Eskom CEO must keep coal contracts or resign: NUM. ... with 546 employees at Exxaro Arnot Coal Mine," said ... afford to pay R900 per ton of coal it ...
Management of coal producer Exxaro delivered a pleasant ... Koppeschaar said Exxaro, which is Eskom's ... Patrice Motsepe's African Rainbow Minerals to pay ...
How Much Does Eskom Pay Exxaro For Coal. SABC News Exxaro Eskom s contract with Exxaro a company that owns Arnot Coal mine in Union of Mineworkers will strike in the crucial coal industry from Sunday ..... more
It's not all doom and gloom for Exxaro. The utility says it can also bid to become a supplier for the Arnot power station. But the utility says it can no longer afford to pay R900 per ton for the miners' product. Eskom has been on a costsaving drive since the arrival of new CEO Brian Molefe. eNCA
Arnot colliery: Exxaro defends its stance against Eskom CSA. ... Eskom also has to pay all costs associated with ... Eskom to terminate Exxaro's Arnot coal supply ...
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On Thursday, Exxaro Resources and Eskom exchanged words over the expired Arnot Coal Mine contract. Dissatisfied with the high price of coal, the financially embattled Eskom ended its 40year coal supply contract on 31 December. Since then, Exxaro has shut down its operation at the mine, affecting 1 800 jobs.
You will pay to bail out Eskom ... to the mining company Exxaro under a coal supply agreement for the ... will have to pay for Eskom's inefficiencies ...
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The latest salvo in the war between Exxaro and Eskom over the closure of Arnot Mine...
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As far as Exxaro is aware Eskom. does no make prepayments to any other major miners in the industry. The socalled prepayment to Tegeta for coal is the only instance to our knowledge where such socalled prepayment was made," Mgojo said.
South Africa's power utility Eskom said on Tuesday it was seeking coal bids ... Eskom to cancel Exxaro coal supply ... to pay 900 rand a tonne for coal, ...
Eskom's motivation for terminating the contract was that Arnot mine supplied coal to the power station at "R90000 per tonne": As mentioned earlier, Exxaro and Eskom disagreed on the date of termination of the CSA.
... a joint venture between Exxaro and Anglo American that mines coal ... Eskom to pay another company for its coal. ... coal a month. "What Eskom decided to do ...
Analysis: The Future of Eskom and South Africa's ... a 40year agreement with Exxaro to supply coal on a "costplus" agreement ... the law to pay Guptas ...
Eskom did not have a contractual obligation to pay Optimum Coal Mine as asserted by the ... Tegeta paid in full, on time: Eskom. October ... Exxaro requested ...
Apr 01, 2010 · They pay their workers in rands, they pay Eskom in rands, and so on. ... Exxaro signs deal with Eskom to supply coal to Medupi. Wednesday, 31 Mar 2010
Background to the Arnot power station coal supply. Exxaro Arnot Colliery had a contract with Eskom to supply coal to Arnot Power Station for 40 years. This contract expired in December 2015. The cost of coal at expiry was R1,132/ton.
Eskom won't be able to claw back the approximately R2billion it has paid in penalties to mining company Exxaro under a coal supply agreement for the longdelayed Medupi power station. This is according to Exxaro, which received just under and R352million in penalties from Eskom, in 2013 and 2012 respectively.
BACKGROUND TO ARNOT POWER STATION COAL SUPPLY. Exxaro Arnot Colliery had a contract with Eskom to supply coal to Arnot Power Station for 40 years. This contract expired in December 2015. The cost of coal at expiry was R1132/ton.
Exxaro announced on Tuesday that it would initiate "appropriate activities" following Eskom's decision to allow the termination of a coal supply agreement (CSA ...
Job cuts loom as Exxaro mulls closure | Fin24. Johannesburg South African coal miner Exxaro Resources [JSE:EXX] said on Thursday it is considering shutting down its ...