South32 says it “can’t be accused of walking away” as waits...
SOUTH32 had lost R10bn in cash in the last four years owing to an underwater coal sales agreement (CSA) with Eskom’s Duvha power station...
South Africa’s Minerals and Energy Department could get control of Eskom
SOUTH Africa's state-owned power utility, Eskom, could fall under the authority of the Department of Mineral Resources & Energy (DMRE) as part of a...
Viability of South32 deal with Seriti Resources turns on Eskom agreeing...
THE viability of a transaction in which Perth-headquartered diversified miner, South32, is to divest of its unit, South African Energy Coal (SAEC), to Seriti...
Anglo says resource conservatism creates incorrect impression about Thungela’s longevity
ANGLO American conservatism with regard to mineral resources had created the incorrect impression Thungela Resources had a limited life of mine, the group said.
Thungela...
Exxaro sells ECC mines to Overlooked Colliery as pushes on with...
EXXARO Resources is to sell its ECC (Exxaro Coal Central) coal division, but it will retain the export allocation to Richards Bay Coal Terminal...
What are investors getting in Anglo’s demerged coal play, Thungela Resources?
ON June 7, investors will have a new proposition before them: Thungela Resources, the name given to Anglo American’s soon-to-be demerged thermal coal assets,...
Anglo American unveils SA thermal coal demerger Thungela Resources ahead of...
ANGLO American today unveiled details of a plan to demerge its South African thermal coal export assets - to be named Thungela Resources -...
South32’s $250m package to help SAEC absorb up to nine months...
LOWER than anticipated cash flow was one of the reasons South32 decided to pump $250m in cash and debt into its 92%-owned South African Energy...
South32 overhauls thermal coal sale to Seriti with $250m cash and...
SOUTH32 has overhauled the terms of the sale of its South African Energy Coal (SAEC) business providing buyer, Seriti Resources, with a minimum of...
South32 pushes out SAEC deal completion to Q2 after proposed Duvha...
SOUTH32's efforts to sell its 91.8% stake in South African Energy Coal (SAEC) have been delayed with the transaction "... now expected to complete following the...