Eskom to target procurement in cost drive preferring to avoid ‘forced...
ESKOM would renegotiate supply contracts in order to reduce costs rather than cutting jobs through forced retrenchments, said Fin24, citing the power utility's CEO,...
SA resolves to develop market-friendly approach to dealing with energy crisis
SOUTH Africa has endorsed a more investor-friendly approach to tackling the country's energy crisis, said BusinessLive citing an ANC document it has seen that...
UK’s Johnson says “not another penny” to be spent on offshore...
THE UK would not invest again in offshore coal mines or coal powered power plants, said Boris Johnson, the country's prime minister.
"Not another penny...
South32 lowers SA thermal coal output as rains, poor domestic demand...
SOUTH32 lowered production guidance from its South African coal mines to the bottom end of guidance of some 26 million tons (Mt) after previously...
Failure of Eskom to be “the death knell” of SA mining...
EXXARO Resources CEO, Mxolisi Mgojo, said that without a properly functioning power utility company - Eskom - South Africa's mining industry would cease to...
Investment zeitgeist shifts again as Blackrock’s Fink raises ante for fossil...
TUESDAY'S announcement by global asset managers BlackRock, which manages the $4.8 trillion World Mining Fund, that it will not in future invest in debt...
SA mining industry resilience to Eskom crisis will buckle if rolling...
A REPORT by RMB Morgan Stanley in the final weeks of 2019 suggested that, contrary to popular thought, Eskom’s rolling blackouts since about 2008...
Optimum creditors to vote on rescue offers by month-end, including SA...
CREDITORS of Optimum Coal Mine, currently in business rescue, will meet at the end of this month to vote on three shortlisted bids tabled...
Load-shedding will stymie new mining investments if Eskom allows it to...
THE latest round of load-shedding imposed by Eskom, the government-owned power utility, would stymie new investment in the country's mining sector just as demand...
SA’s Ramaphosa signals Govt may turn to private sector to alleviate...
PRESIDENT Cyril Ramaphosa has signalled the government may finally bow to pressure from the private sector to generate its own electricity and sell it...