CoAL sells NiMag in management buyout
Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.
ContiCoal dismantles board in A$5m rescue
A UK merchant bank, Empire Equity, will provide bridging finance and assist with a A$28m rights offer but the coal firm's executive team will be dismantled.
Makhado coal project survives even if SA steel industry fails, says...
MC Mining said its proposed $32m Makhado coking and thermal coal project would not be negatively affected even if the stalwart of South Africa’s...
RBCT confirms Chirwa’s departure
The Richards Bay Coal Terminal has confirmed that its chief executive Raymond Chirwa had quit his job after only two years at the helm of the company.
Eskom: Medupi has not been delayed
Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.
The spectre of Eskom haunts the South African economy yet again
Best you check that the generator you have not used for the past few years will still start and fill up your petrol jerry...
Optimum Coal suffers profit slump
Optimum Coal Holdings has been hit by lower export prices for coal and the stronger rand.
CSN sells Riversdale stake
Brazilian steelmaker CSN has struck a deal to sell its 19.9% stake in Mozambican-focused coal miner Riversdale to Rio Tinto for $830m.
Spotlight on climate change, safety practices reshaping the world’s mining, energy...
INVESTORS and business forces have aligned on climate change and operational safety in such a way that the global energy and mining sectors are...
Ray of hope for Eskom as PIC proposes debt-to-equity swap
DEBT-stricken Eskom has received a ray of hope in the form of a debt-to-equity swap proposal.
Daniel Matjila, former CEO of the PIC, evoked...