Eskom says more stations vulnerable to wet coal
Eskom CEO, Brian Dames, identified a number of power stations were wet coal could cause the utility major headaches as it staved off more loadh-shedding.
Govt. working “around the clock” on Coal 3
Public Enterprises minister, Malusi Gigaba, said SA's government had prioritised funding for 'Coal 3' as Eskom's ageing fleet faced closure from 2020.
BHP maintains poker face on coal sales
BHP Billiton said its South African coal business had challenges but presented opportunities - comments designed to deflect speculation of their imminent sale.
Macquarie part finances new SA coal fund
The fund will focus on finding coal companies empowerment partners as South Africa strives to bridge a two billion tonne coal supply shortfall from 2018.
Rio Tinto writes down Mozambique coal $470m
Rio Tinto took total write-downs of its Mozambique coal assets over two years to $3.4bn, only $500m less than it paid for the assets in 2011.
Shale gas debate set to raise temperatures
Exploration for shale gas in the Karoo is likely to raise the temperatures of conservationists this year after the ANC wrote it into its manifesto.
Glencore sticks while peers twist on coal
Glencore Xstrata is investing in African thermal coal assets whilst its peer group - BHP Billiton and Rio Tinto - seek an exit from the continent.
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.
Forbes Coal’s Theron booted in $19m ouster
CEO, Stephan Theron, is to step down from the company as shareholder Resource Capital Fund re-capitalises the company in an effective takeover.
Glimmer of hope for cash-strapped ContiCoal
Continental Coal said it had made progress in discussions with bondholders over the recapitalisation of the business.