New Eskom board to assess overhaul of firm’s capital structure
ESKOM'S newly appointed board put the onus for the company's sustainability firmly in the lap of the South African government saying the organisation's capital...
Anglo to sell New Largo to Seriti-led consortium for R850m
ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa's Mpumalanga province, to Seriti Resources, a consortium, which will...
RBCT seeks new export record in 2018 as Asia mops up...
THE Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tons (Mt) of coal during 2017 beating the previous record of 75.38Mt exported...
Eskom chairman, Jabu Mabuza, in race against time
THE newly appointed board of South African state-owned power utility, Eskom, was in a race against time as it had to take steps to...
Eskom in battle to refinance maturing debt – report
ESKOM was struggling to refinance maturing debt which has raised questions over its ability to continue as a going concern, said BusinessLive in a...
Kibo takes another step as advances Tanzania’s Mbeya project
THE Tanzanian government would sign a memorandum of understanding (MoU) with Kibo Mining by January 31 which would pave the way for a power...
Gupta firm Tegeta extracts price lift for low quality Eskom coal
IN a sign that the Gupta Family's grip over the coal-buying affairs of Eskom are undiminished, the South African power utility company has agreed...
PPA critical in giving momentum to Lemur’s Madagascar mine
A POWER purchase agreement with the Madagascar government indicated there was political will to help develop the Imaloto coal to power project, said Anthony...
Parlous state of Eskom books held back to 2018
THE extent of Eskom's parlous financial position will only be known next year after the state-owned power utility postponed its eagerly await interim results...
Atha-Africa not counting its chickens despite EA victory for Yzermyn
THE development path of the proposed 2.5 million tonne/year Yzermyn coal mine, controversially located in Mpumalanga's protected Mabola area, was not yet made clear...