BHP Billiton spending R11bn on SA energy coal projects

The coal arm of BHP Billiton, BHP Billiton Energy Coal South Africa (Becsa), is spending R11-billion on two large new local coal projects, one of them the biggest single energy coal initiative the global group has ever undertaken. Becsa is...

BHP Billiton spending R11bn on new South African energy coal projects

The coal arm of BHP Billiton, BHP Billiton Energy Coal South Africa (Becsa), is spending R11-billion on two large new local coal projects, one of them the biggest single energy coal initiative the global group has ever undertaken. Becsa is...

Sentula expects ‘substantial’ coal growth in next five years

Sentula Mining CEO Robin Berry says that the change in its current shareholder base will have a positive effect on the company by spreading its shareholders across a wider range of institutions, although these institutions have not yet been...

Jonah Capital, Coronation reduce Sentula shareholding

Coal mining and contracting firm Sentula Mining on Tuesday said that two significant shareholders had cut their holding in the company by more than one-half on Monday, after a book-building exercise. The company, which has coal assets in South...

Sentula completes R150m Koornfontein acquisition

JSE-listed coal-mining services company, Sentula, on Thursday announced the finalisation of its acquisition of a 49,998% stake in the Koornfontein coal mine in Mpumalanga, for R150-million, as all conditions precedent were met.

Scharrig acquires nearly half of Koornfontein coal mine in fourth joint venture

Mining services company Scharrig Mining (Scharrig) has acquired nearly half of the Koorfontein coal mine, in Mpumalanga, making this the fourth coal joint venture (JV) and asset the company has acquired.

Scharrig buys 50% of Koornfontein colliery

JSE-listed mining services firm Sharrig Mining (Schamin) has bought a 49,998% in the Koornfontein coal mine, in Mpumalanga, for R150-million from Investec Bank and Coronation Capital, it said on Thursday.

Coal giants keep home fires burning

Creamer Media's Research Channel Africa reports that the main participants in the South African coal industry produce more than 10-million tons of coal a year.

Podcast - July 4, 2007

In this podcast: Rio Tinto and BHP Billiton plan to sell a stake in Richards Bay Minerals to black investors; BHP Billiton finalises the sale of its Koornfontein coal mine; and CVRD clears the final milestone for its Mozambican coal project.

BHP Billiton concludes R430m Koornfontein sale

Diversified miner BHP Billiton has wrapped up the sale of its wholly-owned Koornfontein mine, an operation within its energy coal division, together with 1,5-million tons a year of Richards Bay Coal Terminal (RBCT) entitlement to a black...

BHP to sell Optimum mine to group led by former Ingwe COO Monkoe

BHP Billiton Energy Coal SA, formerly Ingwe Collieries, plans sell its Optimum mine to a black economic empowerment consortium led by former COO Eliphus Monkoe, who quit the company in November after 19 months. BHP Billiton Energy Coal SA said in...

BHP Billiton to focus on SA energy-coal turnaround

The world's largest- diversified resources group, BHP Billiton, will place a greater focus on improving its South African energy-coal operations, which underperformed in recent years, CEO Chip Goodyear said on Wednesday.