Mantashe renews vigorous defence of SA’s beleaguered coal industry
SOUTH African mines minister, Gwede Mantashe, renewed his defence of the country's coal sector which he urged to respond to the pressures it faced,...
Project Halo insists R3.05bn bid for Optimum Coal Mines is the...
PROJECT Halo, the company that submitted a R3.05bn offer to take Optimum Coal Mines out of business rescue, remained the preferred bidder for the...
Eskom to invest R10bn to R12bn in cost plus coal mines...
SOUTH African power utility, Eskom, intended to invest R12bn in cost plus coal mines in order to secure the quality of the fuel for...
Kibo to prioritise coal agreements in Q1 for its 150MW Benga...
KIBO Energy said it would prioritise discussions with potential coal suppliers to its proposed 150 to 300MW Benga power station planned for Mozambique's Tete...
Creditors, unions influenced BRPs to reopen bidding for Optimum Coal Mines
THE business rescue practitioner for Optimum Coal Mines said he had decided to reopen bidding to take the mines out of business rescue after...
Wescoal slides 11% after shock resignation of CEO, Waheed Sulaiman
SHARES in Wescoal Holdings slid 11% by close of trade in Johannesburg on January 28 after it announced the resignation of Waheed Sulaiman, the...
MC Mining toils with Uitkomst, but share price acknowledges Makhado advances
THE transition to owner-operator mining at Uitkomst is proving harder to master than first anticipated by MC Mining, the Sydney- and Johannesburg-listed coal producer...
RBCT unfazed by potential role of international trading firms in Optimum...
THERE is uncertainty as to whether international trading groups will take equity in Optimum Coal Mines in terms of its purchase out of business...
Universal Coal on track for annualised output of 8.5Mt after starting...
UNIVERSAL Coal, the Australian-listed coal producer that operates in South Africa's Mpumalanga province, expected to achieve annualised coal production of 8.5 million tonnes (Mt/y)...
SA government puts spanner in works with offer to nationalise Optimum...
THE South African government put a spanner in the works today after it said its African Exploration & Mining Finance Corporation (AEMFC) was participating...