Commodities trader Vitol is reportedly interested in buying a stake in the Richards Bay Coal Terminal from a company controlled by the Guptas.
Anglo American’s sale of its South African coal mines will probably run into next year.
Creditors of Glencore’s Optimum Coal mine have approved a plan to sell it to a firm controlled by Duduzane Zuma and the Gupta family.
A firm that’s almost half-owned by Duduzane Zuma obtained shares in a company founded by the Guptas weeks before that firm bought Glencore’s Optimum coal complex. ...
Duduzane Zuma is reportedly the biggest individual shareholder in a group that’s acquiring Glencore’s Optimum colliery.
Tegeta Exploration & Resources is acquiring the rights to export eight million metric tons of coal through Richards Bay Coal Terminal.
Tegeta Exploration & Resources is seeking more opportunities after being cleared to buy Glencore’s Optimum coal complex.
Eskom is reportedly buying coal for its Arnot plant from a mine that’s being bought by a company controlled by the Gupta family.
President Jacob Zuma’s decision to appoint a mines minister with no experience in the industry may destabilise critical wage talks at gold mines.
Eskom doesn’t have a permanent CEO, a chairman or enough money to keep the lights on. So now what?