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Coal & Diesel News

Opinion: South Africa’s coal mining sector could shrink by 46% 

6th October 2017 In this opinion article, independent economic risk consultant Rob Jeffrey argues that the mining industry and coal industry need to fight for their very future otherwise all is lost. Few people realise that future economic, political and social prosperity are at currently stake. Decisions made in... 

Shumba’s coal trading division generates first revenues

5th October 2017 Coal mining and energy development company Shumba Energy’s coal trading division, Shumba Coal Trading (SCT), has generated the first revenues for the company. The Botswana Stock Exchange-listed company on Thursday said it had sold more than 1 000 t of coal to customers in the regional market, to... 

Exxaro, Transnet ink ten-year coal transportation agreement

By: Anine Kilian     3rd October 2017 South African diversified resources company Exxaro Resources has signed a ten-year coal export transportation agreement with State-owned rail utility Transnet, which will increase coal volumes from the Limpopo-based Waterberg region to the Richards Bay Coal Terminal (RBCT), in KwaZulu-Natal,... 

Exxaro, Transnet ink ten-year coal transportation agreement
Exxaro CEO Mxolisi Mgojo and Transnet CEO Siyabonga Gama

Electricity industry approaching ‘breaking point’, City Power warns 

By: Terence Creamer     3rd October 2017 Johannesburg’s electricity utility City Power is warning that the current structure of South Africa’s electricity sector is unsustainable and that, in the absence of a coherent national policy, the sector is approaching “breaking point”. Demand- and supply-side manager Paul Vermeulen says that... 

Electricity industry approaching ‘breaking point’, City Power warns

Guptas oppose application to freeze R1.75bn coal mine rehab funds – Outa

By: Creamer Media Reporter      2nd October 2017 The Organisation Undoing Tax Abuse (Outa) says the business group owned by the Gupta family is opposing its application to freeze the R1.75-billion mine rehabilitation funds for two of its coal mines. Outa last week succeeded in obtaining an interim order from the Pretoria High Court which... 

BLSA suspends 'corrupt' Eskom and Transnet

By: News24Wire      28th September 2017 Business Leadership South Africa on Thursday booted out State-owned entities Eskom and Transnet for their involvement in corruption and State capture with immediate effect. The announcement comes as BLSA launched its #BusinessBelieves campaign in Cape Town, where it signed a “contract” with South... 

BLSA suspends 'corrupt' Eskom and Transnet
Photo by Duane Daws
BLSA CEO Bonang Mohale

Auditing firm cuts ties with Gupta’s Oakbay

By: Sane Dhlamini     27th September 2017 The board of auditing firm Sizwe Ntsaluba Gobodo (SNG) has resigned as auditors of Gupta-owned Oakbay Resources and Energy Limited and its related entities. The auditing firm’s statement stipulates that this decision was made after a thorough assessment of its relationship with the company which... 

Auditing firm cuts ties with Gupta’s Oakbay

Court freezes mine rehab billions from Gupta-owned mines

By: News24Wire      26th September 2017 Anti-corruption advocacy group the Organisation Undoing Tax Abuse (Outa) on Tuesday won an urgent interim interdict to freeze some R1.75-billion in mine rehabilitation funds from two Gupta-owned coal mines. The group’s urgent application was heard in the North Gauteng High Court in Pretoria. In a... 

 Court freezes mine rehab billions from Gupta-owned mines

Eskom not generating enough cash to cover interest on debt – report

By: Terence Creamer     21st September 2017 A new report analysing Eskom’s financial position warns that the State-owned utility is simply not generating enough cash through operations and electricity sales to cover the interest on its borrowings, which will peak at around R500-billion in the coming three years. However, it also argues... 

Eskom not generating enough cash to cover interest on debt – report

Tlou submits plans for Botswana power plant

By: Esmarie Swanepoel     21st September 2017 ASX- and Aim-listed Tlou Energy has submitted a proposal to the Botswana Ministry of Mineral Resources, Green Technology and Energy Security to develop up to 100 MW of coalbed methane- (CBM-) fuelled pilot power plants in the African country. The government of Botswana earlier this year requested... 

Brown receives outstanding information on Eskom’s relationship with Gupta-linked Trillian

By: African News Agency      20th September 2017 Public Enterprises Minister Lynne Brown has received answers from Eskom to outstanding questions about its relationship with Trillian, a Gupta-linked company, her office said on Wednesday. “Minister Brown last night received Eskom’s responses to her queries. She noted  progress and Eskom will... 

‘Rebasing’ for lower Eskom sales to trigger 9.4% hike even before any revenue adjustment 

By: Terence Creamer     20th September 2017 State-owned electricity utility Eskom has sounded that warning that, even if its allowable revenue is not increased at all for the 2018/19 year, tariffs will still need to rise by 9.4% simply to accommodate a “rebasing” electricity sales volumes when compared with those approved in the third... 

‘Rebasing’ for lower Eskom sales to trigger 9.4% hike even before any revenue adjustment

Former Eskom R&D GM to facilitate electric tech transfer in Africa – EPRI

By: Schalk Burger     19th September 2017 State-owned power utility Eskom’s former research, testing and development GM Barry MacColl has joined international nonprofit organisation, the Electric Power Research Institute (EPRI), as an EPRI International senior regional manager facilitating technology transfer in Africa. EPRI has... 

Kibo moves closer to concluding PPA, securing project financing for MCPP

By: Creamer Media Reporter      18th September 2017 Dual-listed Kibo Mining says it is near concluding a power purchase agreement (PPA), as well as securing project financing for its Mbeya coal-to-power project (MCPP) in Tanzania. A memorandum of understanding (MoU), as a precursor to a final PPA with Tanzania power utility Tanesco, has passed all... 

Edenville pleased with progress at Rukwa mine

By: Creamer Media Reporter      15th September 2017 Aim-listed Edenville Energy is pleased with the progress being made with the development of its Rukwa project, in Tanzania. “The first half of 2017 was an extremely busy and transformational period for the company.  Having raised funds in February to start production, we have been able to rapidly... 

New study points to 90% renewables mix being least cost by 2050 

By: Terence Creamer     15th September 2017 New analysis conducted using updated cost assumptions for solar photovoltaic (PV), onshore wind and batteries shows that the share of renewable energy in an electricity mix that would also be the least cost for South Africa could grow to above 90% by 2050. Such a portfolio, the study indicates,... 

New study points to 90% renewables mix being least cost by 2050
Photo by Duane Daws
Enertrag corporate business development head Dr Tobias Bischof-Niemz

Rope access pivotal in enhancing NDT inspection

15th September 2017 The effectiveness of non-destructive testing (NDT) is enhanced by rope access, as it ensures the rapid deployment of skilled technicians to carry out this critical inspection work, posits industrial rope access specialist Skyriders. NDT is an ideal form of preventative maintenance, and is used... 

Exxaro, NUM to resume wage negotiations on Friday

By: Creamer Media Reporter      14th September 2017 Diversified miner Exxaro has received a revised set of demands from the National Union of Mineworkers (NUM) and the parties will resume wage negotiations on Friday. “We've noted the decision by NUM to issue a strike notice. The strike action affects Grootegeluk coal mine, in Lephalale, as well as... 

Renewables’ share of global energy market to rise, system stability central

By: Anine Kilian     14th September 2017 The world’s energy system will decarbonise over the next three decades, says advisory services and risk management company DNV GL Africa business manager Robert O’Keefe. Unpacking DNV GL’s ‘Energy Transition Outlook 2017’ report at the Nordic Energy Days conference, in Pretoria, on Thursday, he... 

Stakeholders to push back at upcoming hearings into Eskom’s 2018 hike 

By: Terence Creamer     14th September 2017 The National Energy Regulator of South Africa (Nersa) has outlined the process it will be following to assess Eskom’s request for a 19.9% tariff increase for the 2018/19 financial year, setting a deadline of October 13 for the submission of written comments. Nersa has approved Eskom’s request to... 

Stakeholders to push back at upcoming hearings into Eskom’s 2018 hike

Unido, WEC to disseminate sustainable energy solutions

By: Schalk Burger     13th September 2017 The United Nations Industrial Development Organisation (Unido) and the World Energy Council (WEC) have signed a joint declaration to support the global dissemination of sustainable energy solutions. The parties have committed to help develop leadership skills and the overall capacity of energy... 

Eskom at a sustainability ‘tipping point’, business and labour warn

By: Terence Creamer     8th September 2017 Business and labour raised serious questions on Friday about the sustainability of State-owned electricity producer Eskom in light if its current governance failings, which were now undermining its financial health to the point where government could be force to assist the utility in meeting its... 

Eskom at a sustainability ‘tipping point’, business and labour warn
Photo by Duane Daws
Labour Minister Mildred Oliphant in conversation with Deputy President Cyril Ramaphosa at the Nedlac Summit

Cross-border power trade expected to rise as Southern Africa returns to surplus

By: Terence Creamer     7th September 2017 The Southern Africa Power Pool (SAPP) is expecting growth in regional electricity trade in 2017 after a return to surplus power generation capacity across Southern Africa, led by South Africa’s State-owned utility Eskom. Nevertheless, the potential for cross-border electricity trade is expected... 

Cross-border power trade expected to rise as Southern Africa returns to surplus

Ncondezi Energy gets loan repayment extension

By: Anine Kilian     4th September 2017 Aim-listed Ncondezi Energy has entered into a formal agreement to extend its shareholder loan repayment date. The extension includes the loan announced in May, which involved Ncondezi drawing down $2.2-million, taking the total repayment amount to $4.4-million. 

'We're looking at Outa's State capture documents' – Hawks

By: News24Wire      4th September 2017 The Hawks have confirmed that they have received documents from the Organisation Undoing Tax Abuse (Outa) relating to the charges they laid against numerous people allegedly involved in state capture. "We received volumes and volumes of documents from Outa about state capture…I don’t know what... 

'We're looking at Outa's State capture documents' – Hawks

Underground coal gasification can provide solutions to energy challenges

1st September 2017 With declining mineable coal reserves and increasing global energy demand, underground coal gasification (UCG) is a resurging technology that provides a solution to these challenges.  

Uncertain power price path heightening grid-defection risk, EIUG warns

By: Terence Creamer     31st August 2017 Energy Intensive Users Group of Southern Africa’s (EIUG’s) Piet Van Staden has expressed serious anxiety about the near-term sustainability of South Africa’s electricity industry in light of the prospect of yet more tariffs hikes, which would further damage industrial demand and, in turn, trigger... 

Uncertain power price path heightening grid-defection risk, EIUG warns

Kusile Unit 1 brought into full commercial operation well ahead of schedule

By: Samantha Herbst     30th August 2017 Unit 1 of Eskom’s Kusile power station has been brought into full commercial operation, adding 800 MW of much-needed power to help stabilise the national power grid. This means that construction and optimisation of the unit is complete and the operator, Eskom Generation, has taken over the plant... 

Kusile Unit 1 brought into full commercial operation well ahead of schedule
Eskom interim group CEO Johnny Dladla

Managing the socioeconomic impacts of SA’s lower-carbon economy transition

30th August 2017 In this opinion piece, Jarredine Morris argues that it is important that the socioeconomic impacts, including the impact on employment, are assessed as South Africa transitions to a lower-carbon electricity sector   

Managing the socioeconomic impacts of SA’s lower-carbon economy transition
Jarredine Morris

Brown tells Eskom to come clean on Trillian in two days

By: African News Agency      29th August 2017 Public Enterprises Minister Lynne Brown on Tuesday, gave Eskom a 48-hour deadline to heed her instruction to clarify its relationship with Trillian, her spokesman said. “In June, Minister Brown requested Eskom’s board to clarify issues relating to its Trillian relationship. Following further... 

Botswana reaffirms commitment to 100 MW solar project

By: Terence Creamer     29th August 2017 The Botswana government has assured potential renewable-energy investors that it will follow through with the implementation of a proposed 100 MW utility-scale solar project, for which it received 166 responses to a call for expressions of interest (EoI) released earlier this year. The Botswana... 

Botswana reaffirms commitment to 100 MW solar project

Kibo finalises transmission line bid for MCPP

By: Creamer Media Reporter      29th August 2017 Aim- and AltX-listed Kibo Mining has concluded the final bid clarification for the construction of the transmission line that will evacuate power from the Mbeya power plant to State-owned Tanesco’s Mbeya substation. The power plant forms part of Kibo’s Mbeya coal-to-power project (MCPP), which... 

Kibo finalises transmission line bid for MCPP
Kibo CEO Louis Coetzee

Ncondezi confident of finding a partner for power plant project by year-end

By: Creamer Media Reporter      25th August 2017 Aim-listed Ncondezi Energy is hoping to complete the process of signing on a partner to assist with the development of its proposed 300 MW Ncondezi coal-fired power project, in Tete, Mozambique, by the end of this year. Ncondezi is seeking a partner capable of providing a leadership role in the... 

Guptas sell Tegeta to Swiss owner

By: News24Wire      23rd August 2017 Gupta-owned Oakbay Investments has sold Tegeta Exploration and Resources to Swiss-based Charles King SA for R2.97-billion, it announced on Wednesday. This is the second sale announced by the Guptas this week. They announced on Monday that Oakbay would sell its media assets, broadcaster ANN7 and... 

Guptas sell Tegeta to Swiss owner

Kibo to hold formal negotiations with potential MCPP investors

By: Creamer Media Reporter      22nd August 2017 Aim- and AltX-listed Kibo Mining will, in the coming weeks, hold formal negotiations with infrastructure investors that have expressed an interest in making an equity investment in the Mbeya coal-to-power project (MCPP), in Tanzania. Kibo, which is headed up by CEO Louis Coetzee, expects to work... 

World treaty to ban and reduce mercury poison comes into force 

By: News24Wire      17th August 2017 It is rated as one of the top ten chemical poisons endangering human health and the natural world. Tiny drops of this poison can be found in human teeth, in fresh fish, in light bulbs, paints, batteries and even cosmetics. And it is in the air, water and soil everywhere, in varying amounts. 

Parliamentary State capture probe hits first hurdle

By: African News Agency      16th August 2017 The investigation into State capture by Parliament’s portfolio committee on public enterprises on Wednesday hit its first hurdle as it was confirmed to members that the legislature would not pay for an independent evidence leader. Acting chairperson Zukiswa Rantho told MPs she had asked the chair... 

Parliamentary State capture probe hits first hurdle

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