Eskom’s $4 billion coal bill headache largely of its own making
Eskom’s coal costs have risen almost 22% since 2016.
Latest Stories
Coal mine Cerrejon to reduce output amid low prices, possible court ruling
Colombia, the world's fourth-largest exporter of coal, faces a potential spending crunch next year.
Impala Platinum to acquire North American Palladium for $758 million
Implats said the transaction would "reposition its portfolio and strengthen its competitive positioning in line with its stated strategy by acquiring a palladium-rich, operating asset in an established mining jurisdiction".
Indonesia govt appoints Inalum to buy stake in Vale Indonesia
Vale, one of Indonesia's largest nickel miners, is set to divest around 20% of its stake to local investor to meet new regulations aimed at limiting foreign ownership of its mining resources.
Glencore inks 5-year cobalt supply deal with China’s GEM
It will provide at least 61,200 tonnes of cobalt hydroxide, or about a quarter of its annual production, to the Chinese company.
Great Atlantic qualifies for funding to explore gold project in Newfoundland
The funding will allow the company to continue exploring high-priority targets within its Golden Promise property.
Talga gets funding to develop graphitic anode for solid-state batteries
The Australian company wants to create a new high-capacity graphitic carbon composite anode.
Petra’s recently found blue diamond could fetch $15 million
Viewings of the 20.08-carat diamond will run from November 1 to 7 at Petra’s marketing offices in Johannesburg.
China’s gold-buying spree tops 100 tonnes during trade war
Beijing's move reinforces its standing as one of the major official accumulators as central banks stock up on the precious metal.
