The CEO of Eskom Rotek Industries has resigned from his position and is to leave Eskom at the end of this month.
The requirement for the amendment arose on completion of the revised Makhado Project plan, whereby saleable coal will be transported to the Musina rail siding by road instead of rail.
Sedgman has won a contract for the EPC and O&M at South Africa’s Boikarabelo coal handling and preparation plant.
MC Mining Ltd (MCM) has reported its production results for the second quarter of 2018, with a key highlight being an 11% increase in revenue at its Uitkomst colliery compared to the same quarter in 2017.
The facility will form part of the funding of Eskom’s build programme and, specifically, the Kusile power plant.
Coal mining company Universal Coal has increased expected EBITDA for FY2018 by 27%, up to AUS$70 million.
Eskom has absorbed ZAR 57 billion of costs over the period of the RCA applications, and has proposed a further ZAR 4.6 billion reduction.
“Ensuring our colleagues return home safely and unharmed at the end of every day must be our industry’s upper most priority,” says The Chamber of Mines.