UK private equity fund to bid in latest round of SA’s...
ACTIS LLP, a UK-based private equity firm, was seeking energy projects in Africa including South Africa which has opened a new round of tendering...
Zimbabwe Govt permits Chinese companies to drill for coal in Hwange...
THE Zimbabwe government has awarded two coal mining concessions to Chinese companies inside the Hwange National Park which is the country’s flagship wildlife conservation...
SA’s Competition Commission approves Seriti purchase of South32 coal assets
THE acquisition of South32's South African Energy Coal (SAEC) to Seriti Resources has been recommended by South Africa's Competition Commission, said BusinessLive.
"In spite of...
MC Mining raises R10m following share subscription with private investor
MC Mining has raised R10m following a subscription for shares by privately-held Columbia Skies Holdings (CSH), the company said today.
The share subscription will tide...
Eskom power rationing may escalate as generators fail at multiple stations
SOUTH Africa’s power utility, Eskom, rationed electricity for a second day Wednesday and warned outages may worsen due to breakdowns at key generation units,...
Black Royalty Minerals wins approval for Koornfontein Coal Mine purchase
APPROVAL had been granted for the acquisition of Koornfontein Coal Mine (KCM) in South Africa's Mpumalanga province, said Black Royalty Minerals (BRM).
KCM was one...
Exxaro pushes coal exports to tide through Covid-19 but worries grow...
DESPITE all the gloom and doom on the Covid-19 and coal fronts, Exxaro Resources cracked it during first half of 2020 pushing up export...
The future of South Africa’s coal industry is not what it...
The future of the once-booming South African coal industry is no longer what it used to be or, to use another well-known old saw,...
Exxaro to post increase in interim EBITDA as coal operations prove...
EXXARO Resources said it would report an increase in interim earnings before interest, tax, depreciation and amortisation (EBITDA) ended June 30 between 12% and...
SA Govt. issues summons to former Eskom CEO, Zwane & Guptas...
FORMER South African mines minister, Mosebenzi Zwane, is one of a group of 12 against which Eskom and the Government's Special Investing Unit (SIU)...