Eskom lifts wage offer to 5.25% but unions likely to reject...
ESKOM has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick.
The publication said today however...
Eskom to appoint new CEO “within the next month or so”...
ESKOM will appoint a new CEO to replace André de Ruyter who left in February within the next month, said BusinessLive citing Pravin Gordhan,...
Investing in modernising Eskom fleet a “thankless task” for investors, says...
INVESTING in the modernisation of South Africa's ageing coal fired power stations would be "a thankless task", said Andrew Canter, chief investment officer of...
Thungela cuts coal sales forecast, goes cautious on dividends amid “heightened”...
THUNGELA Resources reduced prodution guidance for 2023 thermal coal exports as it prepared for another wretched performance from South Africa's government-owned rail and ports...
Merafe to get electricity tariff relief but Transnet chrome volumes 50%...
MERAFE Resources is optimistic of getting relief from crippling electricity tariff increases after getting "solid traction" in discussions with Eskom, the state-owned power company.
This...
Tendele heading back to court over Somkhele after fresh environmental objection
TENDELE Mining is heading back to court after fresh legal objection to the reopening of the controversial Somkhele coal mine near Mtubatuba in KwaZulu-Natal...
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....