Most of world’s development banks against funding coal-fired power plants
MOST of the world's development banks had committed to ending finance for coal-fired power plants, said Reuters citing research produced by Boston University's Global...
TFR says thermal coal exports were unaffected by fire at Richards...
TRANSNET Freight Rail (TFR) said thermal coal exports were unaffected by a fire at its multi-purpose terminal in Richards Bay which resulted in its...
Thungela cuts annual coal target as Transnet’s rail performance slumps again
THUNGELA Resources said today thermal coal production for the year ended December 30 could be as much as 1.2 million tons (Mt) lower than...
SA economic risk means banks reticent to entirely cut funding to...
SOUTH African banks say they cannot entirely cut lending facilities to the country's coal industry as this would put too much strain on government...
Coal boss says world should allow SA to conduct energy transition...
SOUTH Africa ought to be given the same energy transition Europe allowed itself, said Mxolisi Mgojo, outgoing CEO of Exxaro Resources.
Speaking at the Financial...
Anglo considering supplying SA with hydro power using water from flooded...
ANGLO American is considering pumping underground water from flooded mines to use in hydro electric power installations in South Africa.
This is one of several...
Laudable, lofty, but is Exxaro’s breakout growth plan risking ten years...
THE last time Exxaro Resources publicised a shift in strategy it provided so little detail that investors heavily sold the firm’s shares. That was...
Eskom boss says cost of SA electricity will come from taxes...
THE current reality that South Africa's energy users face is that they either have to support Eskom through paying higher tariffs for electricity, or...
SA coal miners to “make good money” for 10 years despite...
COAL was one of the few commodities that didn't record significant price gains in the 12 months ended June surveyed by auditing firm PwC's...
MC Mining agrees coal prepayment as yet another SA coal miner...
MC Mining raised R29.7m in a coal pre-payment from a customer in an effort to stay afloat after posting losses and a cash outflow...