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Exxaro expects profit to double

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Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.

SA union calls on resignation of Eskom management, board after COO...

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ESKOM'S board and senior management ought to resign after its COO, Jan Oberholzer, was cleared of wrongdoing, said Bloomberg News citing the South African...

Tariff increases loom as Eskom flounders

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ELECTRICITY users should brace themselves for further tariff increases as Eskom tries to address cash flow constraints brought by rising operational and funding costs.

Sasol share price in meltdown as Saudi Arabia embarks on oil...

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SASOL'S problems intensified today after its share price sank to its lowest level in more than seven years following plummeting oil prices, down 30%...

South Africa’s Transnet reports derailment on coal export line

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FRESH coal export delays from South Africa are likely to result from a train derailment which operator Transnet announced had occurred today. The government-owned company...

Dispute flares over illegal mining at Optimum Coal

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LIBERTY Coal said on Friday it had launched a R600m damages claim in the High Court against Kego Mining which it alleges illegally mined...

Glencore, Ramaphosa take control of Optimum

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Glencore International says it and businessman Cyril Ramaphosa has gained a majority holding of Optimum Coal.

Keaton expects earnings boost

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South African coal exploration and development company Keaton Energy Holdings said it expected to post significantly improved interim earnings

Ramaphosa appointed Optimum chair

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Optimum Coal says it has appointed businessman Cyril Ramaphosa as chairperson and non-executive director of the company.

Six million people could be affected by coal, gold mine closures

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AN estimated six million people who live near mining areas in South Africa will be affected socially and economically by mine closures, said BusinessLive. Citing...