WCC extends proposed Eskom deal to 40 years
Waterberg Coal Company said Eskom had lowered its demands on coal yields in order for a sales agreement to last 40 years. However, the deal is still not signed.
CoAL’s Brown eyes Hebei, IDC supply deal
CoAL CEO David Brown says firm could supply the proposed Hebei, IDC steel mill with high quality coking coal cheaper than anyone else from its Makhado project.
Miranda in R20m “broken promise” row
Former Miranda Minerals CEO, John Wallington, alleges Rudolph de Bruin broke a promise to invest R20m in the coal development business.
Transnet captures R24bn coal deal with BHP
State owned transport utility Transnet said 28 other agreements would follow by the end of November providing a massive fillip to its credit standing.
RAC lifts stake in Trans Hex as NM deal looms
RAC, a joint venture between RECM and Calibre Ltd, moved to protect its interests in the diamond producer ahead of the Namaqualand Mines transaction.
Law calls open season on fracking, mining appeals
Recent amendments to environmental legislation make it possible for anyone to automatically appeal - and suspend - a mining, gas or petroleum project.
Burned fingers at Eskom keeps WCC waiting
The empowerment partner in the Waterberg Coal Project said Eskom would not rush into a coal sales agreement with Waterberg Coal Company.
Exxaro sets down R16bn Waterberg coal plan
Exxaro Resources has laid down plans to boost production from South Africa's strategically important Waterberg region in the Limpopo province.
Transnet ‘confident’ of R5bn rail expansion
Transnet said it would approve next month a plan to expand the coal line from the
Waterberg coal line to 6 million tonnes a year.
AngloGold sets about ‘new’ old strategy
The group is having to claw back credibility after its failed capital raising and demerger proposal, and may yet return with another rights issue.