kumba ceo to help eskom with coal purchases resource investor

Gold One suspends workers as SA strikes continue

About 300 workers began a strike at Kumba Iron Ore Limited yesterday, adding to those at gold, platinum and coal mines in South Africa. Long-term investors are divesting from South Africa gold stocks because of the strikes, Gold Fields Limited CEO Nick Holland was reported as saying in the Johannesburg-based Business Day newspaper.

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Eskom acting CEO weighs in on Tshwane coal truck protest

Eskom acting CEO weighs in on Tshwane coal truck protest Gauteng radio station PowerFM reported that the Coal Transport Forum said Eskom's agreement with independent power producers (IPPs) (Nersa) said Eskom's allowable revenue of R205bn includes an amount of R23bn for IPP purchases.

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MakingMiningMatt er mineralscouncil.za

MARCH 2019 CONTENTS Making MiningMatter 02 From the CEO 04 Vale's Brumadinho disaster 05 Eskom, NERSA and the mining industry 08 Making mining matter 10 National Platinum Strategy 11 Junior and emerging miners research 12 Community relations challenges 13 Mining Indaba social media 14 Additional information Page 3 FROM THE CEO continued work it is going to take by them to repair

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Bushveld first vanadium redox flow battery deployment

Bushveld Minerals Limited (LONBMN), a mineral project development company with a portfolio of vanadium and coal assets in Southern Africa and an investment in tin, this morning has announced that its 84%-owned energy subsidiary, Bushveld Energy Limited has confirmed its first vanadium redox flow battery (VRFB) deployment in South Africa.

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Management merges SA Bullion

Management merges I­Net Bridge Wed, 15 Jul 2009 2052 [miningmx] ­­ SA Bullion Management, which enables the public to invest in gold bullion Krugerrands, said on Wednesday it had merged with Aurum Gold Investor Services, a , black­owned, gold bullion investment platform.

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Diamond output leap helps Anglo Namibian Mining News

Jul 23, 2017 · A sharp rise in rough diamond production at a time of stable diamond trading conditions has boosted diversified mining company Anglo American in the three months to June 30, when overall production was 8% up on a copper-equivalent basis. Rough diamond production increased by 36% to 8.7-million carats, with production in Canada reporting a nigh sixfold rise to

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Anglo American Platinum

We are one of the world's largest mining companies. Our portfolio spans iron ore and manganese, metallurgical and thermal coal, copper, nickel, niobium and phosphates, platinum and diamonds.

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African Rainbow Minerals (ARM)

African Rainbow Minerals Limited (ARM) is a niche, diversified South African mining company with excellent long-life, low-cost operating assets in key commodities. ARM owns ferrous and base metals, platinum and coal operations and holds a significant interest in the gold mining sector through its shareholding in Harmony. ARM subsidiary TEAL houses ARM's non-South African exploration portfolio.

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Peabody to sell undeveloped Queensland tenements

May 11, 2016 · More specifically, Peabody Energythe world's largest private-sector coal company- has entered into sale and purchase agreements with Australia-based Pembroke Resources, a portfolio company of leading energy and resources-focused global private equity firm Denham Capital, to sell its interest in undeveloped metallurgical reserve tenements in

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Anglo American Production up 4% for the quarter

Anglo American (LONAAL) has today announced its Production Report for the fourth quarter ended 31 December 2019.. Mark Cutifani, Chief Executive of Anglo American, said "We have delivered our full year production targets across the business.Production is up 4% (1) for the quarter led by the continued successful ramp-up at Minas-Rio in Brazil. . Increased production at Metallurgical Coal in

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Kumba confirms that it's filed a corruption case Moneyweb

Kumba confirms that it's filed a corruption case . Kumba Iron Ore CEO Chris Griffith has confirmed that a case of corruption has Transnet outlines plans for cheaper coal to Eskom

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Eskom Page 3 The Turk Report My Perspective

Exxaro Resources CEO Mxolisi Mgojo has disputed claims by former Eskom executives that the power utility had an established practice of making prepayments for coal supplies. Mgojo described the way in which Eskom "unlawfully pushed Exxaro out of the coal-supply space and contracted with Tegeta at a considerably higher cost to the fiscus".

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How does the mining industry in South Africa attract

Oct 02, 2017 · Beyond Eskom, our domestic coal market, which comprises cement producers, paper mills, chicken producers and others is still generating decent profits for some coal producers. In 2016, we exported 72 Mt of coal out of Richards Bay Coal Terminal. Beyond Mpumalanga, we have amazing resources in the Waterberg offering several options for our country.

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Mining in SA Then, now, and into the future IRR

Together they supply Eskom with between 70% and 80% of its coal requirements. Given that Eskom runs 14 coal-fired power stations, with two big new plants, Medupi and Kusile, due to come into full operation in the next few years, South Africa for the foreseeable future is locked into coal, of which it has enormous reserves.

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Africa Mining Republic of Mining Page 3

EXXARO Resources CEO, Mxolisi Mgojo, said that without a properly functioning power utility company Eskom South Africa's mining industry would cease to function. "The current state of Eskom is going to be the one thing that is going to be the death knell of this industry," Mgojo was cited by Bloomberg News to have said in an

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Eskom Wikipedia

This is aimed to help distance itself from Eskom coal power plants, and to focus more on wind and solar developments. The African investment forum is backed up by corporate organizations and lenders, private donors, and the African Development Bank. These new inverters would be align with South Africa's Integrated Resource Plan (IRP).

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Coal, gas or nuclear? Power-hungry SouthAfrica must

Mar 17, 2014 · Eskom generates most of its electricity from coal-fired plants but also has one nuclear plant, gas turbines, hydro-electric and wind facilities. Coal is likely to remain the main feed stock for base-load power, given that South Africa is a major producer and exporter of coal.

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MiningWeekly Mining Sector News Mining Industry Coal

By Marleny Arnoldi 31st October 2019 Coal miner MC Mining's Uitkomst colliery achieved an a 8% year-on-year increase in production to 135 675 t in the quarter ended September 30, the first

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South32 CEO Graham Kerr plots a shrink-to-greatness

Dec 03, 2017 · South32 CEO Graham Kerr plots a shrink-to-greatness moment Speaking ahead of Tuesday's investor day, Kerr declared the energy coal decision a "pivot point" for South32. Eskom

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About Eskom and loadshedding POLITICS Politicsweb

Though there has been progress in implementing its nine-point plan, Eskom's financial position remains untenable and its current operational model difficult. We will soon be announcing the appointment of a permanent Eskom CEO who, together with a strengthened board, will be

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eskom on Channel24

De Ruyter, meet NUM union to protest on Eskom CEO's first day 2019-12-13 0500. Andre De Ruyter is due to start serving as Eskom CEO on 15 January next year.

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Anglo American South Africa

Anglo American is a global mining company that mines a diverse range of products in South Africa i.e. platinum, thermal coal, diamonds, and iron ore.

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'Outstanding PPAs to be signed next week' South African

South African minister of energy Jeff Radebe, has announced that the project agreements of the 27 Renewable Energy Independent Power Producer Projects (REIPPP), including the power purchase agreements with Eskom, will be signed on Tuesday, 13 March 2018.

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SA's Eskom vows to avoid load shedding Mining Journal

SA's Eskom vows to avoid load shedding South African state-owned utility Eskom has said there will be no power blackouts in the country, despite six of its power stations having low coal stockpiles.

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Investor Relations The Coca-Cola Company (KO)

About the Coca-Cola Company. The Coca-Cola Company (NYSE KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories.

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Africa Mining "Let's talk" South Africa President tells

"Eskom was under a lot of crunch for immediate supplies, we had to help in the short term," Nombasa Tsengwa, the company's head of coal, said in an interview. "This was a special dispensation that was given to Eskom by National Treasury and the Public Enterprises Ministry

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The Needless Struggle in South Africa Coal Age

Apr 17, 2015 · "We have talked to Eskom and various government agencies about what we can do to reduce our investment in the South African domestic business," Seamus French, CEO of Coal Business at Anglo American told an investor briefing in December, while remaining sketchy on the details.

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UPDATE 1-Exxaro may buy Anglo's South African iron ore

UPDATE 1-Exxaro may buy Anglo's South African iron ore, coal mines

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SA's Eskom vows to avoid load shedding Mining Journal

SA's Eskom vows to avoid load shedding South African state-owned utility Eskom has said there will be no power blackouts in the country, despite six of its power stations having low coal stockpiles.

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4th EDITION FROM THE DESK OF THE PRESIDENT

Though there has been progress in implementing its nine-point plan, Eskom's financial position remains untenable and its current operational model difficult. We will soon be announcing the appointment of a permanent Eskom CEO who, together with a strengthened board, will be

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