Sasol confident it can chase down and beat $2bn asset sales...
SASOL said it was confident if could get “close to fair value” for the US chemicals assets it has identified for sale despite acknowledging...
Sasol prepares $2bn rights issue as rolls out plan to ‘reset’...
SASOL set down plans to "reshape its balance sheet" targeting $6bn by the end of its 2021 financial year including a potential $2bn rights...
Sasol shareholders may not welcome rights issue as firm seeks to...
TAPPING shareholders for funds via a rights issue might be "a tough ask" for Sasol's shareholders, said Bloomberg News citing an analyst.
Commenting on the...
MC Mining expects to fully fund R518m Makhado coal project by...
MC Mining had "significantly advanced options" for raising the bulk of some $20m required for its $32m Makhado coking and thermal coal project, the...
Exxaro says there’s value yet in holding the rights to export...
EXXARO Resources insisted there was significant future value in holding coal export entitlement through Richards Bay Coal Terminal (RBCT), the 91 million tons a year...
Sasol confirms rights issue discussions as another day of brutal trade...
SASOL, the South African petrochemical group, acknowledged it was considering a rights issue in order to ease pressure on its balance sheet.
Commenting today following...
Exxaro relinquishes prospecting rights to Waterberg coal, adjusts diversification strategy
EXXARO Resources adjusted its diversification strategy from coal saying it would focus on energy security instead of water and food security and relinquished prospecting...
Former AEMFC boss found guilty of committing Govt firm to Optimum...
SIZWE Madondo, the former CEO of South Africa's state-owned African Exploration & Mining Finance Corporation (AEMFC) has been banned from occupying senior positions at...
SA miners back on power rations as Koeberg fault forces Eskom...
THE South African mining sector fell under familiar pressure today after power utility Eskom increased power rationing to about 4,000MW. This was following the...
Sasol share price in meltdown as Saudi Arabia embarks on oil...
SASOL'S problems intensified today after its share price sank to its lowest level in more than seven years following plummeting oil prices, down 30%...