Wescoal confirms financial turnaround
Wescoal serves notice that last year's poor financial performance is a thing of the
past.
AEMFC’s next project close to launch
State-owned miner AEMFC is now in the post-feasibility phase of its second
project, the T-Project outside Bethal, which will produce 4.6 million tonnes of
coal per year.
Miller bids Keaton adieu
Keaton Energy MD Paul Miller has called its quits at Keaton Energy after a five-
year
stint, but promises to stay in junior mining.
Exxaro seeks fresh heat
It’s no surprise to see Exxaro Resources’ share price down 10% from highs
earlier this year, given that international coal prices have been heading
downwards.
Keaton to consolidate KZN anthracite
Keaton Energy, having established itself as a reliable producer of earnings, is
now turning its hand to scale which it hopes to achieve by consolidating
metallurgical coal prospects in KZN.
Continental Coal in another deal for Ferreira
Continental Coal, the thermal coal production and development company, says
it has done another deal to extend the life of its Ferreira coal mine.
Fears over coal’s food security threat
Coal mining in Mpumalanga is putting food security under threat as a large
portion of the province’s surface area may be turned into wasteland, say
environmentalists.
Eskom’s miner issues
For a person avowedly against entering mining, Eskom’s Brian Dames spends a
lot of time thinking, talking and making decisions regarding the impact of coal
mining on his business.
Firestone puts out deal vote to July
A shareholder vote on the recapitalisation of Firestone Energy's balance sheet, and a
deal that will see its joint venture partner, Sekoko Resources, sell a stake in the
listed business has been rescheduled to July owing to transaction complexities.
Transnet unveils concept for own coal terminal
Transnet has floated the remarkable idea that it may develop and manage its own
export-dedicated coal terminal in an effort to boost the fortunes of small-
scale, black-owned coal miners.