Waterberg joint venture coal project, South Africa

Firestone has reported that it has agreed to the terms for a A$30.7-million funding convertible facility provided by Ariona Company.

Waterberg joint venture coal project, South Africa

Firestone Energy has rejected a R300-million offer from the Tata Power Company to buy 30% of its Waterberg joint venture coal project.

Coal shortage not a problem in South Africa

South Africa does not have a shortage of coal but its ability to build power stations fast enough to service the growing demand for energy is an increasing problem, says minerals industry consultant Venmyn Rand.

Firestone says mine design developed for Waterberg project

Australia’s Firestone Energy and its joint-venture Sekoko Coal said on Thursday a new mine design report affirmed that 100-million tons of metallurgical coal could be accessed on three Waterberg farms. The report, that was submitted by mining...

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...

Water scheme to enable companies to realise their growth plans in Limpopo coal district

Given large-scale coal-to-liquid fuel activity by petrochemicals group Sasol, the development of more power stations by electricity utility Eskom and independent power producers (IPPs) and JSE-listed coal miner Exxaro aiming to produce an...

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...

Company Announcement: Ash Resources To Open New Fly Ash Plant At Matimba

Attached please find a press release on: As part of its medium to long-term growth strategy, South Africa’s leading fly ash supplier, Ash Resources, has invested in a new fly ash out-loading plant at Matimba Power Station which is close to...

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...

Water, rail plans in place in Waterberg

To use the reserves of the Waterberg coalfield optimally, economies of scale that are linked to a multi-product strategy are essential. Thereafter, there have to be solutions to the region’s water and rail constraints in order to facilitate...

Exxaro in R30bn-plus coal-based development plan in Waterberg

JSE-listed top-forty company Exxaro is involved with coal-based development plans worth at least R30-billion, the company told journalists on Wednesday. “You are standing on the future of coal-mining in South Africa,” Exxaro CEO Sipho Nkosi...