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Beacon Hill investors in uproar over failure

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Private investors in Beacon Hill Resources say the company's management could face a class action after failing to study their proposal to save the company.

Blow to Billiton in Eskom price case

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The high court has rejected BHP Billiton's attempts to dismiss a legal bid which may reveal its preferential electricity prices.

Wescoal plans Q4 Elandspruit start-up

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Integrated coal producer and trader, Wescoal Holdings, said it would buy plant for R45m in order to commission its Elandspruit colliery by the fourth quarter of this year.

Thungela Resources CEO, July Ndlovu sticks to his guns on the...

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Do you fancy your chances as a contrarian investor?  Do you also maybe get a buzz out of making money from an investment which...

What are investors getting in Anglo’s demerged coal play, Thungela Resources?

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ON June 7, investors will have a new proposition before them: Thungela Resources, the name given to Anglo American’s soon-to-be demerged thermal coal assets,...

Eskom chairman Ngubane cavils at Ramatlhodi’s “naked lies”

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IN a commentary evocative of Donald Trump's complaint that he was the worst treated politician in history, Eskom chairman Ben Ngubane said the South...

MC Mining secures 400Kt/year in Chinese offtake deal for Makhado

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MC Mining's ambitions of building a R1.23bn coal mine, Makhado, in South Africa's Limpopo province received a boost today after it had secured an...

MC Mining studying alternative plan for Makhado if snared in long-term...

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MC MINING saw its losses soar to $101.6m in the year to end-June (previous comparable period: $15.6m loss), but CEO David Brown reckoned the...

Eskom tariff increase will cost SA miners extra R13.5bn by 2024,...

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TARIFF increases allowed to South Africa's energy utility Eskom would lead to an increase in electricity costs of R13.5bn by the end of 2024...

Fear not the ‘Glenstrata’ giant, says customers

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Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers.