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Eskom, Anglo to seal deal on New Largo

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Eskom said it expected to clinch a 16mtpa coal supply deal for its R118.5bn Kusile power station with Anglo American's proposed New Largo colliery.

Deloitte detects Govt, industry rapprochement

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The South African government and the mining industry would discover a meeting of minds, said auditor and consulting firm Deloitte.

DEA, Eskom say Kriel crisis preventable

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Eskom and South Africa's environmental affairs department say shutting Kriel power station, which would remove up to 3,000MW of generating capacity, can be averted.

M&A activity to rebound in 2014: CIBC

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Transaction activity could improve in 2014 owing to price stability, base metal demand in China, and pockets of capital seeking bargains, said CIBC World Markets.

Northam tipped to attract claw-back buyers

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Despite its strike troubles Northam Platinum is expected to attract buyers to its R600m claw-back offer although the stake eventually held by Coronation will be interesting.

Universal Coal in line for Exxaro’s NCC

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Australia's Universal Coal is one of the companies vying for Exxaro Resources' New Clydesdale Colliery.

Northam losses top R360m, sets talks date

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Northam Platinum will meet with the National Union of Mineworkers on December 5 in new talks to be convened by the CCMA.

Firestone CEO ousted, WCC tightens grip

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David Knox, CEO of Firestone Energy, was not re-elected to the company's board as 45% shareholder Waterberg Coal Company tightened its grip.

Exxaro Mayoko deal “at mercy of politicians”

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Exxaro Resources must wait for the Republic of Congo's parliament before it can clinch an important mining convention for its Mayoko-Lekoumou iron ore prospect.

Cash-strapped Sable Pt rings in the changes

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Sable Platinum has enough cash until January although a recovery from SARS and a share issue could keep the company alive while it beds down Selebi Phikwe.