Wescoal’s star continues to rise
Wescoal Holdings established furthers its credentials as a coal stock on the rise posting solid interim results and saying it could grow by acquisition.
Thebe Corp to launch BEE coal fund
Thebe Corporation is to launch a coal fund aimed at realising Eskom's hope for more black-owned coal producers.
BHP springs to defence as coal row escalates
BHP Energy Coal of South Africa accused Transnet of "unfounded assertions" in a development that seemingly puts pay to public-private cooperation on export coal facilities.
Transnet’s Molefe delivers stinging RBCT attack
Transnet CEO, Brian Molefe, laid into shareholders of Richards Bay Coal Terminal whom he accused of selfishlessly pursuing their own interests with "a state asset".
PIC snaps up share of $530m Resgen mine
Resource Generation raised $52m of which a portion was taken by South Africa's Public Investment Corporation which said it "liked coal" and that the mine would support Eskom.
Forbes in R45m legal fight with Rio Tinto
Forbes Coal capped a miserable period over the last six months disclosing it had defaulted on a loan and was involved in a legal dispute with Rio Tinto.
Keaton lifted as interim coal output up 55%
Keaton Energy shares performed strongly on further evidence of improved output raising the prospect of a good interim showing in November.
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.