Rudderless and leaderless, Eskom is still waiting for a CEO
It's been more than five months since former Eskom CEO André de Ruyter’s unceremonious departure from Eskom following an explosive TV interview, and there...
Teck or nothing for Glencore’s coal business
GLENCORE had no interest in separately listing its coal business should a plan to combine it with Teck's steelmaking coal business (EVR) fail.
In June,...
Goviex eases uranium offtake fears as Niger coup puts debt plans...
TORONTO-listed uranium development company Goviex sought to ease fears about the future of its proposed $343m Madaouela project in West Africa's Niger which suffered...
Eskom cancels agreements totalling R11bn in crime crackdown
ESKOM cancelled coal supply agreements and construction contracts totalling R11bn as South African authorities sought to crack down on crime, said Bloomberg News citing...
Exxaro may hold excess cash as searches for coal export certainty
EXXARO Resources might elect to hold cash rather than pay a special dividend when it announces its interim results later this year despite failing...
Thungela CEO says coal deliveries to Richards Bay “stabilised”
THUNGELA Resources CEO July Ndlovu said the decline in coal deliveries to Richards Bay had been stopped as the rail network had been stabilised.
"There...
SA coal involved in ‘economic war’ following latest spate of truck...
MOST of the trucks attacked on South Africa's roads during the week were carrying coal to the nation's harbours, said Bloomberg News.
Citing police minister...
Salungano Group share continues volatile form, gaining 40% on JSE
SHARES in coal producer Salungano Group gained 40% by midday on the Johannesburg Stock Exchange continuing the company's unusual trading pattern lately.
Shares in the...
Cash a burning question for SA coal miners Thungela and Exxaro
IT'S sometimes said that the biggest challenge for executives is not how they cope in the hard times, but how well they allocate cash...
MC Mining to double coal mining at Makhado owing to rand/dollar...
A NEW coal mine planned for the Limpopo province is to increase production 60% over its life following adjustments to its plan published on...