Offtake MoU for coal supply to Matimba

Black-empowered Sekoko Coal has signed an offtake memorandum of understanding (MoU) with State-owned power utility Eskom to supply coal to the Matimba power station, in Limpopo. The South African-based energy and minerals company says that it...

Sekoko-Firestone JV in talks to supply Eskom station

Black-empowered Sekoko Coal has signed an offtake Memorandum of Understanding (MoU) with power utility Eskom to supply coal to the Matimba power station. The South African-based energy and minerals company said that it would supply the coal from...

Waterberg poised to make significant contribution, says Exxaro CEO

JSE-listed Exxaro CEO Sipho Nkosi believes that the coal-rich Waterberg region has a significant contribution to make to South Africa’s economic future. His company has South Africa’s and soon the world’s largest opencast coal opencast coal...

Waterberg is new jewel in SA's minerals crown – Exxaro

South Africa's Waterberg is the new jewel in South Africa's minerals crown, says Exxaro CEO Sipho Nkosi. Exxaro, which saw the first sod turned at its R9,5-billion Grootegeluk Medupi coal project in the Waterberg region, has an openpit operation...

Empowered firm offers industry’s first learnership

Black economic empowerment (BEE) mobile crane hire-service provider Target Cranes has established the first mobile crane operator training school in South Africa.

Exxaro’s R9bn Medupi coal expansion project at Grootegeluk

Exxaro’s Grootegeluk Medupi coal-mine expansion project, which will provide the coal to meet the fuel demand of Eskom’s new 4 800 MW dry-cooled Medupi power station under construction in Limpopo province, is in the detail design phase. South...

Flurry of analyst support for Exxaro’s downstream coal surge

Mining analysts normally balk at miners going downstream into areas beyond their core competency. In the main, they want miners to stick to mining and to keep things simple. But even Doubting Thomas mining analysts were turned into enthusiastic...

Exxaro takes coal business into high-margin downstream arena

The JSE-listed diversified mining company Exxaro on Thursday took its coal business downstream in a move that has the potential to match the current earnings of its flagship Grootegeluk coal mine in the next five years. In opening its...

Waterberg's coal champion looks north

South African empowered diversified miner Exxaro plans to conduct a bankable feasibility study in 2008 to advance the prospect of developing the Mmamabula Central coal resource in Botswana.

Exciting plans to open Waterberg treasure chest

South Africa's largest diversified resources company, Exxaro, has big plans to open up the Waterberg coalfield's treasure chest. The coalfield has an estimated resource of 75-billion tons of coal, which is 40% of South Africa's...

Exciting plans to open Waterberg treasure chest

South Africa's largest diversified resources company, Exxaro, has big plans to open up the Waterberg coalfield's treasure chest.

Richards Bay coal to trade near current levels, Kumba says

Thermal coal shipped from South Africa's Richards Bay Coal Terminal, the world's second-biggest coal export port, will trade near current levels of about $52 a metric ton over the next four years, Kumba Resources Ltd. said.