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‘We want to be as big as Anglo,” says Seriti’s Teke

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MIKE Teke, chairman of Masimong Group Holdings, is not wanting for ambition. Masimong Group’s 25% stake in Seriti Resources, the company that earlier this month...

Zuma nephew declares Atha-Africa Yzermyn venture clean

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AS if wanting to mine coal in a protected area was not controversial enough, Indian firm Atha-Africa Ventures is also fighting a rearguard action...

Zuma reshuffle hits Exxaro which suffers S&P downgrade

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THE controversial cabinet reshuffle by President Jacob Zuma on March 31, which included the firing of finance minister, Pravin Gordhan, took its first direct...

Bid for New Largo would be a different kettle of fish...

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UK-listed firm Petra Diamonds built a business out of buying the assets De Beers no longer wanted to operate whilst for the Anglo company,...

Eskom raises question over Anglo coal deal with Seriti Resources

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ESKOM is to seek a meeting with Anglo American regarding the R2.3bn sale to Seriti Resources of three coal mines that exclusively supply the...

Anglo sells Eskom mines to Seriti Resources for R2.3bn

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ANGLO American has agreed to sell its Eskom-dedicated thermal coal mines to Seriti Resources Holdings, a company led by Mike Teke which said the...

CoAL buys Uitkomst Colliery from Pan African for R275m

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COAL of Africa (CoAL) has made the first important step in securing cash flow whilst it develops the $250m Makhado coking coal project agreeing...

Pan African, CoAL discussed joint bid for Keaton Energy

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COAL of Africa (CoAL) and Pan African Resources (Panaf) discussed a joint bid for Keaton Energy in which the two would create a takeover...

Koko cancels coal contract in interests of corrupt-free Eskom

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ESKOM interim CEO, Matshela Koko, described a decision to cancel a coal contract from Just Coal CC to its Tutuka power station as in...

Emerging coal miners bypassing RBCT empowerment scheme

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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,...