CoAL Chapudi deal extended again
CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.
Explosion at Anglo American’s Grosvenor metallurgical coal mine injures five people
AN explosion at a coal mine run by Anglo American in Australia’s Queensland state has injured five people and halted production, said Reuters citing...
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...
Ncondezi Coal presses ahead with $627m mine
Ncondezi Coal said a study found a 18 milliion tonne/year thermal coal mine in Mozambique feasible as it anticipates the country's power boom.
Cash a burning question for SA coal miners Thungela and Exxaro
IT'S sometimes said that the biggest challenge for executives is not how they cope in the hard times, but how well they allocate cash...
Wescoal sells plant in restructure
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.
Coal boss says world should allow SA to conduct energy transition...
SOUTH Africa ought to be given the same energy transition Europe allowed itself, said Mxolisi Mgojo, outgoing CEO of Exxaro Resources.
Speaking at the Financial...
Exxaro agrees 7.5%-10% wage deal to end Grootegeluk strike
EXXARO Resources brought a nine day strike over wages at its flagship mine, Grootegeluk and Leeuwpan to an end today after agreeing a new...
Resgen targets April for Eskom deal, to raise R550m with TFR
RESOURCE Generation (Resgen) has put a new deadline of mid-2017 for the $400m required to complete funding of Boikarabelo, a six million tonne a...
SA coal entrant intends market disruption, praises “beautiful” South32 assets
SAKHILE Ngcobo, a shareholder in South African coal entrant, Sibambene Coal, said the company intended to buy assets or establish joint ventures with existing...