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Eskom’s Mabuza acknowledges power stability crucial if SA economy to recover

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IN the coming months, Eskom’s management will focus on avoiding loadshedding because it fully understands the impact this has on the economy, acting CEO...

Minergy to investigate Masama underground expansion as mine bears first coal

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MINERGY, a Botswana coal development company, was finalising a coal sales agreement with a buyer for 120,000 tons - roughly 10% of production from...

Eskom thinks plan to cancel debt through sale of Kusile, Medupi...

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SOUTH African power utility, Eskom, did not believe the sale of its coal-fired power stations was "the way to go", said Bloomberg News citing...

Shumba to build $1bn coal-to-liquids plant supplied by Mabesekwa prospect

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SHUMBA Energy, the Botswana-listed firm, has signed an agreement with two Chinese companies that could lead to the develop of a $1bn coal-to-liquids plant...

Seriti to innovate on financing for coal mines as listing option...

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SERITI Resources would have to find innovative ways of financing itself as the field for those wanting to lend to fossil fuels had narrowed,...

Price catalysts removed from Exxaro, but firm’s shares considered “defensive”

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COST control and project management have been identified as critical for Exxaro Resources during the remainder of its financial year, which closes on December...

Eskom’s Mabuza targets unions as key to brief CEO tenure as...

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ESKOM'S acting CEO, Jabu Mabuza, put the improvement of relations between the power utility and its unions as a key target for his brief...

Exxaro CEO Mxolisi Mgojo urges SA Govt to fast-track Eskom reform...

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EXXARO Resources CEO, Mxolisi Mgojo, called on the private sector to apply similar pressure on government that characterised the groundswell of opposition to state...

South32 confirms plans to sell SAEC to Seriti, extends share buy-back...

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SOUTH32 confirmed market speculation it had entered into exclusive negotiations with Seriti Resources for the sale of its South African Energy Coal (SAEC) business...

Exxaro pays R6.3bn in dividends as investments stand tall amid export...

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EXXARO Resources passed through income from investments in the six months ended June paying a total of R6.32bn in dividends, including a R3.2bn special...