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Exxaro may hold excess cash as searches for coal export certainty

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EXXARO Resources might elect to hold cash rather than pay a special dividend when it announces its interim results later this year despite failing...

Petmin to build thermal coal warchest

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Petmin says it will be able to gather enough finance to a buy a two to three million tonne year operating thermal coal mine.

TFR repairs North Corridor rail route following cable theft in record...

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TRANSNET Freight Rail (TFR) said today it had repaired damage related to cable theft and vandalism on the North Corridor - the rail route...

Wescoal looking for new project boost in 2020 after registering R51m...

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WESCOAL Holdings forecast a recovery in production in the second half of its 2020 financial year following disappointing numbers for the six months ended...

Exxaro hits out at Eskom force majeure as Grootegeluk coal agreement...

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A ROW is brewing between Exxaro Resources and Eskom after the state-owned utility issued a force majeure over coal deliveries to its Medupi and...

Profits from coal to power Glencore re-rating following corruption relevations

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SHARES in Glencore are tipped for a re-rating following publication of reports by US, UK and Brazilian anti-fraud organisations into corruption perpetrated by the...

Govt approves cut-price TCSA, Exxaro deal

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Government approves the bid for Total Coal South Africa, but requires black owned buyer, Exxaro Resources, to attach BEE to the heavily reduced $382m deal.

CoAL brings curtain down on legacies, sets about acquisition

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This is an update of an article published on March 14 which erroneously stated Coal of Africa was short of funding to settle an...

SA coal exporters lose out as prices fall after Transnet...

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The boom times are over for South Africa’s coal exporters after a year during which thermal coal export prices spiked to more than $180/t...

Eskom paying for sins of the past, says outgoing CEO De...

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POLICY missteps and delays were the root cause of South Africa's power crisis, said BusinessLive citing comments in Parliament on Tuesday by André de...