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Wescoal commits to close BEE deal by December

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COAL mining junior Wescoal has announced it will post a 50% increase in earnings for the financial year to end-December above the 15.7c a...

Slippage in R6bn Makhado funding “not a catastrophe”

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Coal of Africa (Coal of Africa) CEO, David Brown, said a slippage in the development of its R6bn Makhado project owing to funding difficulties...

WCC’s Miller falls on sword amid fresh takeover attempt

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FAILURE to sign a takeover agreement with Sibanye Gold cost Waterberg Coal Company (WCC) CEO, Stephen Miller, dear after it was announced today that...

Molefe, Brown consign ‘coal supply cliff’ to history

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THE price of coal had dropped to such an extent last year that South African coal producers preferred to sell it locally than export...

Sibanye opens talks with Resgen as IPP ambitions loom large

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SIBANYE Gold has trained its sights on Resource Generation (Resgen), a Sydney- and Johannesburg-listed coal development company, as it seeks a partner to realise...

CoAL puzzled as Rio Tinto presses for Chapudi breach

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DAVID Brown, CEO of Coal of Africa (CoAL), said he "didn't understand the logic" of Rio Tinto's claim that his company was in breach...

Anglo neutral on bidders for SA coal mines

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Mark Cutifani, CEO of Anglo American, said his group would not pass judgement over whether a bidder for a coal assets was "favoured or not favoured".

CoAL edges to Universal deal but rancour lingers

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Coal of Africa is expected to progress its bid for Universal Coal but questions about the union - posed by a rival bidder - have been met with a spirited defence.

Quiet descends on SA coal export growth plans

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Plans by South Africa to expand coal export handling facilities are on the back-burner as the international market offers little to no incentive.

Anglo’s SA coal mines tough to get away

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Anglo American has long stated it wants to sell its Eskom dedicated coal mines, but the transactions may be complex and not major money spinners.