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National Treasury not applying Eskom BEE coal supply diktat

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THE National Treasury's oversight of Eskom's coal procurement activities has had "a neutralising effect" on the process of signing coal sales agreements (CSAs), said...

CoAL to review scope of capital-heavy Makhado project

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FUNDING and marketing risks were behind a review of Coal of Africa's (CoAL's) Makhado, a metallurgical and thermal coal project in South Africa's Limpopo...

Severe storm lowers South32 SA coal exports 22% in FY17

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SOUTH32's South Africa coal production for its 2017 financial year, which closed June 30, fell 9% owing to adverse weather conditions and a delay...

Eskom to censure former CEO Koko as seeks clean slate

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ACTING Eskom CEO, Johnny Dladla, said disciplinary action would be taken against his predecessor, Matshela Koko, in an effort to restore the standing of...

Vitol bails out of deal to buy RBCT stake from Gupta’s...

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VITOL, the energy and commodities trading company, has walked away from a deal first proposed in 2016 to buy coal export entitlement through Richards...

Eskom coal supply uninterrupted despite Oakbay delisting

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OAKBAY Resources & Energy (Oakbay Resources) was continuing to supply coal to Eskom power stations in line with contracts, said the utility's spokesman, Khulu...

Transnet suspends coal line services after violent protests

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SOUTH African coal exports had been disrupted by violent protests in the country's KwaZulu-Natal province which had led to the suspension of services, said...

Coal juniors Scinta, Canyon keep flag flying for SA mining investment

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FOR all the scepticism and dark foreboding in South Africa's mining sector some brave souls continue to find a way to invest, especially in...

Wescoal already lining up the next target after Keaton Energy

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The acquisition of Keaton Energy gives Wescoal a larger financial and operating base from which to pursue further acquisitions and Wescoal was already reviewing possible...

Exxaro may sell Eskom-dedicated Matla coal mine in asset review

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Exxaro Resources is to sell its Arnot coal mine as well as North Block Complex (NBC), both situated in Mpumalanga province, in terms of...