MC Mining takes $87.5m Vele hit, but collects first Uitkomst revenue
MC Mining, formerly known as Coal of Africa, collected its first full revenues from the recently acquired Uitkomst colliery but a sea-change in the...
Rio seeks to delist Riversdale
Rio Tinto proposes to delist Riversdale Mining after gaining control of more than 73% of the firm.
WCC extends proposed Eskom deal to 40 years
Waterberg Coal Company said Eskom had lowered its demands on coal yields in order for a sales agreement to last 40 years. However, the deal is still not signed.
Thungela to undershoot 2021 thermal coal target as Transnet rail crisis...
THUNGELA Resources is forecast to undershoot production guidance for its 2021 financial year of 16 million tons (Mt) owing to a decline in rail...
SA Govt. has no time for complicated Eskom unbundling – Goldman...
ESKOM, South Africa's beleaguered electricity utility company, did not have the time to embark on a complicated restructuring process, said Bloomberg News citing the...
Merafe to get electricity tariff relief but Transnet chrome volumes 50%...
MERAFE Resources is optimistic of getting relief from crippling electricity tariff increases after getting "solid traction" in discussions with Eskom, the state-owned power company.
This...
Exxaro said to be suffering exodus of senior leaders
EXXARO Resources had suffered an exodus of senior employees owing to the management style of the coal miner's CEO of two years Nombasa Tsengwa,...
Forbes sets out growth targets
Forbes Coal said run-of-mine coal production would increase just over 400,000 tonnes from its two KwaZulu-Natal province mines in the current financial year.
CoAL blames Mooiplaats woes on unclear laws
Coal of Africa says the majority of South African mines will be forced to close shop if environmental legislation is to be applied consistently.
SA Govt suspends licence for CoAL Makhado venture
COAL of Africa's (CoAL's) plans to start development of its Makhado coking and thermal coal project received a setback today when the South African...