1. Hot

    Exxaro to supply Eskom with coal? - Eyewitness News

    JOHANNESBURG - Exxaro says it's looking to supply coal to Eskom, which has been hit by supply shortages, posing a threat to South Africa's power supply.. Eskom, which has fewer than 20 days of ...

  2. Hot

    Eskom and Coal Suppliers on coal supply security and ...

    Eskom and Coal Suppliers on coal supply security and quality of coal supplied to Eskom. ... Representatives from four mining groups then spoke about their coal production and their supply of coal to Eskom. These groups were Xstrata Coal, eXXaro, BHP Billiton and Anglo American Thermal Coal. ... and should not have to pay a management fee.

  3. Hot

    Mgojo takes Exxaro into a carpe diem strategy as coal ...

    Jul 05, 2019· "W E have enough coal for the next 50 years but the question is this: how much time do we have left in which to exploit it?" That is the fundamental business situation facing Exxaro Resources as laid out by CEO, Mxolisi Mgojo. As he grasps this thorn in order to secure the group's long-term future, Mgojo has embarked on a radical new strategy which will reshape Exxaro's existing ...

  4. Hot

    Exxaro CEO slams idea of Eskom's prepayment agreements | …

    Feb 14, 2018· READ: Five takeaways from Koko's testimony at the Eskom Inquiry "Exxaro has not at any point in time received any prepayments or prepurchases of any nature, including in relation to coal or for capital," he said. "As far as Exxaro is aware, Eskom does not make prepayments to any other major miners in the industry.

  5. Hot

    Eskom refutes allegations of "blindsiding" Exxaro in the ...

    As far as the Arnot coal supply contract is concerned, the City Press has deliberately downplayed the fact that Exxaro had a 40-year contract with Eskom for the supply coal to the Arnot power station. The contract was not cancelled as has been insinuated, it actually expired at the end of December last year.

  6. Hot

    Angry community chokes Eskom coal supply | Fin24

    Jun 10, 2018· Mthenjane did not respond to a question about how much coal had been stockpiled at NBC. Phasiwe said Eskom and Exxaro concluded a coal contract in April 2010, which expired in December. "In that contract, the transportation was split between Eskom-contracted transporters (70%) and Exxaro NBC mine-contracted transporters (30%).

  7. Hot

    South Africa's Exxaro offers to fill Eskom's coal deficit ...

    Oct 15, 2018· South African miner Exxaro Resources is ready to supply coal to state-owned power utility Eskom, as mines which supply coal to the utility's 15 large power stations no longer deliver enough feedstock to cover demand. Exxaro told Reuters in an interview on Friday that an offer has been made to Eskom.

  8. Hot

    how much does eskom pay exxaro for coal?

    The Blackout scam- How workers are subsidizing big capital · DOC [Capital does not really pay as they merely raise prices and pass the burden once again onto the working class]. ...Eskom and Exxaro agree on coal supply ...

  9. Hot

    Eskom says it will not pay more for coal from Optimum mine

    Apr 30, 2018· Eskom says it will not pay more for coal from Optimum mine ... "Discussions with Eskom's attorneys indicate that the power utility is willing to pay up to R450 per tonne of coal …

  10. Hot

    Eskom to cancel Exxaro coal supply contract - Moneyweb

    Dec 01, 2015· Eskom Holdings will let its contract to get coal from Exxaro Resources' Arnot coal mine expire because the South African power utility considers the cost of the fuel coming from the operation ...

  11. Hot

    Exxaro pays R6.3bn in dividends as investments stand tall ...

    Aug 22, 2019· EXXARO Resources passed through income from investments in the six months ended June paying a total of R6.32bn in dividends, including a R3.2bn special dividend from the sale of shares in Tronox, a New York-listed mineral sands company. The dividend payments translate into an interim dividend of 864 South African cents (2018 H1: 530c/share) whilst […]

  12. Hot

    How Much Does Eskom Pay Exxaro For Coal

    Much Does Eskom Pay Exxaro For Coal Much Does Eskom Pay Exxaro For Coal Why Molefe is a threat - Uncensored The top four coal suppliers are Anglo, Exxaro, South 32 and Glencore and assets but the . know more. Get Price And Support Online; South Africa's Eskom Gets Workaround to Tackle Coal .

  13. Hot

    Average Exxaro Resources Salary in South Africa | PayScale

    Nov 20, 2019· The average salary for Exxaro Resources employees in South Africa is R400,334 per year. Visit PayScale to research Exxaro Resources salaries, bonuses, reviews, benefits, and more!

  14. Hot

    Eskom gets Gupta-owned coal supply, cancels Exxaro contract

    Eskom gets Gupta-owned coal supply, cancels Exxaro contract 29th January 2016 29th January 2016 by Stuart Lowman The seeds to this story started back when Eskom pulled a supply deal at the last minute with Glencore-owned Optimum Coal at the time.

  15. Hot

    Average Eskom Salary in South Africa | PayScale

    Nov 28, 2019· The average salary for Eskom employees in South Africa is R410,882 per year. Visit PayScale to research Eskom salaries, bonuses, reviews, benefits, and more!

  16. Hot

    Lela Mobile Online - Exxaro's coal fight with Eskom heats up

    "Exxaro has the option to continue with the mine without an Eskom contract, which would save jobs," said Matshela Koko, Eskom's head of generation. "Exxaro's revised coal-supply agreement contract that was submitted to Eskom in February 2016 promises to halve the costs per tonne for Eskom, but lacks substance and commitment on their ...

  17. Hot

    Eskom must pay for mine - Exxaro | IOL Business Report

    Mar 04, 2016· Eskom must pay for mine - Exxaro. ... Therefore, in terms of the coal supply agreement, Eskom is required to provide the capital to fund sustaining and expansion expenditure to the mine," Exxaro ...

  18. Hot

    You will pay to bail out Eskom | Business | Business | M&G

    You will pay to bail out Eskom. ... to the government for additional funding to pay its spiralling bills. ... penalties to the mining company Exxaro under a coal supply agreement for the long ...

  19. Hot

    How Eskom is transforming the R100bn-plus coal mine industry

    As part of this, Eskom has a Cost-Plus contract with Exxaro for the supply of coal to Arnot Power Station which expires at the end of this month (31 December 2015). Exxaro has not provided financially viable supply options for post-December 2015 that compare favourably to other alternatives.

  20. Hot

    Eskom to splurge on trucking coal to power stations

    Cash-strapped Eskom may pay as much as R100m a month in a desperate bid to truck coal stockpiles from Limpopo to supply two power stations in Mpumalanga, 400km away.

  21. Hot

    Medupi Power Station - SourceWatch

    The 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. While Eskom have embarked on a major construction program, it has encountered difficulties with the Medupi power station.

  22. Hot

    Eskom in coal price suicide as demand spurs costs | IOL ...

    Aug 20, 2019· JOHANNESBURG – The surge in Eskom's coal price is of the company's own doing, a senior coal analyst at XMP Consulting, Xavier Prévost, has said, as the struggling utility expects to pay ...

  23. Hot

    Exxaro's coal fight with Eskom heats up | Fin24

    "Exxaro has the option to continue with the mine without an Eskom contract, which would save jobs," said Matshela Koko, Eskom's head of generation. "Exxaro's revised coal-supply agreement contract that was submitted to Eskom in February 2016 promises to halve the costs per tonne for Eskom, but lacks substance and commitment on their ...

  24. Hot

    Eskom, Exxaro in dispute over BEE level | IOL Business Report

    Dec 06, 2016· Eskom, Exxaro in dispute over BEE level. ... Exxaro is one of Eskom's biggest coal suppliers. Eskom said it would seek a meeting with Exxaro "in …

  25. Hot

    Eskom promises to provide R1.8bn to Exxaro's Matla - Miningmx

    Jun 28, 2016· EXXARO Resources said Eskom would provide R1.8bn 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 expansion plans for Matla and had, about […]

  26. Hot

    Exxaro to send test train from Grootegeluk in bid to ease ...

    Mar 14, 2019· EXXARO Resources will send a "test train" carrying coal to Eskom power stations in Mpumalanga province from its Waterberg operations in the Limpopo province in an effort to relieve pressure on the utility's coal procurement requirements and whilst technical problems at Medupi power station restrict contracted coal deliveries. "Eskom did not take as much coal […]

  27. Hot

    How Eskom bailed out the Guptas | City Press

    How Eskom bailed out the Guptas. Susan Comrie ... Eskom awarding a permanent supply contract to replace a 40-year-old Exxaro contract that expired at the end of 2015. ... Eskom buys the same coal ...

  28. Hot

    Eskom 'paid Tegeta in advance for coal supply' | IOL ...

    Jun 13, 2016· Johannesburg - South Africa's electricity utility paid in advance for coal supplied by a Gupta family-controlled company to guarantee supplies to a power plant before winter, an Eskom …

  29. Hot

    Exxaro waiting on Eskom which agrees to fund entire Matla ...

    Nov 27, 2019· A figure of R1.8bn was finally agreed by Eskom last year, but Exxaro said today in an update that Eskom would pay for the whole development of new mining areas. Exxaro said that the capital could not be optimised on Matla mine 1 "… without jeopardising deliverables under the coal supply agreement".

  30. Hot

    Exxaro waiting on Eskom approvals after utility agrees to ...

    EXXARO Resources said it was waiting on Eskom to approve revised funding for the development of new coal resources at its Matla mine after it was decided the utility should cover all costs of the project.. Matla supplies Eskom's Matla power station, but production has been on the wane for several years after previous management at the utility nixed re-investment.

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