SA Govt. 2,500MW nuclear plan panned by energy expert, environmentalists
THE South African government's surprise announcement that it intended to put 2,500MW of nuclear power out to tender at the end of its 2021/22...
Economics played second fiddle to ESG in Glencore’s purchase of Colombian...
ECONOMICS will play second fiddle to climate change ambitions when Glencore buys out the shares in thermal coal mine Cerrejón from its joint venture...
Seriti signs 20-year wind power deal for coal mines in first...
SERITI Green, the renewable energy subsidiary of Mike Teke’s unlisted coal group Seriti Resources, has signed a 20 year power purchase agreement for 155MW...
Exxaro may sell Eskom-dedicated Matla coal mine in asset review
Exxaro Resources is to sell its Arnot coal mine as well as North Block Complex (NBC), both situated in Mpumalanga province, in terms of...
Thermal coal will make investors money for years to come
THE dirty commodity might be unpopular with some, but thermal coal is proving to be good business. Demand for the fuel was stoked to...
SA sidesteps NDP with $10bn Russia nuclear deal
In a rebuff of the National Development Plan's warning on the expense of nuclear fuel, the government signs a R111bn deal with Russia for 9.6Gw of power.
Pan African, CoAL discussed joint bid for Keaton Energy
COAL of Africa (CoAL) and Pan African Resources (Panaf) discussed a joint bid for Keaton Energy in which the two would create a takeover...
CoAL in debt and equity deal with Investec
Investec is to pump $58.7m into Coal of Africa through a combination of debt and equity funding, with an undertaking to acquire some more shares over the next year.
Shumba Energy eyes electricity export deal with Eskom
Five years ago, Mashale Phumaphi was an investment banker, braving the London freeze. On one occasion, he was asked to run the rule over...
Glencore clinches $6.93bn deal for Teck’s coking coal business
GLENCORE is to buy Canadian group Teck's coal business for $6.93bn which it then intends to demerge and separately with its existing thermal coal...