Coal price may force Eskom to review coal buying strategy
PRESSURE is growing on Eskom to change is coal procurement strategy in which it plays more directly in the spot market buying smaller volumes...
Exxaro unconvinced Eskom’s 51% BEE target is “policy”
EXXARO Resources was unconvinced Eskom's demand for 51% black ownership in order to comply with its black economic empowerment (BEE) rules was policy.
"Up until...
Keaton considering exports after banks express Eskom concern
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...
Keaton Energy in takeover talks after expressions of interest
KEATON Energy said it had received "expressions of interest from various parties" regarding the takeover of the company - an announcement that added 7%...
Exxaro upbeat on 2017 as coal export price leaps 41% in...
EXXARO Resources delivered an upbeat message regarding its 2017 prospects on the back of a higher coal, mineral sands and iron ore prices, but...
Ambitious 81mt/year export coal target iced by Transnet
TRANSNET’S plans to boost export coal deliveries to 81 million tonnes a year (mtpa) has been quietly shelved.
CEO, Siyabonga Gama, told Miningmx on the...
Tegeta can’t unilaterally end coal supply contracts, says Eskom
IT was unlikely that Tegeta Exploration and Resources (Tegeta) would be able to cancel domestic coal supply contracts with Eskom, said the South African...
Molefe to quit Eskom, vows to clear his name
BRIAN Molefe is to quit Eskom in January in "the interests of good governance" following a report into state capture by the Public Protector...
Endeavour poised to approve $307m Ity project in 2017
ENDEAVOUR Mining hoped to make an investment decision in early 2017 on the development of a $307m carbon-in-leach (CIL) mine at its Ity project...
Transnet discerns green shoots in SA coal market
TRANSNET would rail just over one million tonnes (mt) more export coal in its 2017 financial year compared to its 2016 when it railed...