Wescoal domestic coal plan yields dividend
Wescoal Holdings signalled its confidence in its domestic coal supply strategy paying a maiden dividend and saying it was seeking more acquisitions.
Rand lends limited cover to coal stocks
The rand hasn't provided much of an uplift to coal stocks but there are South African companies that are lifting themselves up by their own shoe-strings.
Brown may nail colours to R4bn CoAL plan
Coal of Africa this week published plans for a R4bn coking coal project, a development that entice a long-term commitment from interim CEO, David Brown.
Wescoal to double up coal trading arm
Wescoal Holdings said it is to buy a domestic coal trading business for R79m that would double its current activities.
Keaton pledges return to profit in 2014
Keaton Energy said it would bounce back in the current financial year after posting a loss of R132m in the 2013 financial year amid lower thermal coal throughput.
CoAL brings the curtain down on Mooiplaats
Coal of Africa said it could no longer support Mooiplaats after the thermal coal mine racked up losses of just over R400m over the last two financial years.
Exxaro pens R255m gas deal with Linc
Exxaro Resources said it would pay Australia's Linc Energy some R255m for use of its coal gasification technology which it intends to roll out in sub-Saharan Africa.
SA urged to treat ‘Coal 3’ with caution
Lower than expected economic growth has given South Africa breathing room as it deliberates over whether to build a third coal-fired power station.
Gigaba urges SA to mull coal-fired power
SA should consider building a third, coal-fired power station as progress in building nuclear capacity was slow, said public enteprises minister, Malusi Gigaba.
Keaton boosts 2013 thermal coal output
Keaton Energy said production at its flagship Vanggatfontein colliery improved 58%
in its 2013 financial year, a period characterised by strikes and power supply
problems.