The continuing coal supply shortage at State-owned power utility Eskom is considered a crisis by industry commentators. However, while conceding that it “is not an ideal situation”, Eskom has assured Parliament that it is implementing a recovery...
Profits from coal mining are eclipsing income from other metals, said Bloomberg News which showed that some of the world’s largest mining groups are set to produce better than ever returns from the fuel this year.
The mining sector is poised for a positive future but is still hindered by a “harsh” environment, Minerals Council South Africa CEO Roger Baxter stated at the Joburg Indaba, on Wednesday
If granted, the R66.6 billion increase which will be passed onto consumers will result in mine closures and will have a severely negative impact on other sectors that depend on the mining sector.
Ensuring that South Africa remains competitive and able to meet energy demands in the context of a developing economy, while at the same time reducing the country’s carbon emissions will require close collaboration between all stakeholders...
President Jacob Zuma says that transformation in the energy sector is paramount and international investors will have to partner with South Africans in the future.
15 May 2018
8 November 2017