Tegeta deal with Vitol would damage RBCT’s BEE endeavours
THE difficulty Richards Bay Coal Terminal (RBCT) finds itself in is that it may prove very costly to preserve its black economic empowerment (BEE)...
Eskom’s SA power play not entirely of its own making
ESKOM’S claims to have beaten the energy crisis in South Africa are, to a large extent, true, but only partly of its own making.
The...
Eskom also responsible for above-inflation coal hikes
A PROPOSAL by the National Energy Regulator of South Africa (Nersa) to benchmark the price of coal Eskom buys from mining companies will add...
Sekoko intends to resuscitate scaled down Waterberg project
SEKOKO Resources, an unlisted black-owned mining investment firm, is hopeful it can breathe new life into the Waterberg Coal Project, a thermal coal prospect...
Exxaro sheds Mafube pre-empt if Anglo packages coal mines
THERE is so much noise around the proposed sale of Anglo American’s South African thermal coal assets that it’s hard to know just how...
Exxaro may sell Eskom-dedicated Matla coal mine in asset review
Exxaro Resources is to sell its Arnot coal mine as well as North Block Complex (NBC), both situated in Mpumalanga province, in terms of...
Eskom “has a voice” in Anglo coal mine disposal plan
ESKOM, South Africa's power utility, would "have a voice" in the proposed sale of Anglo American's South African domestic coal mines, said Mark Cutifani,...
Molefe says Eskom wants to chase down mines
ESKOM plans to pursue the coal mines which benefited from state capital expenditure and the cost plus model, said Brian Molefe, CEO of the...
CoAL abandons bid for Universal amid Eskom contract delay
COAL of Africa's (CoAL's) R1.38bn (A$126.4m) bid for Australian-listed Universal Coal has been called off because a sales contract with Eskom had not been...
Eskom took Tegeta shares as security for R586m prepayment
ESKOM accepted shares in Tegeta Exploration & Resources (Tegeta) as security for R586m it prepaid the Gupta family company for coal from Optimum colliery.
Brian...