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Resgen $539m deal delivers riposte to critics

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Resource Generation has delivered a riposte to shareholders who would oust its board lining up $539m in private Swiss money for the Boikarabelo coal project.

IchorCoal will weigh bidding war for Universal

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IchorCoal said its offer for Universal Coal was firm and justified but it may weigh its options in the event a rival offer for the Australians emerges as claimed.

SA’s Altius launches Resgen board ouster

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Pressure is heaped on Resource Generation CEO, Paul Jury, who agrees to a general meeting at which the chief topic will be his, and his board's, resignation.

SA nuclear plan outdated and unnecessary

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South Africa's plans for 10 Gigawatts of base-load nuclear power was based on a plan drawn up in 2010 when the economy was forecast to grow at higher levels.

Eskom coal contract shift no easy matter

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Plans by Eskom away from tied mines to more commercial means of buying coal cannot be done with the flick of a switch, according to Exxaro Resources.

Corporate dispute erupts at Resgen

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On top of his long-running funding problems it now seems Resource Generation CEO Paul Jury faces a battle for effective boardroom control.

Joemat-Pettersson doubts R1-trillion nuclear cost

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South Africa energy minister, Tina Joemat-Pettersson, had no idea how a R1-trillion price tag had been attached to the country's nuclear power ambitions.

Universal spurns takeover offer from IchorCoal

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ASX-listed coal junior Universal has advised shareholders to reject the takeover offer from IchorCoal saying it would benefit IchorCoal at Universal's expense

South 32 wants more certainty in SA before it invests

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South 32 CEO Graham Kerr wants to see "regulatory and commercial certainty" in South Africa before the group decides on further investments in coal.

IchorCoal bids for Universal Coal

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IchorCoal is keeping up the pressure on its ambitions to grow its South Africa production base with an A$56.6m bid for outright control of Universal Coal.