Energy

Rio’s ZAC output unaffected despite sabotage, violence

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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

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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

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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

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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

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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”

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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

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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

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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

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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

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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".