CoAL buys crucial time in year of headwinds
The $100m capital injection from China's BHE is a crucial moment for Coal of Africa in a year of likely mediocre coal prices and rumblings from environmentalists.
Eskom tariff is ‘tipping point’ for mines: Cutifani
President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.
Govt to spell out coal growth prospects
A government task team will set down areas in which coal production can be grown, primarily aimed at plugging the coal supply shortage facing Eskom.
Unions, business in rare alliance against Eskom
It's not often a union like Numsa joins hands with the business community; but it is as it seeks to oppose common enemy Eskom.
Eskom must be allowed to earn profit: Eberhard
Past electricity tariff increases given to Eskom were justified, said Anton Eberhard who added the utility was required to make a profit for its own capital requirements.
Eskom defends 16% tariff increase application
The Independent Democrats-Democratic Alliance has joined the chorus of critics who say Eskom's power tariff application is excessive.
SA ships most coal since 2006: RBCT
Richards Bay Coal Terminal exported the most coal in more than six years, according to RBCT data
BHE wins approval for $100m CoAL deal
Coal of Africa said regulatory approvals had been won for the strategic investment of China's Beijing Haohua Energy which will see it own about 24% of the company.
CoAL secures offtake with Vitol
Coal of Africa has agreed to supply Vitol and eased its financing burden in which it is not required to pay for its share of a port expansion at Maputo.
Zesco to build $249.3m power line
Zambia's state-owned power company is to build a $249.m power line supplying 330Kv in electricity to mines in the region including Barrick Gold's Lumwana.