Eskom ups profits on tariffs
Power utility Eskom has reported a net profit of R8.4bn for the year, helped again by higher electricity tariffs.
Lontoh faces squabble over control of Lubimbi
Lontohcoal, the first company headquartered in SA to attempt a listing on the Hong Kong Stock Exchange, is facing a challenge for control over its key Zimbabwe coal resources.
Transnet to favour junior coal exporters
Transet appears set to allocate greater railage volumes to junior empowerment coal exporters at the expense of the established Richards Bay Coal Terminal members.
Keaton earnings grow on offtake coal sales
Keaton Energy has posted diluted headline earnings of 10.3 cents per share - up from the previous period's 5.6 cents - for the year ending on March 31.
Resource plan a ‘grim’ story for coal sector
Coal reserves in the Waterberg, Soutpansberg and Limpopo coal fields will remain largely undeveloped if the state implements the Integrated Resource Plan, says a mining expert.
RBCT again chops coal export target
The Richards Bay Coal Terminal has reduced its 2011 export target for the second time this year, citing railage problems.
Rio confirms plan to sell Riversdale’s ZAC
Rio Tinto will sell Riversdale’s Zululand Anthracite Colliery once it has completed its takeover of the junior coal firm.
Rio Tinto to hold 100% of Riversdale
Rio Tinto is to move to compulsory acquisition of Riversdale Mining after Tata Steel accepted all of its shareholding into Rio Tinto's takeover offer for Riversdale.
Transnet mulls new Richards Bay line
Freight logistics group Transnet may build a new rail line to the port at Richards Bay via Swaziland to free up capacity on its main coal export line, reports Business Day.
Shanduka to boost Sentula profits
Teaming up with Shanduka will lift Sentula's profits, because the group will be running its own mines in addition to operating as a mining contractor.