R/€ = 16.49 Change: -0.04
R/$ = 15.23 Change: -0.07
Au 1652.30 $/oz Change: -29.97
Pt 964.69 $/oz Change: -9.97


Transnet plans to boost the volume of coal transported by rail to Eskom 

By: Kim Cloete     6th February 2020 State-owned Transnet says it is planning to ramp up the amount of coal it transports by rail to power utility Eskom's power stations to 32.5-million tonnes over the next five years, starting with a small increase over the next year. Chief customer officer Mike Fanucchi on Wednesday said Transnet... 

South African, Botswana coal producers outline prospects for the industry

By: Kim Cloete     3rd February 2020 Coal producers and market players have outlined risks and opportunities for the year ahead as more short-term contracts have been signed with Eskom, junior miners try to carve out a viable way forward and some of the major coal players disinvest from coal assets. While business with Eskom has... 

Boost coal export efficiency as competition ramps up, says Seriti 

By: Kim Cloete     31st January 2020 South African coal producers will need to boost efficiency as competition intensifies in coal export markets, says Mike Teke, CEO of black-owned and controlled coal mining company, Seriti Resources. As many Western countries shift their focus towards renewable and alternative energies, countries... 

R7bn Limpopo coal mine a step closer as ResGen, Transnet ink ten-year logistics deal 

By: Terence Creamer     21st November 2019 State-owned freight logistics group Transnet signed a ten-year take-or-pay coal transport agreement with Resource Generation (ResGen) subsidiary Ledjadja Coal on Thursday, improving prospects for the development of a new R7-billion greenfield coalmine in the Limpopo province. Under the contract,... 

Jobs, foreign revenue generation and energy security need careful consideration in any ‘just transition’ discussions

By: Creamer Media Reporter      3rd October 2019 Careful consideration and deeper research required by those calling for coal’s demise – Menar chairperson Speaking during a panel discussion on the topic of the ‘Outlook for Coal Mining and South Africa’s coal sector’, at a conference in Sandton, chairperson of mining investment company Menar,... 

Transnet reports dramatic rise in irregular expenditure to R49bn  

By: Terence Creamer     30th September 2019 State-owned freight logistics utility Transnet received yet another qualified audit for its 2018/19 financial year and also announced a dramatic rise in irregular expenditure to R49-billion, after locomotive contracts valued at R41.5-billion where added to the figure, which stood at R8-billion at... 

Eskom in negotiations for dedicated coal mine for Kusile 

By: Simone Liedtke     5th September 2019 State-owned power utility Eskom is in negotiations with mining houses for the proposed development of a cost-plus coal mine, solely for supplying coal to the new Kusile power station, Eskom senior project manager Karabo Rakgolela said on Thursday. Speaking at the Mining Coal Symposium, in... 

Benefits of quality-specified concrete being recognised

By: Cameron Mackay     23rd August 2019 Years of effort by the South African Readymix Association (Sarma) to spread awareness about the importance of quality-specified concrete are finally bearing fruit, as it is starting to reach local-government level, says Sarma director Johan van Wyk. Collaborating with parastatals, such as... 

On-The-Air (26/07/2019) 

By: Martin Creamer     26th July 2019 South Africa’s biggest mining company this week leapt headlong into using only solar power at its copper mines in Chile. The World Bank’s finance arm this week agreed to fund a major study into natural gas energy for South Africa. The new value proposition for local coal producers is to focus on... 

Longest Production Train in the World

11th July 2019 In an unprecedented move, Transnet Freight Rail (TFR) successfully ran a 375 wagon manganese train. The testing of the train took place on Wednesday, 05 September 2018 over a distance of around 861 km, from Sishen to Saldanha. The test train is four (4) kilometres long and will be a production... 

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