IMF calls on Mozambique to settle policy
The International Monetary Fund has called on Mozambique to bring certainty to its coal and gas legislative framework in order to consolidate long-term prospects.
Good time to shop for SA coal
Nonkululeko Nyembezi-Heita, CEO of IchorCoal, believes now is the time to buy South African coal assets while prices for the fuel languish.
Glencore resolves to cut up to 700 at Optimum
Glencore said between 600 to 700 workers would be retrenched at Optimum Coal
Mines although Eskom's Hendrina power station would still be supplied.
Eskom hike failure a wrong turn, say economists
The popular vote applauded Nersa's decision to turn down Eskom's tariff hike application, but economists wonder if it wasn't a wrong turn.
‘Sordid circle’ delivers R56.5m blow to Keaton
Keaton Energy said collusion between employees at a mine in KwaZulu-Natal cost the firm R25m in coal sales and resulted in a R56.5m impairment.
Molefe keen on scrapping cost plus coal mines
One of the changes Eskom acting CEO, Brian Molefe, would implement is to scrap the cost plus coal mine in favour of putting coal supply to Eskom out to tender.
Molefe on course to make Eskom move permanent
Brian Molefe acknowledged the final decision regarding his full-time appointment at
Eskom lay with the president, and public enterprises minister, Lynne Brown.
Petmin unveils R350m Somkhele BEE deal
Petmin will sell a fifth of its cash cow, Somkhele anthracite mine in KwaZulu-Natal to the local community and employees for R350m.
IchorCoal in R128m swoop for ContiCoal
Relief for Absa and EDF Trading as Germany's IchorCoal swoops on the Penumbra and Vlakvarkfontein coal mines of Continental Coal.
Pan African to buy R200m Shanduka coal mine
The gold and platinum producer would spend R200m for a 400,000 tonnes/year export coal mine but did not anticipate diverging from its precious metals focus.