Cash a burning question for SA coal miners Thungela and Exxaro
IT'S sometimes said that the biggest challenge for executives is not how they cope in the hard times, but how well they allocate cash...
MC Mining to double coal mining at Makhado owing to rand/dollar...
A NEW coal mine planned for the Limpopo province is to increase production 60% over its life following adjustments to its plan published on...
Coal exports to be higher in 2023 as industry collaboration gathers...
TRANSNET said its freight division was "well on track" to exceed coal exports for its 2022/23 financial year of 48.7 million tons (Mt) in...
Exxaro books another six months of logistical constraint with coal sales...
ANOTHER stuttering performance from state-owned entities Eskom and Transnet Freight Rail (TFR) in the first half of 2023 has capped the ability of Exxaro,...
SA energy minister Gwede Mantashe declines to sign $1bn green energy...
SOUTH African mines and energy minister Gwede Mantashe declined to join a top level meeting between President Cyril Ramaphosa and European leaders for the...
SA hydrogen ambitions given boost after signing deal on $1bn fund
SOUTH Africa's hydrogen energy plans received a boost on Tuesday after the country's government signed an agreement with the Netherlands and Denmark to raise...
Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance
THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...
SA’s coal exporters facing more disappointment as rail rates plummet a...
SOUTH Africa's coal producers are heading into more disappointment as the rate of exports has declined another fifth in the year-to-date.
Outgoing CEO of the...
Paladin Energy shares plummet after Namibia “makes case” for state ownership
SHARES in Paladin Energy fell 19.6% on the Australian Stock Exchange today after Namibia said it was considering taking free carry stakes in resources...
Never mind Eskom, Transnet is flailing and could hit SA mining...
TEMPERS are flaring big time in the country's mining sector. One coal executive described the further deterioration in performance of Transnet Freight Rail (TFR)...