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.

Firestone JV agrees 30 yr supply MoU with Eskom

ASX- and JSE-listed Firestone Energy on Monday said it had signed a memorandum of understanding (MoU) with State-owned power utility Eskom for a 30-year, ten-million-ton-a-year thermal coal supply agreement. Firestone and its black-empowered...

Waterberg coal project, South Africa

Sekoko Resources has announced the appointment of a new CEO and CFO.

Sekoko may bring in strategic investors in Waterberg project

Black economic empowered Seskoko Resources on Thursday announced the appointment of a new CEO and CFO and said there was great interest its Waterberg joint venture (JV) coal project from a number of multinationals. Executive chairperson Timothy...

Metmar appoints new CFO, nonexec director

JSE-listed Metmar has appointed Sizwe Nkosi as its new CFO with effect from October 1, succeeding Molleen de Wet. Nkosi is joining the company from Sekoko Coal/Firestone Energy, where he is responsible for downstream projects and commodity...

Firestone awarded right for Waterberg coal mine

South Africa’s Department of Mineral Resources (DMR) has awarded a 30-year mining right to ASX- and JSE-listed Firestone Energy for its Waterberg coal project. The approval was conditional upon a A$1-million payment, within ten days, which...

Waterberg coal project

The Waterberg coal project comprises eight farms in the Waterberg coalfield totalling some 7,8 ha. The proposed project entails the construction of an opencast coal mine on the Smitspan farm. The definitive feasibility study (DFS) has shown that...

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...

Firestone and Sekoko JV sign agreement to develop Waterberg coal mine

Australia’s Firestone Energy and its joint-venture black-empowered partner Sekoko Coal on Monday signed an agreement to proceed with the development of a coal mine in the Waterberg. The companies said in a statement that the decision was based...

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...