RBCT acknowledges Guptas trying to sell coal rights to Vitol
RICHARDS Bay Coal Terminal (RBCT), today acknowledged for the first time there was a proposal to sell shares in the facility to Vitol, a...
SA Govt kicks on with Karoo shale gas permits
The South African government is to proceed with the processing of exploration permits for shale gas in the ecologically sensitive region of the Karoo.
Glencore to buy Mercuria stake
Glencore, the Swiss trading house, has entered into an agreement to buy Mercuria Energy Asset Management's 5% stake in Optimum Coal Holdings.
Govt unveils ‘radical’ plan to reshape SA coal
More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.
Miranda Minerals suspends trading
Trading in Miranda stock on the JSE has been suspended at the request of the company, after its two major shareholders demanded the repayment of outstanding loans.
Zambian coal power plant construction to start
Singapore's Nava Bharat Pte plans to start construction of a 300MW coal-fired power plant in Zambia by the end of 2011 and complete it by 2014, says company director Ashwin Devineni.
BHP suspends work at Khutala after fatality
BHP Billiton's SA coal unit has suspended mining activities at the underground operations of its Khutala colliery after a fatality at the mine, says the company.
Paladin CEO says shareholders under estimate Fission deal
PALADIN Energy struck a bullish note for the firm's prospects on Wednesday saying its shareholders had not yet absorbed the benefits of a recent...
Wescoal consortium to extend stake in company to 85% in offer...
THE controlling shareholder in Wescoal Holdings, the eight million tons a year thermal coal miner, is to extend its stake to about 85% of the...
Eskom leadership crisis may damage security of coal supply
THE management crisis at Eskom, whilst deeply troubling if not entertaining, raises the question as to who's around to make the executive decisions, especially...