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SA mining sector restarts operations as Eskom gradually eases power restrictions

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SOME of South Africa's mining companies returned to operations today and last night after power utility, Eskom, relaxed rotational load-shedding. Harmony Gold said it had...

Canada extends review of Paladin deal to end-December

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PALADIN Energy will have to wait until at least December 30 to discover if its proposed C$1.1bn takeover of Canada’s Fission Uranium Corp. will...

Eskom mulls new Exxaro coal supply deal

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UPDATED - Exxaro said it had started delivering coal to Eskom’s Medupi power station, even though the power utility was still to agree to a new ramp-up schedule.

Wescoal domestic coal plan yields dividend

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Wescoal Holdings signalled its confidence in its domestic coal supply strategy paying a maiden dividend and saying it was seeking more acquisitions.

Sasol calls for calm heads in carbon tax debate

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David Constable, CEO of Sasol, said a carbon tax could hurt competitiveness in South Africa, and urged the country to stand back to consider "unintended consequences".

MC Mining confident of $35m equity deal on Makhado despite coal...

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MC Mining was confident of completing the outstanding $35m equity portion of the $52m required to repay debt and fund the first stage of...

SA nuclear plan outdated and unnecessary

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South Africa's plans for 10 Gigawatts of base-load nuclear power was based on a plan drawn up in 2010 when the economy was forecast to grow at higher levels.

SA Govt. springs surprise appointing Nampak’s Andre de Ruyter as Eskom...

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ANDRE de Ruyter, CEO of packaging company Nampak has been appointed CEO of Eskom, public enterprises minister, Pravin Gordhan announced today. De Ruyter's appointment is...

R300bn nuclear budget “just the beginning”: Peters

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The R300bn set aside in finance minister Pravin Gordhan's national budget last week for nuclear power in South Africa was just a beginning said Dipuo Peters, energy minister.

Firestone, Sekoko funding in-tact

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.