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Joemat-Pettersson doubts R1-trillion nuclear cost

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South Africa energy minister, Tina Joemat-Pettersson, had no idea how a R1-trillion price tag had been attached to the country's nuclear power ambitions.

South32’s $250m package to help SAEC absorb up to nine months...

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LOWER than anticipated cash flow was one of the reasons South32 decided to pump $250m in cash and debt into its 92%-owned South African Energy...

SA govt’s AEMFC to pump R1bn into Optimum Coal after winning...

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AFRICAN Exploration & Mining Finance Company (AEMFC), a company owned by the South African government, said on Tuesday evening it had been awarded an...

Beacon Hill lists in Australia

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Beacon Hill Resources, a coal exploration and production firm, is seeking to broaden its investor base after having depository receipts listed in Australia.

Eskom says SA has to suck up tariff increases

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ESKOM'S application for above-inflation tariff hikes over the next three years opens the conversation about what South Africa's national electricity utility needs to invest...

CoAL brings the curtain down on Mooiplaats

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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’s Boje quits amid Ramaite conflict

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Andre Boje has quit as CEO of Wescoal Holdings after 18 years in a decision that would appear to be linked to a conflict with his chairman, Robinson Ramaite.

Keaton to re-scope project amid heavy write-downs

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JOHANNESBURG-listed Keaton Energy is to post earnings and headline earnings losses for its 2016 financial year owing to two non-cash items including a R61.5m...

SA gives cautious “yes’ to shale gas

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SA has given a conditional green light to the exploration of shale gas in the Karoo and will assess every step towards full scale hydraulic fracturing for possible "unacceptable outcomes'.

Firestone makes rights progress

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Firestone Energy's application for mining rights made by its joint venture with Sekoko Resources has been approved at a regional level by the department of mineral resources.