Bisichi impasse benefits Wescoal
Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.
Wescoal seals recovery after lossmaking
After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.
Keaton expects earnings boost
South African coal exploration and development company Keaton Energy Holdings said it expected to post significantly improved interim earnings
Coal of Africa hugs the Mapungubwe Coalition
Coal of Africa and the Save Mapungubwe Coalition opposing the Vele mine in Limpopo Province have declared a truce and are looking to reach an agreement over the mine's development.
Power situation remains critical, says Eskom
SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.
TFR rates threaten Matola expansion
The proposed $800m expansion of Mozambique's Matola Coal Terminal to 20 million tonnes/year would be threatened unless Transnet lowered freight rates.
Maputo terminal plan floated
The latest plan to provide terminal capacity to emergent coal exporters was floated at Coaltrans Mozambique. This one is for South African and Swazi companies.
Eskom mulls equity in foreign power
Eskom was sitting down to consider buying equity positions in foreign-owned power transmission in an effort to plug a potential power deficit in South Africa.
Vale says rail sharing negotiable
Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.
Mozambique won’t hike royalties, taxes
Mozambique mines minister, Esperanca Bias, pledged the country would not follow the example of Zambia and Ghana by hiking taxes or royalties in the coal-rich country.