South32 begins process to spin-off South African coal business
SOUTH32 has unveiled plans today to reduce its exposure to South Africa by announcing a proposal to separately manage its coal operations in the...
Exxaro forecasts stable export coal demand in upbeat take on 2018
EXXARO Resources gave a largely upbeat assessment of its fortunes for its 2018 financial year, saying that the export coal price would be supported...
South32 says now is right time to resolve Eskom contract dispute
SOUTH32 wants to resuscitate discussions with South African electricity utility, Eskom, concerning a disputed supply contract with its Hillside aluminium smelter in the country's KwaZulu-Natal province.
Responding...
NUM confirms new coal industry wage deal with Chamber
THE National Union of Mineworkers (NUM) confirmed it had signed a new, three-year agreement with the Chamber of Mines except at Kangra Coal were a...
Coal strike in balance as NUM weighs new Chamber offer
SOUTH Africa's Chamber of Mines and the National Union of Mineworkers (NUM) are scheduled to reconvene to discuss the latest coal industry wage offer...
Wescoal starting to reap benefits of Keaton deal, pays dividend
WESCOAL Holdings paid an interim dividend of 3.1 South African cents per share and said it was positioned for additional merger and acquisition activity...
SA coal strike averted, for now, while NUM studies new offer
A COAL strike affecting as much as half of South Africa's production may be averted after mining companies submitted new proposals scheduled to be...
ARM, Glencore assessing options on new coal-related BEE deal
THIS month the High Court heard arguments from the Chamber of Mines and the Department of Mineral Resources (DMR) ahead of a declaratory order...
Coal suppliers braced for working capital hit as Eskom falters
THE liquidity crisis at Eskom would have "a serious knock-on effect" on working capital inflows across South Africa's coal sector, although the major suppliers...
CoAL to rebrand, cut shares as fresh chapter opens with Uitkomst
COAL of Africa (CoAL) will place the cherry on the cake in November with a name change to MC Mining which it hopes will...