Coal supply situation not that serious claims Eskom
The coal supply situation at Eskom’s power stations is not as bad as is being made out in media reports and nothing like the...
MC Mining’s Makhado project awaits resolution of land claim
MC Mining (formerly Coal of Africa) has all the required regulatory permits in place to begin mining at its Makhado coking coal project in...
The spectre of Eskom haunts the South African economy yet again
Best you check that the generator you have not used for the past few years will still start and fill up your petrol jerry...
Optimum to sell coal to Vitol despite failing Eskom contracts
OPTIMUM Coal Mine (Optimum) is reported to have agreed an export agreement for at least 200,000 tonnes of thermal coal with Vitol, the trading...
Exxaro’s good intentions subverted by its ham-fisted approach
MINORITY shareholders in Exxaro Resources claimed a minor victory last year when they were able to compel the company’s management to alter the structure...
MC Mining’s Brown weighs Vele, once SA’s most controversial mine
DAVID Brown, CEO of MC Mining (MCM), previously known as Coal of Africa, claims to be in a much happier place these days. "There’s...
Pressure mounts on BRP as Optimum Coal crisis deepens
PRESSURE is mounting on the business rescue practitioners (BRP) of Optimum Coal Mines after employees at the operation - and other mines formerly owned...
MC Mining takes $87.5m Vele hit, but collects first Uitkomst revenue
MC Mining, formerly known as Coal of Africa, collected its first full revenues from the recently acquired Uitkomst colliery but a sea-change in the...
Glencore weighing legal options as suitors vie for Optimum
GLENCORE may add its name to the companies hoping to take the former Gupta family thermal coal business, Optimum Coal Mine, out of business...
Capital pressure will most likely send Seriti to a JSE listing
MIKE Teke, the former Chamber of Mines president, was elusive earlier this month when asked if the firm he now heads, the Seriti Consortium,...