Mantashe delivers bombshell as asks investors to support independent power generation...
THE South African government will shortly begin discussions with investors about starting a power generation company outside Eskom, South African minerals and energy minister,...
Optimum to sell coal to Vitol despite failing Eskom contracts
OPTIMUM Coal Mine (Optimum) is reported to have agreed an export agreement for at least 200,000 tonnes of thermal coal with Vitol, the trading...
Uranium One jumps on sale go-ahead
Shares in Uranium One have ticked up 6% following the announcement that the group received approval from US authorities to proceed with the sale of a controlling stake in itself to a Russian miner.
Eskom to challenge 9.4% Nersa tariff award in High Court as...
ESKOM, the South African power utility, plans to challenge a tariff structure apportioned to it by the country's energy regulator in court, said Bloomberg...
Eskom slaps Glencore with R2bn penalty
Eskom acting CEO, Brian Molefe, said it would see Glencore in court for payment of R2bn relating to "shoddy performance" from Optimum mine.
Eskom defends Tegeta link saying it saved R10bn in coal costs
SOUTH African power utility, Eskom, defended its relationship with the Gupta family owned Tegeta Exploration & Resources (Tegeta) saying it was commercial and had...
Optimum creditors to vote on rescue offers by month-end, including SA...
CREDITORS of Optimum Coal Mine, currently in business rescue, will meet at the end of this month to vote on three shortlisted bids tabled...
SA’s DMRE awards mining right for strategic coal project to MC...
SOUTH Africa's Department of Mineral Resources & Energy (DMRE) had granted a mining right for MC Mining's 74% owned Generaal coking and thermal coal...
Exxaro sets down R16bn Waterberg coal plan
Exxaro Resources has laid down plans to boost production from South Africa's strategically important Waterberg region in the Limpopo province.
Wescoal doubles interim earnings
Wescoal has reported an interim diluted headline earnings increase of 141%.