Exxaro calls time on unsustainable Leeuwpan Colliery
A FORMAL Section 189 consultation has been launched with the relevant trade unions at Exxaro’s lossmaking Leeuwpan Colliery, which has become unsustainable in its...
Exxaro resets shareholder rewards easing capital allocation fears
CONCERNS about the strategic direction of Exxaro Resources aired at its annual financial figures presentation in February were driven by fears it would allocate...
Sibambene’s Ngwenya targets re-write of SA coal’s ownership rules
NOMFUNDO Ngwenya won’t confirm whether Sibambene Coal, the consortium of which she is chairwoman, is in the mix for the South African thermal coal...
SA miners slapped with electricity levy hike
Intensive energy users face an additional levy as the South African government studies loopholes - a tax that will stay in place until the carbon tax is instituted.
SA nuclear plan outdated and unnecessary
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.
Exxaro continues to build up cash ahead of decisions on diversification
Exxaro revenues and profits took a beating in the six months to end-June as expected but the group remains in good shape overall thanks...
Coal industry “still evolving”, says Menar’s Bayoglu
COAL'S importance to baseload power generation and advances in technology that have helped reduce the fuel's carbon footprint were being understated by its opponents,...
Swiss industrial giant ABB “may be sanctioned” as reports suspect Eskom...
SWISS industrial giant ABB acknowledged it could be sanctioned for suspect payments related to work it carried out for Eskom's Kusile, a 4,800MW coal-fired...
Govt mining firm almost ready to go
A state-owned coal and uranium mining company will be up and running within weeks.
Petronas, Phembani to list Engen on JSE in order to fund...
PHEMBANI Group, which is a shareholder in Engen, is to sell shares in the fuel retailer in order to upgrade a Durban refinery, said...