Sunday, August 19, 2018

Petmin will sell a fifth of its cash cow, Somkhele anthracite mine in KwaZulu-Natal to the local community and employees for R350m.

Coal miner and trader Wescoal has finalized a series of coal supply contracts which will diversify its revenue streams and boost exports to one...

THERE is a bit of impatience about regarding the pace at which South African president, Cyril Ramaphosa, is working to restore the country's economic...

The department of mineral resources has granted entitlement to two new coal exporters under the Quattro system, with a further two slots still up for grabs.

Coal of Africa this week published plans for a R4bn coking coal project, a development that entice a long-term commitment from interim CEO, David Brown.

KEATON Energy is considering exporting coal from Moabsvelden because it might not attract finance for the R300m project if it dealt with Eskom. Keaton already...

Forbes Coal says it will buy up to 5% of its own shares, a move prompted by the group's prevailing low market valuation.

Hitachi Power Africa said its portion of work on Medupi's first unit was 97% complete and it was likely to complete the boiler by December as first scheduled.

Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.

India and China demand for coal would help keep prices above $100/t which Anglo Coal Thermal CEO, Norman Mbazima, said was "not great" but still profitable for the company.