Wescoal coal output wobbles in first half marked by corporate M&A...
WESCOAL Holdings spent R18m on new business transactions that did not materialise in the six months ended September.
Commenting in a trading update, in which...
RBCT acknowledges Guptas trying to sell coal rights to Vitol
RICHARDS Bay Coal Terminal (RBCT), today acknowledged for the first time there was a proposal to sell shares in the facility to Vitol, a...
Eskom gains Duvha infrastructure but it’s questionable whether it has coal...
SERITI Resources cleverly wove a narrative following the conclusion of a coal sales agreement (CSA) with Eskom in which it said the South African...
Wescoal turns to growth after inking 7.8Mt Eskom contract
WESCOAL Holdings had secured long-term security on cash flows that would enable it to invest in new projects following completion of a five-year coal...
SA miners slapped with electricity levy hike
Intensive energy users face an additional levy as the South African government studies loopholes - a tax that will stay in place until the carbon tax is instituted.
Grindrod makes Richards Bay coal breakthrough
Freight services and shipping group Grindrod has made a critical breakthrough for its fledgling RBT (Navitrade) coal export terminal at Richards Bay by negotiating...
RBCT unveils R1.34bn replacement plan
Richards Bay Coal Terminal is to spend R1.34bn over three years replacing its machinery at its phase one facilities notwithstanding the slide in coal prices.
Eskom to be granted R59bn in special appropriation bill to relieve...
SOUTH African power utility, Eskom, has been allocated an additional R59bn over the next two years in order it can service debt, said Reuters...
MC Mining keeps Q3 tons steady but revenue under pressure on...
MC Mining kept third quarter coal production from its Uitkomst mine relatively stable despite production disruptions over the past 12 months, but revenue was...
Anglo to sell New Largo to Seriti-led consortium for R850m
ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa's Mpumalanga province, to Seriti Resources, a consortium, which will...