ContiCoal confirms November JSE debut
The JSE is to get another thermal coal play in Continental Coal, a company currently in the throes of refinancing its balance sheet.
Transnet mulls third coal terminal operator
Grindrod and Richards Bay Coal Terminal may be disappointed after Transnet says it's interested in establishing a third 'independent' coal terminal operator.
Petmin delists from AIM, takes write-down
Petmin's anthracite mine, Somkhele, performed well in the second half, but it had disappointing news on its pig iron endeavours, while its UK listing would be ended.
CoAL secures R200m as sets about re-scope
Four of five assets were deemed non-core while seven directors have also left the company as it remodels itself as a project development company.
Keaton bids R182m in part-share deal for Xceed
Keaton Energy has made an all-share offer for Australia's Xceed Resources principally for the firm's Moabsvelden project which borders Vanggafontein.
Shale gas, coal tipped as ‘game changers’
South Africa's government was increasingly relying on shale gas and construction of a third coal-fired power station as it seeks a way of avoiding a future energy crisis.
Eskom eases finance pressure with $1bn bond
Eskom has eased the pressure on its balance sheet raising $1bn in a bond from investors in Europe and the US in a much-needed fillip for the electricity utility.
Exxaro’s Thabametsi constrained by TFR
Exxaro's Thabametsi coal mine is being kept small - for the time being - because the firm is uncertain Transnet can provide it an outlet for more volume.
Political undertone to coal terminal plans
One view as to why South Africa's Transnet needs to build another new coal export lies in the government's interest in controlling flows of the fuel.
Exxaro, GDF SUEZ to build 600MW plant
Exxaro Resources is to build a 600MW power station in joint venture with France’s GDF SUEZ and will supply the venture with 3.8mtpa of coal from Thabametsi.