Project Halo insists R3.05bn bid for Optimum Coal Mines is the...
PROJECT Halo, the company that submitted a R3.05bn offer to take Optimum Coal Mines out of business rescue, remained the preferred bidder for the...
Glencore suspends production at Mopani in Zambia after accident leaves two...
GLENCORE suspended production at its Mopani Copper Mines (MCM) in Zambia on March 19 after two workers were killed in an accident, said Reuters.
“All...
Eskom too big to fail but Govt. facing giant task as...
THE South African government is facing a mammoth task turning around Eskom where debt has increased to R500bn, according to Bloomberg News drawing on...
Eskom needs more support from South African coal miners – Bayoglu
CANYON Coal executive chairman, Vuslat Bayoglu made the case for improved relations between South Africa’s coal producers and Eskom, the debt-laden power utility.
Previously a...
South32 signs hardship clause with Eskom on coal contract, starts work...
SOUTH32 had begun early work on development of a 1.5 million ton (Mt) to two million ton a year export-dedicated thermal coal mine, the...
Mboweni ends era of ‘hand-outs’ to Eskom with interest-bearing loans replacing...
GOVERNMENT is planning to modify Eskom’s capital structure and ultimately end the utility’s reliance on government support, according to the Medium-Term Budget Policy Statement...
Eskom’s De Ruyter identifies private equity as kingpin in establishing independent...
PRIVATE equity could help finance the R18bn for new, independent power generation in South Africa, said Eskom CEO, Andre de Ruyter.
Speaking to Business Day...
Former AEMFC boss found guilty of committing Govt firm to Optimum...
SIZWE Madondo, the former CEO of South Africa's state-owned African Exploration & Mining Finance Corporation (AEMFC) has been banned from occupying senior positions at...
South32, Seriti kept waiting on critical deal whilst Eskom mulls ins...
SOUTH32 appears completely justified in giving the proposed sale of its South African thermal coal business a long-dated completion.
The Sydney- and Johannesburg-listed mining group...
Note to Eskom: Mind the death spiral
ESKOM is likely to need another bailout from South Africa’s government next year as the impact of the country’s COVID-19 lockdown on the...