Sterner test awaits Anglo, Eskom coal MoU
The memorandum of understanding for coal supply from Anglo American's New Largo mine to Eskom is progress, but a fully-fledged agreement is still far away.
Salungano Group share continues volatile form, gaining 40% on JSE
SHARES in coal producer Salungano Group gained 40% by midday on the Johannesburg Stock Exchange continuing the company's unusual trading pattern lately.
Shares in the...
Zambia considering $900m coal-fired power plant
ZAMBIA is considering building a $900m coal-fired power plant as the country battles unprecedented electricity shortages, said Bloomberg News.
The worst regional dry spell in...
Peabody reviews its options on $3.8bn Anglo coal deal after fire...
US coal group Peabody Energy is “reviewing all options” relating to its purchase of Anglo American’s Australian metallurgical coal mines which it agreed in...
Resgen acrimony as A$2.3m director fees quizzed
Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.
Seriti to double coal production after agreeing terms with South32 for...
SOUTH32 today concluded a binding agreement with black-controlled mining firm, Seriti Resources for the sale of its 91.8% stake in South African Energy Coal...
SA to start nuclear bidding in 2012
SA needs to start the procurement for its planned nuclear plants next year so it can commission the first 1,600 MW power station by 2023, says a government official.
SA coal exports facing new disruption as Transnet suffers another train...
COAL exports from South Africa face further disruption after the state-owned freight and logistics company, Transnet, suffered another train derailment, said BusinessLive.
Transnet Freight Rail...
Harmony seeks Eskom relief after continual loadshedding threatens productive capacity
HARMONY Gold said it would be forced to cut productive activities at its mines following a new wave of rolling blackouts imposed by Eskom...
Anglo’s head of coal July Ndlovu appointed chairman of World Coal...
ANGLO American Coal CEO, July Ndlovu, has been appointed chairman of the World Coal Association (WCA), the association said in a statement Thursday.
"We find...