermal coal mine racked up losses of just over R400m over the last two financial years.
Wescoal coal output wobbles in first half marked by corporate M&A...
WESCOAL Holdings spent R18m on new business transactions that did not materialise in the six months ended September.
Commenting in a trading update, in which...
RBPlat CFO Hanré Rossouw to replace Sasol’s head bean counter, Paul...
ROYAL Bafokeng Platinum (RBPlat) CFO, Hanré Rossouw is to leave the company in April next year in order to take up the role of...
Exxaro forecasts stable export coal demand in upbeat take on 2018
EXXARO Resources gave a largely upbeat assessment of its fortunes for its 2018 financial year, saying that the export coal price would be supported...
RBCT coal exports tumble in May
South African coal exports from Richards Bay Coal Terminal fell to 4.01 million tonnes in June from 4.6 million in May, exporters said.
Russia sanctions opens door to new European thermal coal market, says...
SANCTIONS on Russia in the wake of its invasion of Ukraine could herald a shift in Europe's energy market that could see it turn to...
Eskom warns of looming power squeeze
Eskom CEO Brian Dames says the lack of new power stations may finally catch up with South Africa in 2011.