Emerging coal miners bypassing RBCT empowerment scheme
OPENING up export markets to emerging, black-owned thermal coal miners has been close to the heart of the South African government for many years,...
PPA critical in giving momentum to Lemur’s Madagascar mine
A POWER purchase agreement with the Madagascar government indicated there was political will to help develop the Imaloto coal to power project, said Anthony...
Forbes in R45m legal fight with Rio Tinto
Forbes Coal capped a miserable period over the last six months disclosing it had defaulted on a loan and was involved in a legal dispute with Rio Tinto.
Industry seeks talks over Eskom tariff proposals
Large energy consumers will, in the coming months, be holding talks with
Eskom to negotiate smaller tariff hikes than the proposed 14.6% annual
increases over the next five years.
Uranium One profit soars
Uranium One has posted a more than five-fold increase in profit, as the company boosted production by 33% and was paid more per pound of uranium sold.
Optimum Coal in major refinancing
Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.
Covid-19 interruptions, poor coal pricing forces Wescoal into group-wide retrenchments
WESCOALÂ said today it would embark on a retrenchment programme involving staff throughout the organisation following lower off-take from Eskom amid Covid-19 lockdowns earlier this...
Exxaro forecasts stable export coal demand in upbeat take on 2018
EXXARO Resources gave a largely upbeat assessment of its fortunes for its 2018 financial year, saying that the export coal price would be supported...
Anglo says Revuboe too small for own rail, port
Anglo American says it will look to share existing infrastructure for its 10 million tonne/year Minas de Revuboe project in Mozambique once it has consummated the $555m transaction.
Mozambique families protest against Brazil’s Vale
Families resettled by Brazilian mining giant Vale in the Tete region of Mozambique have protested that the company had failed to keep promises it made to them in 2009.