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Eskom forked out more than R130 million to a Gupta-owned mining company for coal the power utility couldn’t even use, according to a report in the Sunday Times, citing a National Treasury ....
Know MoreEskom has cancelled a contract with Exxaro Resources and will now buy coal for one of its power stations from a company soon to be under Gupta control According to report by Bloomberg, Eskom is ....
Know MoreSA's Exxaro to pay R45bn special dividend The dividend represents R1255 per Exxaro ordinary share 175 days ago NUM to strike at two Exxaro coal min , Eskom dumps coal contract with Exxaro...
Know MoreEskom has threatened to stop buying coal from Exxaro if it is no longer more than half black-owned "Eskom notes media reports that Exxaro’s black shareholding could be reduced to about 30% ....
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Know MoreExxaro Arnot Colliery had a contract with Eskom to supply coal to Arnot Power Station for 40 years This contract expired in December 2015 The cost of coal ,...
Know MoreExxaro proposed to Eskom that it would continue to produce coal for Eskom as per the CSA until December 2017 after the utility announced in September last year that the CSA was expiring in December - while the closure is planned properly as envisaged in the CSA...
Know MoreThe coal for the power station would be sourced from Exxaro Coal's Grootegeluk coal mine, which would increase production by 16 million tonnes a year to cater for the new power station [11] While Eskom have embarked on a major construction program, it has encountered difficulties with the Medupi power station...
Know MoreSunday Times - 2016-12-04 - BUSINESS TIMES - LUTHO MTONGANA mton[email protected]daytimcoza EXXARO may be safe from being dropped as an Eskom coal supplier due to existing contracts, but the future of the relationship is uncertain, especially after the reduction of its BEE shareholding...
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Know MoreEXXARO Resources said Eskom would provide R18bn to expand the Matla mine after the mining firm reduced the cost of the proposed expansion by about R1bn Executive head of Exxaro’s coal operations, Nombasa Tsengwa, said in a conference call today that Eskom had asked Exxaro to optimise its ....
Know MoreOn September 8 2015 Eskom advised Exxaro that the 40-year CSA would terminate on December 31 2015 and instructed Exxaro to start the process of closure of the Arnot Coal ,...
Know MoreOver the past decade, Exxaro has established itself as one of South Africa’s largest and foremost black-empowered resource compani We produce coal, and also have interests in titanium ore, titanium oxide, iron ore, and zinc...
Know MoreAfter the exposé by Carte Blanche on Sunday 12 June 2016 regarding a R500+ million prepayment by Eskom to the Guptas for coal, we were told by Eskom’s Khulu Phasiwe that if we had any questions, we should not speculate, but to ,...
Know MoreEskom’s recent pleas to Treasury for a R50bn equity injection (ie money that it will not have to repay) gives us a small insight into just how badly things are ,...
Know MoreJohannesburg - Exxaro Resources is in talks with Eskom to obtain more funds to further develop its Matla coal mine after the electricity provider changed the model it uses to obtain the fuel for ....
Know Morehow much does eskom pay exxaro for coal? - crusherasia Exxaro signs deal with Eskom to supply coal to Medupi owners how much coal they can make available for the about eskom coal transport contracts in ...
Know MoreEskom added that it had engaged with Exxaro over a period of two years on the high R900/t cost of coal from Arnot and the need for Exxaro to consider viable options to reduce this cost for the ....
Know MoreYou will pay to bail out Eskom - TechCentral You will pay to bail out Eskom , including R2bn paid in penalties to the mining company Exxaro under a coal , although somebody will have to pay for Eskom ...
Know MoreFinancially embattled Eskom has run to the government for additional funding to pay its spiralling bills But the treasury has refused and said it will not fund the utility from its strained ....
Know More"Eskom is deeply concerned about the recent media reports regarding the potential closure of the Arnot coal mine and the resultant job losses that might follow if Eskom does not extend Exxaro’s contract to supply coal to the Arnot power station...
Know MoreEskom prepaid Guptas R586m for coal Susan , with the high cost of coal that Eskom was paying to source coal under the 40-year-old cost-plus contract with Exxaro, which Eskom claims was costing ....
Know MoreTransnet, Eskom coal boost for black-controlled , Eskom must take-or-pay on a total of 155-million tons over a period of years, , which in reality it does not have to do...
Know MoreEskom pointed out that Exxaro had a 40-year contract with Eskom for the supply coal to the Arnot power station, which expired at the end of December last year “The cost of coal ,...
Know MoreEskom is contractually obliged to pay for capital costs , needed capital costs despite being contractually obligated to do so This forced Exxaro to reduce coal supplies from 4 ,...
Know MoreSA's Exxaro to pay R45bn special dividend The dividend represents R1255 per Exxaro ordinary share 175 days ago NUM to strike at two Exxaro coal min , Eskom dumps coal contract with Exxaro...
Know MoreFrom whom is Eskom procuring its coal stock, (b) how much coal , From whom is Eskom procuring its coal stock, (b) how much coal is procured from each company for each power station 19/02/2010 , § Exxaro Coal (Pty) Ltd (Exxaro)...
Know MoreExxaro Resources Ltd CEO Mxolisi Mgojo told lawmakers in February that former Public Enterprises Minister Lynne Brown refused the company’s request for a 18 billion rand ($150 million) capital investment that would have allowed its Matla mine to maintain coal production at the level required by its supply agreement with Eskom...
Know MoreFin24 com reported that Exxaro’s North Block Complex coal mine, near Belfast in Mpumalanga, has stopped transporting coal to Eskom power stations due to a blockage by disgruntled local residents...
Know MoreTransnet, Eskom coal boost for black-controlled , Eskom must take-or-pay on a total of 155-million tons over a period of years, , which in reality it does not have to do...
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