Exxaro to send test train from Grootegeluk in bid to ease...
EXXARO Resources will send a “test train” carrying coal to Eskom power stations in Mpumalanga province from its Waterberg operations in the Limpopo province...
Gwede Mantashe expresses concerns Optimum Coal business rescue is “corrupt”
THE process through which Optimum and Koornfontein coal mines is being sold may be corrupt, said mines and energy minister, Gwede Mantashe.
Asked by Miningmx...
Eskom fears resurface as Dames resigns
Brian Dames, CEO of Eskom, is to leave the company in March with financial, operational and capacity pressures as omnipresent for the power utility as ever.
TFR seeking R40bn outlay for rail line
Transnet Freight Rail wants to build a new heavy haul rail line to replace the route it is currently upgrading for new coal from the Limpopo province.
Optimum secures R2.2bn in credit
Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.
Vale says rail sharing negotiable
Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.
We’re ready for strike – Eskom
Power utility Eskom says it is ready should its 16,000 workers decide to go on a strike over wages.
Range River in R270m Firestone Energy bid
Range River Gold has made a share-based offer for Firestone Energy which has urged shareholders to do nothing until a bidder's statement is lodged.
Wescoal slides 11% after shock resignation of CEO, Waheed Sulaiman
SHARES in Wescoal Holdings slid 11% by close of trade in Johannesburg on January 28 after it announced the resignation of Waheed Sulaiman, the...
Rand lends limited cover to coal stocks
The rand hasn't provided much of an uplift to coal stocks but there are South African companies that are lifting themselves up by their own shoe-strings.