Village to pump R76m into Continental Coal
Village Main Reef made good on promises it was pressing ahead with a diversification strategy agreeing to buy up to 19.9% in Continental Coal.
CoAL stumbles as ill fortune, prices hit hard
A catalogue of misfortune, a miserable coal export market and some fundamental issues hit Coal of Africa hard in the six months to December.
Anglo swoops on Botswana’s Mmamabula coal
Anglo Thermal Coal was awarded the tender to prospect two properties in Botswana said to contain nearly 700 million tonnes of coal once owned by CIC Energy.
Pressure on Eskom as mines down shovels
Workers at Matla and Arnot went on strike placing further pressure on Eskom which has a mere 2% reserve capacity.
ZAC BEE fallout played out in parliament
A fallout regarding the integrity of Rio Tinto's empowerment deal at Zululand Anthracite Colliery reaches parliament and may imperil offer by Forbes Coal.
Exxaro to face Eskom as Medupi woes mount
Problems completing Eskom's Medupi power station are beginning to weigh heavily on Exxaro Resources which now faces a force majeure declared by the utility.
CoAL buys crucial time in year of headwinds
The $100m capital injection from China's BHE is a crucial moment for Coal of Africa in a year of likely mediocre coal prices and rumblings from environmentalists.
Eskom tariff is ‘tipping point’ for mines: Cutifani
President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.
Govt to spell out coal growth prospects
A government task team will set down areas in which coal production can be grown, primarily aimed at plugging the coal supply shortage facing Eskom.
Unions, business in rare alliance against Eskom
It's not often a union like Numsa joins hands with the business community; but it is as it seeks to oppose common enemy Eskom.