Rio’s ZAC output unaffected despite sabotage, violence
OPERATIONS were continuing at Zululand Anthracite Colliery (ZAC), a company in which Rio Tinto has 74% stake, following an outbreak of violence over the...
Tegeta coal prepayment “amounts to fraud”, says Public Protector
THE relationship between Eskom and the Gupta family's Tegeta Exploration & Resources (Tegeta) is a prominent feature of the Public Protector's report into state...
Eskom will favour coal juniors with wheels for new supply
AGEING and inadequate transport infrastructure, coupled with a reticence by energy utility Eskom to dirty its hands with logistics, could offer opportunities for junior...
Eskom raises question over Anglo coal deal with Seriti Resources
ESKOM is to seek a meeting with Anglo American regarding the R2.3bn sale to Seriti Resources of three coal mines that exclusively supply the...
Exxaro to cut jobs amid restructure
EXXARO Resources has confirmed union reports that it is planning job cuts.
Exxaro said these form part of a group restructure to improve productivity and...
Exxaro unconvinced Eskom’s 51% BEE target is “policy”
EXXARO Resources was unconvinced Eskom's demand for 51% black ownership in order to comply with its black economic empowerment (BEE) rules was policy.
"Up until...
CoAL buys Uitkomst Colliery from Pan African for R275m
COAL of Africa (CoAL) has made the first important step in securing cash flow whilst it develops the $250m Makhado coking coal project agreeing...
Exxaro’s renewable energy plan left twisting in the wind
MXOLISI Mgojo has overseen a successful first six months as CEO of Exxaro Resources, but the group’s strategic bet on making renewable energy a...
Gupta’s Oakbay hits out at “gravy train” in SA coal
OAKBAY Investments has hit back at a newspaper report that said it received a lucrative prepayment from Eskom for coal, saying the system through...
Anglo neutral on bidders for SA coal mines
Mark Cutifani, CEO of Anglo American, said his group would not pass judgement over whether a bidder for a coal assets was "favoured or not favoured".