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.
Range River in R270m Firestone Energy bid
Range River Gold has made a share-based offer for Firestone Energy which has urged shareholders to do nothing until a bidder's statement is lodged.
SA coal price spurt lowers RBCT stocks
South African coal export prices recovered as much as 17% in the last month which contributed towards higher offtake and a lowering in stocks at RBCT, data shows.
CoAL confirms split with Mapungubwe coalition
Coal of Africa confirms the Coalition, a grouping of environmentalists opposed to its mining at Vele Colliery in Limpopo province had withdrawn from an agreement.
Govt unveils ‘radical’ plan to reshape SA coal
More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.
Gigaba calls on coal miners to compromise
Minister of public enterprises, Malusi Gigaba, says he'll support declaring coal a national asset but thinks a national pact on coal price inflation is a better option.
Ncondezi Coal presses ahead with $627m mine
Ncondezi Coal said a study found a 18 milliion tonne/year thermal coal mine in Mozambique feasible as it anticipates the country's power boom.
Eskom’s Dames moots national coal pact
Speaking in parliament, Eskom CEO Brian Dames appealed to the country's coal producers to enter into a coal pact with coal prices not exceeding 10% annually in return for lower electricity increase.
Mozambique coal boom caught UN off guard
The emergence of Mozambique's Tete province as the epicentre of coking coal exploration had left the local economy short, said the UN which acknowledged it had been caught off guard.