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