Coal juniors Scinta, Canyon keep flag flying for SA mining investment
FOR all the scepticism and dark foreboding in South Africa's mining sector some brave souls continue to find a way to invest, especially in...
MC Mining’s Vele colliery restart to create 245 permanent jobs
COAL production would restart this quarter at Vele, a Limpopo province colliery owned by MC Mining. The colliery has been in mothballs for about...
BHP springs to defence as coal row escalates
BHP Energy Coal of South Africa accused Transnet of "unfounded assertions" in a development that seemingly puts pay to public-private cooperation on export coal facilities.
Forbes in R45m legal fight with Rio Tinto
Forbes Coal capped a miserable period over the last six months disclosing it had defaulted on a loan and was involved in a legal dispute with Rio Tinto.
100,000 jobs at risk by 2030 if Government fails to lock...
JOBS were at risk in South Africa's coal sector owing to difficult trading conditions in export markets and unattractive regulatory prospects domestically, said Aubrey...
SA thermal coal projects worth R7.6bn left in the lurch as...
SOUTH African thermal and metallurgical coal projects totalling R7.6bn in potential investment are frozen after funds required for their development prove difficult to source.
MC...
South32 overhauls thermal coal sale to Seriti with $250m cash and...
SOUTH32 has overhauled the terms of the sale of its South African Energy Coal (SAEC) business providing buyer, Seriti Resources, with a minimum of...
Eskom’s miner issues
For a person avowedly against entering mining, Eskom’s Brian Dames spends a
lot of time thinking, talking and making decisions regarding the impact of coal
mining on his business.
PIC must ensure Eskom generates sustainable profits before converting debt to...
SOUTH Africa's state-owned asset manager, Public Investment Corporation (PIC), would have to ensure Eskom could produce sufficiently strong enough earnings before falling in with...
Keaton considering exports after banks express Eskom concern
KEATON Energy is considering exporting coal from Moabsvelden because it might not attract finance for the R300m project if it dealt with Eskom.
Keaton already...