Glencore cuts SA coal by 5mt as prices bite
Glencore is to cut thermal coal output from Optimum Coal by at least five million tonnes a year as coal prices bit deep causing "ongoing financial hardship".
Eskom says more stations vulnerable to wet coal
Eskom CEO, Brian Dames, identified a number of power stations were wet coal could cause the utility major headaches as it staved off more loadh-shedding.
BHP approves Caval Ridge development
BHP Billiton has approved development of the Caval Ridge Mine project and expansion of the Peak Downs Mine in the northern Bowen Basin in Central Queensland, Australia.
BHP sees shale gas capex over $4bn in 2012
BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.
Exxaro applies to export coal saying forex earned will help SA...
EXXARO Resources confirmed it would continue to operate its mines in order to supply Eskom, South Africa's power utility, but it would also endeavour...
Wescoal joins Ata consortium in takeover bid for Universal Coal
WESCOAL Holdings, the Johannesburg-listed coal producer, said it had joined a consortium led by private equity firm, Ata Resources, to buy Universal Coal.
Universal Coal...
Crippled by weight of debt, Eskom posts R18.9bn annual loss
DEBT continues to hobble the books of the government owned South African power utility, Eskom, said BusinessLive which reported today on the firm's annual...
Eskom’s Mabuza calls on SA’s coal producers to put national interest...
ESKOM chairman and acting CEO, Jabu Mabuza, on Thursday appealed to the utility’s suppliers, both coal miners and renewable energy producers, to put the...
Makhado coal project survives even if SA steel industry fails, says...
MC Mining said its proposed $32m Makhado coking and thermal coal project would not be negatively affected even if the stalwart of South Africa’s...
Coal ends sales with R250m Mooiplaats deal
Coal of Africa completed its portfolio adjustments selling the Mpumalanga thermal coal colliery Mooiplaats for R250m to private group, Blackspear.