IOL – State electricity company Eskom has asked the National Energy Regulator of South Africa (Nersa) to grant it an additional three percent annual increase for the years 2020 - 2022 to help recoup losses on its Regulatory Clearing Account.
MiningMx – A combination of short-term and long-term coal procurement contracts would restore the integrity of Eskom’s primary power supply, a strategy that would include the recapitalisation of at least two of its fixed-cost coal suppliers in a return to the model, the utility said.
Reuters – It seems coal miners are adopting one of two disparate strategies, either exit the business in a highly visible way to buff up your climate credentials, or sit tight, keep as quiet as possible and rake in the cash.
FIN24 – Cape Town - The global drive towards lower carbon emissions and regulations addressing climate change are among the challenges to the coal mining sector, according to research by the Chamber of Mines.
Minerals Council – The Chamber of Mines Coal Leadership Forum, consisting of coal executives, commissioned a report to determine what needs to be done to increase the profile of the coal mining industry in the face of seemingly ineluctable negative public opinion around the use of coal in industrial processes.
