SA coal entrant Seriti interested in buying Gupta mine, Optimum
SERITI Resources, the black-owned consortium that today concluded the R2.3bn purchase of thermal coal mines from Anglo American, said it would be interested in...
Eskom confirms R20bn funding on day S&P downgrades utility
ESKOM had sufficient liquidity to continue resolving its governance crisis, and to implement its funding plans for the current 2018 financial year following completion...
Eskom should re-assess procurement to secure coal: Kerr
THE proposed sale by South32 of its South African Energy Coal (SAEC) division means the loss of a second large balance sheet by South...
Eskom coal woes intensify as NUM calls Koornfontein strike
THE coal supply concerns of South African state-owned power utility, Eskom, intensified today after the National Union of Mineworkers (NUM) said its members would embark on...
Juniors asked to consider royalty, streaming project finance deals
JUNIOR coal mining firms were urged to get creative in securing project finance amid concerns at this year's South African Coal Export conference in...
Eskom will favour coal juniors with wheels for new supply
AGEING and inadequate transport infrastructure, coupled with a reticence by energy utility Eskom to dirty its hands with logistics, could offer opportunities for junior...
New Eskom board to assess overhaul of firm’s capital structure
ESKOM'S newly appointed board put the onus for the company's sustainability firmly in the lap of the South African government saying the organisation's capital...
Anglo to sell New Largo to Seriti-led consortium for R850m
ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa's Mpumalanga province, to Seriti Resources, a consortium, which will...
RBCT seeks new export record in 2018 as Asia mops up...
THE Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tons (Mt) of coal during 2017 beating the previous record of 75.38Mt exported...
Eskom chairman, Jabu Mabuza, in race against time
THE newly appointed board of South African state-owned power utility, Eskom, was in a race against time as it had to take steps to...