Eskom’s Dames moots national coal pact
Speaking in parliament, Eskom CEO Brian Dames appealed to the country's coal producers to enter into a coal pact with coal prices not exceeding 10% annually in return for lower electricity increase.
Mabuza appointment at Eskom evidence Govt. remains “flat-footed” on way forward
"INVESTORS and business" disapproved of the interim appointment of Jabu Mabuza as CEO of Eskom, South Africa's power utility, said BusinessLive.
They viewed the appointment...
Universal Coal to buy Exxaro’s North Block Complex for R172m
EXXARO Resources is to sell its North Block Complex (NBC), a open cast mine in South Africa's Mpumalanga province, to Universal Coal which will...
Wescoal plans Q4 Elandspruit start-up
Integrated coal producer and trader, Wescoal Holdings, said it would buy plant for R45m in order to commission its Elandspruit colliery by the fourth quarter of this year.
Paladin Energy shares leap again after uranium firm confirms Langer Heinrich...
PALADIN Energy CEO, Ian Purdy, said the company was waiting "for the right uranium price" before pressing the button on production at its re-developed...
Eskom will have to pay more for coal as threat of...
SOUTH African power utility, Eskom, would be under increased pressure to pay more for coal in the coming years as it was running short...
CoAL signs MoU to sell $114m stake in Makhado
Coal of Africa has signed a memorandum of understanding to sell a 34% stake in its Makhado project for $114m to China's Qingdao Hengshun Zhongsheng Group.
Ipsa’s Earl calls it quits
Peter Earl, CEO of Ipsa, is stepping down from executive duties at the company after helping found the company six years ago.
Eskom’s Mabuza calls on SA’s coal producers to put national interest...
ESKOM chairman and acting CEO, Jabu Mabuza, on Thursday appealed to the utility’s suppliers, both coal miners and renewable energy producers, to put the...
Eskom promises to provide R1.8bn to Exxaro’s Matla
EXXARO Resources said Eskom would provide R1.8bn to expand the Matla mine after the mining firm reduced the cost of the proposed expansion by...