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DMR calls for controls over coal price increases

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Mosa Mabuza, DMR deputy director-general, said the government had prioritised the control of coal costs while a coal policy would be formuated this year.

Resgen acrimony as A$2.3m director fees quizzed

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Resource Generation is to study its legal options in respect of A$2.3m in termination benefits paid to two former executive directors including Paul Jury.

Boje returns to lead coal developer Minergy

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Andre Boje, formerly of Wescoal Holdings, has joined unlisted coal development firm Minergy which is developing a prospect in Botswana's Mmamabula coalfields.

RBCT lowers horizon on future coal exports

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Richards Bay Coal Terminal said it would be unlikely to export more than 85 million tonnes of coal in the foreseeable future.

Keaton to ride out storm in troubled coal sector

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Keaton Energy CEO, Mandi Glad, said the firm would survive the downturn in the coal sector, especially following its streamlining.

What will happen to the oil price?

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The world's oil market has become more volatile as Opec's long-standing grip over supply control weakens.

Brown’s brave new CoAL within grasp

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David Brown has done a remarkable job stabilising CoAL, but his latest plan to catapult the company into a new league could be threatened by IchorCoal.

Resgen to weigh benefits of IPP coal supply

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Rob Lowe, interim CEO of Resource Generation, said the supply of coal to a 245MW independent power producer figured highly in the firm's priorities.

Guptas snap up Optimum Coal for R2.15bn

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The Gupta family have bought Optimum Coal Mine out of business rescue through associate business Tegeta with Glencore advancing R400m to secure the deal.

Lurco-Burgh buy Exxaro’s Inyanda colliery

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Lurco-Burgh, a joint venture between unlisted businesses, intends to beneficiate 25 million tonnes of coal in five years through the Inyanda Beneficiation Complex.