Eskom blames strikes, IRP for 45-day delay of strategy blueprint
ESKOM blamed industrial action, failure to make key appointments, and the timing of a government energy policy for the delay in finalising its much-awaited...
Seeing the light? How Eskom can pull itself back from the...
Deeply corrupt, inefficient and over-staffed, Eskom is the canker at the heart of the South African economy. And with the best intentions in the...
Mike Teke plans to take Seriti Resources public within 24 months
Mike Teke credits Norman Mbazima, deputy chairman of Anglo American South Africa, for keeping the Seriti Resources deal on track. This was the R2.3bn...
Glencore unperturbed by hostility to coal as price rises 21% in...
THE condemnation of companies with significant exposure to fossil fuels is steadily growing with banks, institutional investors, and even the companies engaged in coal...
Canyon Coal, Menar to spend R3bn expanding SA coal output
IT'S a great pity Vuslat Bayoglu’s Canyon Coal, or its shareholder Menar Holdings, a Luxemburg company in which the Bayoglu family wealth is invested,...
MC Mining’s Makhado project at centre of Limpopo land bust-up
The farms belonging to Akkerland Boerdery - the Limpopo game farm at the centre of the confrontation over “land expropriation without compensation” - are...
South32 gets ready to sell out of its SA coal operations
HAVING established its South African thermal coal mines as a separately operating organisation, South32 is now starting a process to bring in BEE shareholders...
Exxaro resets shareholder rewards easing capital allocation fears
CONCERNS about the strategic direction of Exxaro Resources aired at its annual financial figures presentation in February were driven by fears it would allocate...
Exxaro rings in good news with dividend lift, R1.8bn Matla deal
EXXARO Resources was "days away" from finalising an agreement with Eskom which would see the South African power utility fund R1.8bn for the renewal...
Resgen signs R4bn Boikarabelo contracts as funds hang in balance
RESOURCE Generation (Resgen) kicked on with the development of Boikarabelo, a large thermal coal deposit in the Limpopo province, by signing $310m (R4.1bn) in...