Exxaro prunes payout as discerns TFR will have another year of...
LAST year’s booming export coal market boosted Exxaro Resources's revenues by 41% and profits by 78% compared with 2021, but the group has cut...
Minergy seeking financial bailout from Botswana Govt. after coal price slumps
A CORRECTION in the coal price has had serious consequences for Minergy which said last week that operations at its Masama mine in Botswana...
SA coal miners to post impressive 2022 earnings but signs are...
THE logistical nightmare that is Transnet Freight Rail couldn't keep listed Thungela Resources and Exxaro Resources down last year with both coal producers set to...
Thungela opts for growth over windfall dividends after opening shopfront in...
THERMAL coal miner Thungela Resources pushed the boat out this month, announcing plans to buy Ensham, a coal mine in Australia’s Queensland, for R4.1bn....
De Ruyter to leave Eskom “with immediate effect”
ANDRE de Ruyter is to step down as CEO of Eskom with immediate effect following a “special board meeting”, the state-owned power utility said...
Eskom coal-fired plants to be resuscitated and concessioned to private sector
A CONSORTIUM consisting of international energy experts will review which of Eskom's coal-fired power stations can be resuscitated ahead of their concessioning to the...
South32 in talks with Eskom to buy 900MW in nuclear power...
SOUTH32 is in discussions with Eskom regarding buying nuclear power for Hillside Aluminium which the Perth-headquartered group said could become uncompetitive if the talks...
Glencore hopeful SA export coal volumes could be restored to 60Mt...
SOUTH African coal export deliveries could be restored to 60 million tons (Mt) this year following an agreement between the mining industry and Transnet...
Comments on ‘project manager’ electricity minister not intended to diminish role...
SOUTH Africa's mines and energy minister Gwede Mantashe rowed back on earlier comments that the newly created minister of electricity was "a project manager",...
Thungela’s Australian expansion may open door to non-coal acquisitions
THERE might be more than meets the eye regarding Thungela Resources' R4.1bn tilt at Australian coal mine Ensham. A market source said the company...