Keaton pledges return to profit in 2014
Keaton Energy said it would bounce back in the current financial year after posting a loss of R132m in the 2013 financial year amid lower thermal coal throughput.
CoAL brings the curtain down on Mooiplaats
Coal of Africa said it could no longer support Mooiplaats after the thermal coal mine racked up losses of just over R400m over the last two financial years.
Exxaro pens R255m gas deal with Linc
Exxaro Resources said it would pay Australia's Linc Energy some R255m for use of its coal gasification technology which it intends to roll out in sub-Saharan Africa.
SA urged to treat ‘Coal 3’ with caution
Lower than expected economic growth has given South Africa breathing room as it deliberates over whether to build a third coal-fired power station.
Gigaba urges SA to mull coal-fired power
SA should consider building a third, coal-fired power station as progress in building nuclear capacity was slow, said public enteprises minister, Malusi Gigaba.
Keaton boosts 2013 thermal coal output
Keaton Energy said production at its flagship Vanggatfontein colliery improved 58%
in its 2013 financial year, a period characterised by strikes and power supply
problems.
CoAL to restart thermal coal exports in May
Coal of Africa said thermal coal exports would restart in May but there was
continued uncertainty regarding the future of its South African thermal coal assets.
Resgen resurgent Boikarabelo attracts capital
It's been a long haul but it looks like Resource Generation is well positioned to
attract more capital to its Boikarabelo thermal coal mine in the Limpopo province.
Coal prices set to rise
Mining production in coal is expected to stabilise over the next two quarters as companies seek to regain the losses incurred during the recent labour disputes, reports BDLive.
LontohCoal seeking R360m for RBCT stake
Unlisted coal development firm, criticized by ANC investors last year, is looking to raise R360m for export entitlement and to prepare for a $1bn Hong Kong listing.