Absa to take stake in Kibo’s 300MW coal to power project
SOUTH African bank Absa is to take an equity stake in an Tanzanian coal-to-power development project which is being built by Kibo Mining, a...
BHP Billiton Energy Coal in BEE deal
BHP Billiton Energy Coal SA has entered into an empowerment transaction with a black-owned consortium led by the Pembani Group.
Gwede Mantashe confusion throws spotlight on SA Govt’s tortured energy strategy
SOUTH Africa's Department of Mineral Resources & Energy (DMRE) rowed back on comments by minister Gwede Mantashe that it had restricted the threshold for...
Afrimat pressing ahead with due diligence ahead of R2.15bn swoop on...
A DUE diligence into Universal Coal ahead of a R2.15bn bid for the company by Johannesburg-listed Afrimat, an industrial minerals company, was continuing, Afrimat...
Coal miners say Eskom contract changes unworkable
SOUTH African coal mining executives said proposals by Eskom aimed at ensuring the quality of coal it consumes would make it more difficult to...
More delays for Resgen in the Waterberg
Resource Generation has hit more headwinds as its potential financial backers stall on putting up the $400m needed to build the Boikarabelo mine.
New energy plan finalised by April
The Integrated Resource Plan, which will determine the country's electricity mix over the next 20 years, will be passed into law by the start of April, says a goverment official.
Exxaro Hillendale mine grinds to halt
Amid demands for a 14% wage increase, Exxaro Resources has been forced to stop operations its Hillendale mineral sands facility. Contingency plans are in place, however.
Price catalysts removed from Exxaro, but firm’s shares considered “defensive”
COST control and project management have been identified as critical for Exxaro Resources during the remainder of its financial year, which closes on December...
Exxaro’s Thabametsi constrained by TFR
Exxaro's Thabametsi coal mine is being kept small - for the time being - because the firm is uncertain Transnet can provide it an outlet for more volume.