Energy

Coal miner Seriti sets ambitious three-year renewable target

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IMAGINE the absurdity of a business that begs its customers not to use its product. That’s Eskom. Where there is a need, there is...

Exxaro continues to build up cash ahead of decisions on diversification

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Exxaro revenues and profits took a beating in the six months to end-June as expected but the group remains in good shape overall thanks...

As Eskom seeks a way of scaling renewable power, Vietnam could...

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SOUTH Africa has had energy shortfalls for the past 16 years, but to date there have been totally inadequate measures to add new capacity...

Rudderless and leaderless, Eskom is still waiting for a CEO

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It's been more than five months since former Eskom CEO André de Ruyter’s unceremonious departure from Eskom following an explosive TV interview, and there...

Teck or nothing for Glencore’s coal business

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GLENCORE had no interest in separately listing its coal business should a plan to combine it with Teck's steelmaking coal business (EVR) fail. In June,...

Goviex eases uranium offtake fears as Niger coup puts debt plans...

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TORONTO-listed uranium development company Goviex sought to ease fears about the future of its proposed $343m Madaouela project in West Africa's Niger which suffered...

Eskom cancels agreements totalling R11bn in crime crackdown

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ESKOM cancelled coal supply agreements and construction contracts totalling R11bn as South African authorities sought to crack down on crime, said Bloomberg News citing...

Exxaro may hold excess cash as searches for coal export certainty

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EXXARO Resources might elect to hold cash rather than pay a special dividend when it announces its interim results later this year despite failing...

Thungela CEO says coal deliveries to Richards Bay “stabilised”

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THUNGELA Resources CEO July Ndlovu said the decline in coal deliveries to Richards Bay had been stopped as the rail network had been stabilised. "There...

SA coal involved in ‘economic war’ following latest spate of truck...

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MOST of the trucks attacked on South Africa's roads during the week were carrying coal to the nation's harbours, said Bloomberg News. Citing police minister...