Competition in the coal industry is influenced by the small number of mines that have to meet the high demand for coal. The large coal mining groups therefore have a firm grip on the industry, and while Eskom is struggling to keep up with its R440bn debt burden, its bargaining power has dropped to a..
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Eskom could be facing yet another corruption scandal with regards to the high demand of coal
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World’s largest platinum mine group, Amplats production stalled and lots R1.6bn in revenue due to load shedding
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Eskom’s load shedding in recent months had Anglo American Platinum (Amplats) in a position that it couldn’t produce. The mining group could not extract the 92,000 ounces of metal that would normally be delivered in the first quarter of the year. With platinum prices based on the average of recent months, this means that load..
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