Mandela’s fugitive son-in-law in coal deal
Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.
Tendele ordered to halt mining at Somkhele ahead of June 9...
TENDELE Coal has been ordered to halt mining at the Somkhele coal mine in KwaZulu-Natal province pending the outcome of renewed court hearings due...
Wescoal passes dividend as debt rises to dangerous levels, lenders waive...
WESCOAL Holdings passed the dividend following a poor 2020 financial year in which the South African thermal coal producer slid into a R137m (R2019:...
What will happen to the oil price?
The world's oil market has become more volatile as Opec's long-standing grip over supply control weakens.
Transnet mulls further coal expansions
Transnet, the South African transport utility, said it was considering expanding coal line capacity to beyond 81 million tonnes/year, an amount that is already requiring R16bn in expansion capital.
South Africa’s controversial carbon tax enshrined in law after years of...
SOUTH Africa's controversial carbon tax has finally been made law, according to Reuters which cited the National Treasury on Sunday.
The first phase of the...
Quiet descends on SA coal export growth plans
Plans by South Africa to expand coal export handling facilities are on the back-burner as the international market offers little to no incentive.
SA’s Ramaphosa signals Govt may turn to private sector to alleviate...
PRESIDENT Cyril Ramaphosa has signalled the government may finally bow to pressure from the private sector to generate its own electricity and sell it...
Bushveld Minerals pegs hopes on energy to drive vanadium demand
AS local vanadium producer Bushveld Mineral rides the wave of increased vanadium demand from China, the London-listed junior is also pegging its hopes on...
Eskom must be allowed to earn profit: Eberhard
Past electricity tariff increases given to Eskom were justified, said Anton Eberhard who added the utility was required to make a profit for its own capital requirements.