Industry seeks talks over Eskom tariff proposals
Large energy consumers will, in the coming months, be holding talks with
Eskom to negotiate smaller tariff hikes than the proposed 14.6% annual
increases over the next five years.
Spotlight may fall on Glencore’s SA dominance
A merger of Glencore and Xstrata would build dominance in South Africa’s coal
market that should surely attract the attention of the competition authorities.
Shanduka finalises Glencore coal deal
Shanduka Group has finalised the increase of its shareholding in Shanduka Coal
to 50.01% from 30% previouly, the company says.
Govt to rebut UN Mapungubwe criticism
Coal of Africa's Vele mine is at the centre of more controversy as the UN
criticises South Africa's permitting regime at a World Heritage Committee
meeting.
Shares in ContiCoal recover after mystery slide
Shares in Australian-listed Continental Coal, which operates two mines in South
Africa and is developing two others, recovered after a mystery one-quarter
decline.
Wescoal storms back, optimism high
Wescoal said high domestic prices and new production from the Eskom-
dedicated Vlakvarkfontein boded well for another earnings improvement in the
current financial year.
Optimum Coal’s loss is Metmar’s Gain
The R92m Peter Gain walked away with following the R10bn sale of Optimum
Coal Holdings to Glencore International is being pumped into recapitalising
Metmar, the metals trading company.
Cool response to Exxaro option “frustrates’ CoAL
Coal of Africa CEO John Wallington is left disappointed as the market reacts
indifferently to news that the company and Exxaro Resources remain in talks
over Makhado.
Eskom, Anglo to ink Kusile coal supply deal
The supply agreement paves the way for the building of the New Largo coal
mine by Anglo American, which could cost between R16bn to R20bn.
Sentula endures harrowing year, better times ahead
Robyn Berry, CEO of Sentula Mining, hopes to close the book on the tribulations
suffered by the coal miner and contracting business in the current financial
year.