Eskom's World Bank loan under investigation

by I-Net Bridge | 03-AUG-10 | 0 comments

The World Bank's Inspection Panel has confirmed that it is investigating the awarding of the bank's $3.75bn loan to South African power utility Eskom. Read >

Keaton to supply 16.5mt of coal to Eskom

by I-Net Bridge | 20-JUL-10 | 0 comments

Keaton Energy says its 74%-held subsidiary Keaton Mining has concluded negotiations with Eskom to supply 16.5 million tonnes of steam coal from Phase 2 of its new Vanggatfontein Project near Delmas. Read >

Unions, Eskom finalise wage deal

by Reuters | 14-JUL-10 | 0 comments

Three labour unions at Eskom have signed a wage deal with the utility, averting a possible strike that could have affected power supply. Read >

Eskom, unions back at negotiating table

by I-Net Bridge | 02-JUL-10 | 0 comments

Talks between power utility Eskom and the three trade unions representing its employees are to continue throughout this weekend in an effort to avert industrial action. Read >

Eskom to hold briefing on wage negotiations

by I-Net Bridge | 01-JUL-10 | 0 comments

Power utility Eskom will hold a briefing on wage negotiations with the National Union of Mineworkers and the National Union of Metalworkers of SA as the unions confirmed strike notices. Read >

Eskom makes provision for strike

by Dewald van Rensburg | 28-JUN-10 | 0 comments

Power utility Eskom says that it has contingency plans in place, should it face strike action, but unions say they are reluctant to take the striking option. Read >

Eskom sticks to original wage offer

by I-Net Bridge | 24-JUN-10 | 0 comments

Electricity parastatal Eskom has failed to revise its wage offer, the National Union of Mineworkers says. Read >

Eskom transmission unbundling debate rages

by Jan de Lange | 21-JUN-10 | 1 comments

Serious consideration is being given to the possibility of unbundling Eskom's transmission network and making it part of the future independent systems operator. Read >

Eskom strike averted - for now

by SAPA | 18-JUN-10 | 0 comments

A possible strike at Eskom has been temporarily averted until Monday, trade union Solidarity says. Read >

We're ready for strike - Eskom

by I-Net Bridge | 15-JUN-10 | 3 comments

Power utility Eskom says it is ready should its 16,000 workers decide to go on a strike over wages. Read >

Electricity transmission unbundled from Eskom

by Jan de Lange | 14-JUN-10 | 1 comments

A new electricity proposal which has independent transmission unbundled from Eskom at its heart will come into being in three months and be approved by cabinet by September. Read >

Eskom price info 'will scare investors'

by Jan de Lange | 10-JUN-10 | 2 comments

Eskom is refusing to disclose the prices that BHP Billiton pays for electricity, saying that it will scare off future investors. Read >

Hogan sheds light on Medupi loan

by I-Net Bridge | 09-JUN-10 | 0 comments

Barbara Hogan the Public Enterprises Minister has given more details of the World Bank "specific investment loan" which will be used to finance the Medupi power station. Read >

Firms face electricity fines

by Jan de Lange | 08-JUN-10 | 0 comments

The South African government is negotiating new power saving targets with various industries and it warned companies that do not reduce consumption will be punished. Read >

Mozal spelt 'disaster' for Eskom

by Sikonathi Mantshantsha | 03-JUN-10 | 2 comments

Eskom's financial results would have been catastrophic had the power utility not managed to persuade BHP Billiton to renegotiate the Mozal aluminium smelter contract. Read >

Eskom passes the power buck

by Brendan Ryan | 02-JUN-10 | 6 comments

Power utility Eskom has drawn a line in the sand over its future financial commitments and shifted the responsibility for meeting SA’s power needs after 2017 to the government Read >

New low-grade export coal raises hackles

by Brendan Ryan | 27-MAY-10 | 2 comments

Development of a new, lower-grade brand of export coal by the South African coal mines could be stymied by efforts to restrict the export of that coal by, amongst others, Eskom. Read >

'Eskom won't face fines'

by Sake24 | 26-MAY-10 | 0 comments

Eskom will probably not face financial penalties as part of the renegotiation of punitive contracts with aluminium smelters, says government. Read >

SA gets private power

by Jan de Lange | 24-MAY-10 | 0 comments

Eskom has concluded its first agreements to get electricity from private power providers. Read >

Optimum eyes FY sales of 5.1m tons to Eskom

by I-Net Bridge | 05-MAY-10 | 0 comments

Optimum Coal estimates that its run-of-mine production for the financial year to end June 2010 is 13.5 million tons from which an estimated 5.0 million export saleable tons and 5.1 million Eskom saleable tons will be produced. Read >

Gold Fields ups Damang output 20 pct

by Allan Seccombe | 30-APR-10 | 0 comments

Gold Fields is to lift gold output at the Damang mine in Ghana by 20% to 240,000 oz over coming quarters as its strives to reach one million ounces of annual production in West Africa over the next five years. Read >

SA must source power outside Eskom

by Jan de Lange | 26-APR-10 | 4 comments

Electricity utility Eskom lacks the capacity to grow and other suppliers of power have to be found otherwise South Africa cannot grow, writes Jan de Lange. Read >

Eskom admits BHP smelters caused losses

by Jan de Lange | 21-APR-10 | 0 comments

The losses incurred by South African power utility Eskom with its contracts with BHP Billiton ran deeper than just accounting losses on derivatives. Contracts for the South African aluminium smelters are still a way off. Read >

Gold Fields extends South Deep shaft

by Sapa | 21-APR-10 | 0 comments

Gold Fields triggers the deepening of the South Deep ventilation shaft to more than double hoisting capacity and move towards its 800,000 oz/year output by end-2014. Read >

AngloGold secures $1bn facility

by Allan Seccombe | 21-APR-10 | 0 comments

AngloGold Ashanti takes significant pressure off its balance sheet by securing a $1bn, four-year credit facility. Read >

Eskom, BHP reach power deal

by Sapa & Miningmx reporter | 20-APR-10 | 1 comments

Eskom reaches an in-principle deal with BHP Billiton to end a favourable long-term tariff agreement, but efforts to do the same with Anglo American are proving tougher. Read >

AngloGold eyes $3bn mine

by Reuters | 20-APR-10 | 0 comments

AngloGold Ashanti could invest up to $3bn to build a gold mine in Colombia if feasibility studies show the project is viable. Read >

Govt may help Eskom's Kusile

by Troye Lund | 16-APR-10 | 0 comments

Public Enterprises Minister Barbara Hogan says the state will step in should Eskom's next project Kusile show signs of struggle owing to a lack of funds. Read >

Eskom may be split up

by Sikonathi Mantshantsha | 16-APR-10 | 0 comments

Eskom is considering privatising some of its assets and a major shake-up of its labour force, according to a Finweek report. Read >

Another SA power shortfall in 2018

by Reuters | 15-APR-10 | 0 comments

South Africa faces another electricity shortfall in 2018 despite Eskom's build programme to double capacity over the next 15 years. Read >

New turmoil over ANC's power deal

by James Brent-Styan | 13-APR-10 | 1 comments

The head of the ANC's controversial investment arm has denied that its stake in Hitachi Power Africa will be sold, despite the party's reassurances. Read >

World Bank to cut ANC out of loan

by James-Brent Styan | 07-APR-10 | 1 comments

The World Bank will ensure that no money goes to projects that Hitachi - in which the ANC holds a stake - is involved in, if it approves Eskom's loan request. Read >

Another offer made for SA Coal

by Marc Hasenfuss | 01-APR-10 | 0 comments

A Bombay-listed firm puts in a bit for SA Coal Mining Holdings, but the board prefers the offer from Shanduka, writes Marc Hasenfuss. Read >

Wescoal to buy SACMH

by Marc Hasenfuss | 29-MAR-10 | 1 comments

Is this the first of a series of deals to consolidate the junior coal segment, asks Marc Hasenfuss. Read >

Dear Ms Carroll

by Jan de Lange | 29-MAR-10 | 0 comments

Are big egos holding others back to collaborate in Anglo American's power generation project, Jan de Lange asks Anglo CEO Cynthia Carroll. Read >

Anglo looks for power solutions

by Jan de Lange | 25-MAR-10 | 0 comments

Anglo American has appointed a top British infrastructure company to conduct a viability study for one of its own power stations in Mpumalanga. Read >

Wescoal's mining venture is buoyant

by Marc Hasenfuss | 24-MAR-10 | 1 comments

Wescoal moves onto the JSE main board, with production on track and an Eskom contract in tow, writes Marc Hasenfuss. Read >

MPs want details on Eskom deals

by Troye Lund | 19-MAR-10 | 1 comments

The government is "concerned" about Eskom's confidential electricity tariff agreements with large industrial groups, says Public Enterprises Minister Barbara Hogan. Read >

AngloGold gets serious

by Allan Seccombe | 11-MAR-10 | 2 comments

AngloGold Ashanti is rolling out an extremely thorough and detailed plan to boost output and drive down costs, a critical factor at its South African mines. Read >

Optimum to raise R1.6bn

by Brendan Ryan | 11-MAR-10 | 0 comments

Optimum Coal is looking to raise R1.6bn and could have a market capitalisation of around R8.7bn when it lists on the JSE on March 29 if the share placement is successful. Read >

SA power crunch expected in 2011

by Reuters | 05-MAR-10 | 0 comments

South Africa will meet its power requirements for the World Cup, but further ahead the situation is much tighter, Eskom's acting CEO says. Read >

IPP framework in place - Hogan

by Sapa | 01-MAR-10 | 0 comments

Power utility Eskom may sign cogeneration agreements with outside producers before the end of March, says Public Enterprises Minister Barbara Hogan Read >

The implications of Eskom's tariff hike

by Miningmx | 25-FEB-10 | 0 comments

Dick Kruger from the Chamber of Mines talks about Eskom's electricity tariff hike and the implications for the mining sector. Des Kilalea from RBC Capital Markets shares his thoughts on Anglo American and De Beers. Read >

Eskom 'got what it needed'

by Sikonathi Mantshantsha | 24-FEB-10 | 0 comments

Energy regulator Nersa says it granted Eskom the tariff increase that was needed, not just what the power utility wanted. Read >

Gold groups heave sigh of relief

by Brendan Ryan | 24-FEB-10 | 2 comments

Gold Fields and Harmony are relieved the 24.8% power hike awarded by Nersa is not the 35% demanded by Eskom but point out it is still going to have an adverse impact on operations. Read >

Eskom secures a 24.8% hike

by Sikonathi Mantshantsha | 24-FEB-10 | 1 comments

Eskom is granted permission to hike power rates by 24.8% this year, well below the 35% the power utility asked for. Read >

D-Day for SA power hike

by Jan de Lange and Jean-Marie de Waal | 24-FEB-10 | 0 comments

South Africa is bracing itself for one of the most painful economic measures for the past 20 years - the multi-year electricity tariff decision by the energy authorities. Read >

Gold Fields lowers gold outlook, again

by Allan Seccombe | 23-FEB-10 | 1 comments

Moves to address safety at Kloof mine forces Gold Fields to knock 42,500 oz off its already lowered March quarter production forecast. It now stands at 807,500 oz. Read >

Anglo warns South Africa on power

by Allan Seccombe | 19-FEB-10 | 10 comments

Anglo American holds off major capital decisions in South Africa until it receives guarantees on electricity supplies, says CEO Cynthia Carroll. Read >

AngloGold upbeat on SA Charter review

by I-Net Bridge | 17-FEB-10 | 1 comments

AngloGold Ashanti sounds an upbeat note about the South African Mining Charter review and believes it is well positioned in the process. Read >

AngloGold grapples rising SA costs

by Allan Seccombe | 17-FEB-10 | 3 comments

UPDATED - AngloGold, which paid an improved full-year dividend, is battling reduced production and rising costs in South Africa. Read >

Independent power by end-2010

by Troye Lund | 12-FEB-10 | 1 comments

South Africa's government vows the policies needed to allow independent power producers to contribute to the national grid will be in place by the end of 2010. Read >

Power: Gold Fields 'deeply concerned'

by I-Net Bridge | 04-FEB-10 | 2 comments

Gold Fields, South Africa's largest gold producer, said it was "deeply concerned" about the power situation in South Africa. Read >

Gold Fields acts on falling gold output

by Allan Seccombe | 04-FEB-10 | 1 comments

UPDATED - Gold Fields is talking to the South African mines ministry about "punitive" safety shut downs to prevent the temporary closure of mines as it addresses falling gold production. Read >

AngloGold wants lower power hikes

by I-Net Bridge | 02-FEB-10 | 0 comments

AngloGold Ashanti, South Africa's largest gold producer, says it is still holding out for a reduction in the electricity price hikes scheduled to kick in this year. Read >

Eskom drops long-term coal use forecast

by Reuters | 27-JAN-10 | 1 comments

Eskom drops its long-term coal demand forecast. Read >

Chamber's proposal gives an "almost bearable" alternative - Dick Kruger, CoM

by | 25-JAN-10 | 0 comments

The Chamber of Mines offers a solution to Eskom's funding conundrum, giving the mining industry a solution that would be "almost bearable", says the chamber's Dick Kruger. Read >

Eskom goes for rail

by Brendan Ryan | 25-JAN-10 | 7 comments

Eskom seems to have come up with an innovative method of getting more coal to its Camden power station by rail to limit further damage to Mpumalanga’s roads. Read >

Eskom to fight Maroga lawsuit

by Miningmx reporter | 25-JAN-10 | 2 comments

Eskom says it will oppose the R85m lawsuit filed against it by ousted CEO Jacob Maroga. Read >

Power sector needs a revamp

by Jan de Lange | 25-JAN-10 | 0 comments

The size of the electricity industry mess has become much clearer during the countrywide hearings held by the National Energy Regulator, writes Jan de Lange. Read >

'No hope for Eskom Kusile plan'

by Jan de Lange | 22-JAN-10 | 0 comments

Experts say Eskom won't find a private partner for the Kusile power station - a precondition for reducing its tariff hikes. Read >

Govt garage sale to fund Eskom

by Jan de Lange | 21-JAN-10 | 0 comments

The sale of some Eskom assets like power stations is one of the means government is considering to find alternative revenue sources to tariff increases. Read >

What lies in store for 2010

by | 20-JAN-10 | 0 comments

The MiningMx team discusses what's expected for 2010, with a special focus on government legislation and Eskom's power problems. Time: 21:49 Read >

Medupi to be ready 'on time'

by Sikonathi Mantshantsha | 18-JAN-10 | 1 comments

Eskom has said it is on schedule with the construction of the Medupi power station in Limpopo, but is facing a year's delay at the Kusile plant in Mpumalanga. Read >

Pricey power 'may court collapse'

by Nicole Rego | 15-JAN-10 | 0 comments

The South African economy could shed half a million jobs if Eskom's proposed tariff hikes go ahead, according to the country's main chambers of business. Read >

Eskom 'needs urgent surgery'

by James-Brent Styan | 12-JAN-10 | 1 comments

Eskom executives have been defending the utility's steep tariff hike proposal, saying that the economy won't survive without it. Read >

Another power station delayed

by Brendan Ryan | 15-DEC-09 | 1 comments

CIC Energy has confirmed that construction of its proposed Mmamabula power station in Botswana will be further delayed because of regulatory issues with the South African government. Read >

Eskom threat to miners

by Brendan Ryan | 14-DEC-09 | 1 comments

JP Morgan reckons platinum miners are better placed than gold miners to cope with the "Eskom shock" factor but both are going to suffer. Read >

Medupi start-up muddle

by Brendan Ryan | 08-DEC-09 | 5 comments

UPDATED - Exxaro Resources says operations at Eskom’s Medupi power station will start six months behind schedule - but the power utility insists there will be no delay. Read >

Eskom loses power monopoly

by James-Brent Styan | 04-DEC-09 | 1 comments

The South African government has opened the door for independent power producers by announcing a new national resource plan. Read >

S.African power problems loom

by James-Brent Styan | 02-DEC-09 | 1 comments

South Africans can expect renewed power supply problems from 2011, Eskom has warned. Read >

New power station much pricier

by James-Brent Styan | 01-DEC-09 | 1 comments

The cost of a new Eskom power station has apparently climbed by R100bn in three years. Read >

Eskom lowers tariff request

by Reuters | 01-DEC-09 | 0 comments

The National Energy Regulator of South Africa says power utility Eskom has lowered its request for an increase in tariffs. Read >

Eskom may revise tariff proposal

by Allan Seccombe | 30-NOV-09 | 1 comments

South African power utility Eskom prepares to revise down its tariff hike proposal after its initial suggestion of an annual 45% over three years provoked howls of dismay from across all sectors. Read >

Eskom wants IPP deals: Hogan

by I-Net Bridge | 24-NOV-09 | 0 comments

Eskom wants to buy electricity from independent power producers but is held up by energy department snags, says Private Enterprises Minister Barbara Hogan. Read >

S.African state's nuclear decision urgent

by James-Brent Styan | 23-NOV-09 | 0 comments

South Africa will be unable to build a new nuclear power station unless government signs guarantees for its funding. Read >

Eskom and the mining industry

by Brendan Ryan | 20-NOV-09 | 0 comments

It would be tragic if South African misses out on the next commodities boom because of Eskom, where a board room battle has damaged investor sentiment. Read >

Eskom puts Kusile contracts on hold

by Sapa | 19-NOV-09 | 1 comments

South African energy utility Eskom puts contracts on hold at its Kusile power station because of revenue uncertainty. Read >

Eskom after Maroga, Godsell

by Jan de Lange | 17-NOV-09 | 3 comments

Enormous challenges await the new bosses of Eskom, writes Jan de Lange. Read >

Godsell gone for good from Eskom

by Sikonathi Mantshantsha | 16-NOV-09 | 0 comments

Bobby Godsell, the former Eskom chairperson, has confirmed there is no chance of him resuming his duties at the strife-torn electricity utility. Read >

We want Godsell at Eskom - Hogan

by Reuters | 13-NOV-09 | 0 comments

Barbara Hogan, minister of public enterprises, wants Bobby Godsell to reconsider his resignation as chairman for troubled power utility Eskom. Read >

We've got management depth - Bristow

by | 12-NOV-09 | 0 comments

Mark Bristow addresses concerns about managing a long pipeline of development projects. Trans Hex and Eskom are also featured. 12:26 Read >

Maroga definitely out - Eskom board

by Sikonathi Mantshantsha | 12-NOV-09 | 1 comments

Eskom hopes to appoint a new CEO within three months after the board confirms Jacob Maroga is no longer in that position, bringing an end to a bitter leaderhip struggle at the power utility. Read >

High noon for Eskom

by Miningmx reporter | 12-NOV-09 | 0 comments

Eskom is to lift the veil of secrecy over the acrimony of the last seven days in which its top execs have quit the company. Read >

S.Africa to reject Eskom hike plan - AngloGold

by Reuters | 12-NOV-09 | 0 comments

AngloGold Ashanti says South Africa's government is likely to reject an Eskom power hike plan. Read >

Eskom: Principle vs power

by Jan de Lange | 10-NOV-09 | 4 comments

What lies at the heart of Bobby Godsell's departure from Eskom and the spat around whether Jacob Maroga stay on as CEO? Jan de Lange takes a look. Read >

Godsell quits Eskom, Maroga back

by Sikonathi Mantshantsha & wires | 09-NOV-09 | 2 comments

Eskom chairman Bobby Godsell has resigned after Jacob Maroga, the embattled CEO, returned to work. Read >

Eskom in dispute with coal suppliers

by Reuters | 09-NOV-09 | 1 comments

Eskom is in dispute with coal suppliers. Read >

Wesizwe shareholders demand answers

by Miningmx | 07-NOV-09 | 0 comments

Wesizwe shareholders are demanding answers and the directors who voted out CEO Mike Solomon may soon have to explain their actions. Meanwhile, Eskom and the mines minister are up to their old tricks. Read >

Rail study starts into Waterberg coal line

by Brendan Ryan | 04-NOV-09 | 0 comments

A feasibility study will be conducted next year by Transnet into a R3.9bn project to up capacity of the rail line linking Witbank to the Waterberg coal field. Read >

Eskom failed to fill key posts

by Sapa | 02-NOV-09 | 1 comments

A confidential Eskom report shows a vacancy rate of 50% in key posts during the load-shedding crisis, South African opposition party, the Democratic Alliance, says. Read >

Gold bosses highlight power price concerns

by | 02-NOV-09 | 1 comments

Gold companies are very concerned about the proposed power tariff increase Eskom has unveiled, warning of potential job losses. Read >

Eskom concerns foreign investors

by Jana Marais | 02-NOV-09 | 1 comments

The availability and cost of electricity supply, skills and transport infrastructure cause the greatest concern when persuading investors to invest in South Africa. Read >

AngloGold warns on power costs

by Allan Seccombe | 02-NOV-09 | 2 comments

UPDATED - Eskom's proposed 200% power tariff increase will push up AngloGold Ashanti's South African costs by 15-25% in three years, forcing an accelerated review of its operations. Read >

Eskom's CEO asked to quit

by Reuters | 30-OCT-09 | 3 comments

The board of South African power utility Eskom has asked chief executive Jacob Maroga to resign. Read >

Eskom may sink Gold Fields' rerating plans

by Allan Seccombe | 29-OCT-09 | 1 comments

Gold Fields' Nick Holland reckons the company can narrow the rating gap with its North American peers, but much depends on South African power utility Eskom's pricing model. Read >

Gold Fields warns on power price consequences

by Allan Seccombe | 29-OCT-09 | 1 comments

Gold Fields says proposed South African power tariff hikes will have a significant impact on its business and hopes the government will find alternatives to the increases which could have far-reaching consequences. Read >

Eskom may cripple DRD's Blyvoor ops

by Brendan Ryan | 22-OCT-09 | 2 comments

Power utility Eskom’s massive proposed tariff increases could spell the end of underground operations at Blyvooruitzicht mine, says DRDGOLD CEO Niel Pretorius. Read >

Eskom must prove competence

by Jan de Lange | 19-OCT-09 | 0 comments

Nersa should insist that Eskom prove its competence in terms of expenditure, before the tariff hike is approved, writes Jan de Lange. Read >

Rio scraps S.Africa aluminium plans

by Miningmx reporter | 15-OCT-09 | 8 comments

Rio Tinto scraps its plans to build an aluminium smelter in South Africa because of the electricity shortage in the country and the prospects of higher tariffs. Read >

Eskom disappoints IPPs again

by Brendan Ryan | 13-OCT-09 | 0 comments

Independent power producers hoping for Eskom business could face further delays depending on how long the approval process takes over the latest application for higher power tariffs. Read >

Eskom wants 45pct/year hike

by Brendan Ryan and Allan Seccombe | 13-OCT-09 | 4 comments

South African power utility Eskom wants three price hikes of 45% per year for the next three years. Read >

Ipsa struggles to repay debt

by Ines Schumacher | 30-SEP-09 | 0 comments

Independent power producer Ipsa is unable to repay a R187m Standard Bank loan due on Friday after being put on hold by Eskom for the past year. Read >

Exxaro sees 200 MW co-gen potential

by Reuters | 16-SEP-09 | 0 comments

Exxaro has identified the potential to generate up to 200 MW of power through co-generation plants at its mining and sands operations. Read >

SA to revisit smelter power contracts

by Reuters | 15-SEP-09 | 0 comments

South Africa's government wants to renegotiate long-term power supply agreements with smelters, particularly BHP Billiton, which runs aluminium smelters in the country. Read >

Eskom CEO 'paid his worth'

by Sikonathi Mantshantsha | 14-SEP-09 | 3 comments

Eskom's board has rewarded CEO Jacob Maroga with a 26.7% salary increase, considerably more than the 10.5% the rest of the power utility's workforce received. Read >

Botswana endorses Mmamabula plan

by I-Net Bridge | 11-SEP-09 | 0 comments

The $3bn Mmamabula Energy Project is seen as a project of great national economic significance for Botswana. Read >

Eskom CEO 'ignored' warnings

by Jan de Lange | 11-SEP-09 | 1 comments

Eskom Chief Executive Jacob Maroga had been warned that the utility was heading for a coal crisis, six months before the power crisis paralysed the country last year. Read >

'Eskom can't manage money'

by Jean-Marie de Waal | 10-SEP-09 | 1 comments

Serious allegations of mismanagement, including the "disappearance" of 400 000 tons of coal, have been levelled at Eskom. Read >

Coal transport under scrutiny

by Brendan Ryan | 08-SEP-09 | 1 comments

Despite the strategic aim of getting more coal onto rail many South African coal producers may have to "keep on truckin" which poses serious safety risks. Read >

Eskom plan needs back-up

by Brendan Ryan | 07-SEP-09 | 1 comments

An Eskom official says the power utility’s new build construction programme will not meet all SA’s future energy needs. Read >

'Eskom is not well managed'

by James Monteiro and Ines Schumacher | 28-AUG-09 | 12 comments

The resources industry is abuzz with speculation that SA may be struck by another wave of power cuts, and that power utility Eskom will demand further hikes. Read >

Eskom's strategic straitjacket

by Brendan Ryan | 27-AUG-09 | 7 comments

Eskom's financial position is not actually that bad but it's in a strategic straitjacket because of the continuing impasse with government on future power tariffs. Read >

Eskom to review power deals

by Brendan Ryan | 27-AUG-09 | 2 comments

Power utility Eskom wants to renegotiate the electricity supply contracts signed with BHP Billiton but this may compromise future aluminium smelter projects. Read >

Eskom 'has to double prices'

by Sikonathi Mantshantsha | 26-AUG-09 | 1 comments

While Eskom is expected to announce a huge financial loss on Thursday, an expert said the power utility must at least double its electricity prices to remain viable. Read >

Waterberg coal for Witbank power stations

by Brendan Ryan | 20-AUG-09 | 2 comments

Eskom could need around 30mt of coal to be supplied annually from mines in the Waterberg to keep its existing Mpumalanga power stations going. Read >

Eskom's coal conundrum

by James-Brent Styan | 19-AUG-09 | 0 comments

Eskom's short-term coal contracts expire early next year, but the utility says it will be unable to manage without this expensive source of supply until 2018. Read >

Eskom's "disaster" decision

by Brendan Ryan | 18-AUG-09 | 6 comments

Eskom should not have stalled plans to build the country's next nuclear power station says former CEO Ian McRae. Read >

Ex-CEO slams Eskom board

by Brendan Ryan | 17-AUG-09 | 11 comments

In a blistering attack, Eskom’s former CEO Ian McRae has accused the power utility’s board of lack of vision and of “kowtowing” to government. Read >

ANC shuts out Eskom

by Jan de Lange | 13-AUG-09 | 0 comments

Eskom will be excluded from the process of establishing private power producers, the ruling ANC has decided. Read >

Major Eskom projects on hold

by Sapa | 12-AUG-09 | 1 comments

Eskom mothballs five projects worth more than R54bn, raising the threat of a future power crisis. Read >

SA urgently needs a coal strategy

by James-Brent Styan | 11-AUG-09 | 0 comments

The Mpumalanga coal fields, long the base for South African electricity generation, will not be able to supply Eskom's power plants for the rest of the useful lives. Read >

SA power strike threat hits platinum

by Reuters | 06-AUG-09 | 0 comments

A strike threat at South African power utility Eskom has driven up platinum and palladium prices and pushed the rand to a three-week low. Read >

Eskom versus IPPs

by Brendan Ryan | 29-JUL-09 | 2 comments

Eskom's recent actions against two independent power producers have been likened to "shooting the hostages" and there could be serious repercussions in the medium term. Read >

Eskom frustrates Ipsa

by Brendan Ryan | 23-JUL-09 | 1 comments

After yet another Eskom delay, frustrated independent power producer Ipsa wants to sell power directly to the private sector without dealing with the SA power utility Read >

Eskom stalls CIC Energy again

by Brendan Ryan | 17-JUL-09 | 2 comments

Eskom has told TSX-listed CIC Energy it is not yet in a position to commit to the purchase of power from an independent power producer. Read >

Unions declare Eskom dispute

by Reuters | 16-JUL-09 | 0 comments

Trade union Solidarity says unions declare wage dispute with Eskom. Read >

SA's power credibility suffers

by Francois Williams | 13-JUL-09 | 1 comments

Repeated setbacks experienced by independent power producers in SA have dented the country's global reputation. Read >

Mining industry faces R2bn extra costs

by Miningmx reporter | 26-JUN-09 | 1 comments

Chamber of Mines estimates Eskom's approved 31.3% electricity hike will add an extra R2bn in costs to the mining industry. Read >

Eskom granted 31.3% tariff increase

by Reuters | 25-JUN-09 | 0 comments

South Africa's power regulator granted Eskom a 31.3% tariff rise for the 2009-10 financial year, falling just short of the power firm's request for 34%. Read >

'Coal firms choke Eskom'

by James-Brent Styan | 09-JUN-09 | 2 comments

Coal companies are exploiting Eskom and ordinary consumers are having to foot the bill, the National Energy Regulator hears. Read >

Burnstone power supply secured

by I-Net Bridge | 08-JUN-09 | 0 comments

Eskom has undertaken to supply power to Great Basin Gold's Burnstone mine project, relieving an ongoing concern to the company and its investors. Read >

Eskom applies for 34% tariff hike

by Reuters | 15-MAY-09 | 0 comments

The National Energy Regulator has received an interim price increase application from Eskom requesting a 34% nominal price increase. Read >

Rio Tinto still keen on Coega

by Brendan Ryan | 10-FEB-09 | 0 comments

Rio Tinto is still keen on building the Coega smelter despite comments made last year by CEO Tom Albanese which seemed to have canned the proposed aluminium smelter project. Read >

Eskom kicks in for road repairs

by Brendan Ryan | 10-FEB-09 | 0 comments

Eskom will contribute R550m to the SA government's total budget of R22bn to improve the country's road network according to minerals and energy minister Buyelwa Sonjica. Read >