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Sasol forced to cut synfuel production because of major coal supply...

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Sasol has been forced to cut back forecast synfuel production volumes from its Secunda plant for the year to end-June 2022 by around 8%...

Firestone CEO ousted, WCC tightens grip

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David Knox, CEO of Firestone Energy, was not re-elected to the company's board as 45% shareholder Waterberg Coal Company tightened its grip.

SA Govt to keep Eskom liquid through R230bn fiscal support programme...

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THE South African government would lodge a special appropriation bill that would restructure "a significant portion" of a 10-year, R230bn fiscal support programme set...

Firestone turns down R1bn Tata Power bid

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Firestone Energy says its Waterberg project is worth at least R600m more than Tata Power’s valuation.

Sibanye-Stillwater targets uranium deal in six months

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SIBANYE-Stillwater hoped to conclude a deal on its South African uranium resources within three to six months, its CEO Neal Froneman has said. Froneman said...

MC Mining says appointment of full time CEO in the works

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MC MINING has named board member Sam Randazzo as its acting CEO with effect from February 15, said BusinessLive. Randazzo replaces Brenda Berlin, the group’s...

CoAL abandons bid for Universal amid Eskom contract delay

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COAL of Africa's (CoAL's) R1.38bn (A$126.4m) bid for Australian-listed Universal Coal has been called off because a sales contract with Eskom had not been...

South32 overhauls thermal coal sale to Seriti with $250m cash and...

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SOUTH32 has overhauled the terms of the sale of its South African Energy Coal (SAEC) business providing buyer, Seriti Resources, with a minimum of...

Tendele ordered to halt mining at Somkhele ahead of June 9...

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TENDELE Coal has been ordered to halt mining at the Somkhele coal mine in KwaZulu-Natal province pending the outcome of renewed court hearings due...

Eskom, Anglo to ink Kusile coal supply deal

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The supply agreement paves the way for the building of the New Largo coal mine by Anglo American, which could cost between R16bn to R20bn.