Exxaro to cut 750 contractor jobs after Group 5 goes into...
ABOUT 750 contract employees would be affected after Exxaro Resources terminated its agreements with Group Five Construction which announced earlier this month it was to...
Resgen scores coup for Limpopo with R5.5bn Boikarabelo funding
RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development company, said it had secured R5.52bn (A$515m) in finance to complete construction of the 12...
Eskom coal woes intensify as NUM calls Koornfontein strike
THE coal supply concerns of South African state-owned power utility, Eskom, intensified today after the National Union of Mineworkers (NUM) said its members would embark on...
Gigaba urges SA to mull coal-fired power
SA should consider building a third, coal-fired power station as progress in building nuclear capacity was slow, said public enteprises minister, Malusi Gigaba.
Eskom fears resurface as Dames resigns
Brian Dames, CEO of Eskom, is to leave the company in March with financial, operational and capacity pressures as omnipresent for the power utility as ever.
Project finance secured for Envusa’s 520MW solar, wind projects
ENVUSA Energy, a joint venture between Anglo American and EDF Renewables, a unit of France's EDF Group, has completed financing of three solar and...
Nuclear remains part of energy mix, says Peters
Energy Minister Dipuo Peters has reiterated government's commitment to nuclear and renewable energy as part of the integrated resources plan.
Iron ore and anthracite losses clobber Afrimat’s earnings
AFRIMAT'S business conditions went from bad to worse in the second half of its financial year to end-February after the diversified mining group reported...
Exxaro’s Mgojo preps market for aspirational, non-mining deal
EXXARO Resources CEO, Mxolisi Mgojo, took time during the firm's 2018 financial year outlook today preparing the market for a potential joint venture deal in...
Banks should be compelled to invest in new coal mines –...
SOUTH African banks Nedbank and Standard Bank should be compelled to invest in building new coal mines, said Bloomberg News citing the comments of...