how much does eskom pay exxaro for coal

Average Exxaro Resources Salary - PayScale

Eskom. 3.3. ACTOM. 3.6. ... Coal Mining. How much does Exxaro Resources pay? Exxaro Resources pays its employees an average of $60,095 a year. Exxaro …

Eskom pays for coal it can't use | Business | M&G

Eskom won't be able to claw back the approximately R2-billion it has paid in penalties to mining company Exxaro under a coal supply agreement for the long-delayed Medupi power station.

Eskom paid Gupta mine millions for coal it couldn't even ...

Eskom forked out more than R130 million to a Gupta-owned mining company for coal the power utility couldn't even use, according to a report in the Sunday Times, citing a National Treasury ...

Exxaro increases total coal production - BusinessLIVE

Exxaro increased its total coal production 4.7% to 22.4-million tonnes in the six months to end-June from the matching period in 2016, the mining group said in a production update on Monday morning.

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

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 …

EDITORIAL: Eskom coal a burning issue - BusinessLIVE

And although large companies including Exxaro, Anglo and Glencore account for the bulk of the 120-billion tonnes a year of coal that Eskom consumes, many existing contracts expire in the next few ...

South Africa: Exxaro's Coal Fight With Eskom Heats Up ...

Exxaro said if Eskom does not extend its contract, the power utility will be under obligation to pay the outstanding amounts to fulfil all its mine closure obligations as agreed in the coal supply ...

Eskom leadership crisis may damage security of coal supply

He didn't believe Eskom would suffer much of a coal supply deficit. It's not a view shared by Exxaro Resources CEO, Mxolisi Mgojo, whose company has taken a concerted effort to reduce its exposure to Eskom-related business.

Eskom, Exxaro in dispute over BEE level - Online Tenders

Eskom, Exxaro in dispute over BEE level Eskom and Exxaro Resources are set to meet over Eskom's concerns about a drop in the JSE-listed mining company's black ownership from 50.19 percent to …

Exxaro needs funds for Matla expansion | IOL Business Report

Johannesburg - Exxaro Resources is in talks with Eskom to obtain more funds to further develop its Matla coal mine after the electricity provider changed the model it uses to obtain the fuel for ...

Eskom must pay for Arnot shutdown - Exxaro | Fin24

"Eskom is deeply concerned about the recent media reports regarding the potential closure of the Arnot coal mine and the resultant job losses that might follow if Eskom does not extend Exxaro's contract to supply coal to the Arnot power station.

Eskom must pay for mine - Exxaro | IOL Business Report

"Exxaro's revised coal-supply agreement contract that was submitted to Eskom in February 2016 promises to halve the costs per ton for Eskom, but lacks substance and commitment on their part.

how much does eskom pay exxaro for coal? - crusherasia.com

From whom is Eskom procuring its coal stock, (b) how much coal …. From whom is Eskom procuring its coal stock, (b) how much coal is procured from each company for each power station. 19/02/2010. ... § Exxaro Coal (Pty) Ltd (Exxaro)

Currently Millwright Vacancies In Exxaro - mbokodoinns.co.za

Exxaro is a South African based mining group, listed on the JSE Limited Exxaro has a diverse and world class commodity portfolio in coal, mineral sands, …

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.

Eskom statement on coal contract | Coal Mining | Coal

Eskom refutes allegations of "blindsiding" Exxaro in the Arnot coal contract Sunday, 12 June 2016: Despite a sensationalist headline titled "How Eskom bailed out the Guptas", the City Press newspaper offers no evidence to support its wild allegations.

Eskom Campaign - OUTA

Electricity Total installed electricity capacity (2009): ~43.5 GW In 2010, ESKOM had a generating capacity of 44,175 MW, with some 86% of this capacity in place at the company's coal …

Average Exxaro Resources Salary - PayScale

Eskom. 3.3. ACTOM. 3.6. ... Coal Mining. How much does Exxaro Resources pay? Exxaro Resources pays its employees an average of $60,095 a year. Exxaro Resources …

Eskom must pay for coal mine shutdown: Exxaro | DESTINY ...

On 8 September, Eskom advised Exxaro that the 40-year CSA would terminate at the end of the year and instructed Exxaro to start the process of closure of the Arnot Coal Mine.

Local community chokes Eskom coal supply - steelguru.com

Fin24 com reported that Exxaro's North Block Complex coal mine, near Belfast in Mpumalanga, has stopped transporting coal to Eskom power stations due to a blockage by disgruntled local residents.

How Eskom paid billions more for coal after ignoring early ...

Eskom is contractually obliged to pay for capital costs. ... needed capital costs despite being contractually obligated to do so. This forced Exxaro to reduce coal supplies from 4 million tons to ...

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

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 …

Eskom gets Gupta-owned coal supply, cancels Exxaro contract

Eskom gets Gupta-owned coal supply, cancels Exxaro contract. ... Eskom spokesman Khulu Phasiwe said Arnot has been sourcing coal from other suppliers since the Exxaro contract expired, but said he had "no information" on the arrangement with Optimum. ... Tegeta agreed to pay about 2.15 billion rand ($132 million) for Optimum, which has a ...

how much does eskom pay exxaro for coal - bondhumahal.in

Executive head of Exxaro's coal ... after Eskom refused to pay the capital cost of replacing the ... Miningmx is a digital publication which provides independent ... Contact Supplier Around 1,700 Exxaro employees could lose jobs - EWN.

Exxaro's coal fight with Eskom heats up | DESTINY MAN

Exxaro said if Eskom does not extend its contract, the power utility will be under obligation to pay the outstanding amounts to fulfil all its mine closure obligations as agreed in the coal supply ...

How Eskom paid bil­lions more for coal ... - PressReader

Eskom is con­trac­tu­ally obliged to pay for cap­i­tal costs. ... fus­ing to fund other ur­gently needed cap­i­tal costs de­spite be­ing con­trac­tu­ally ob­li­gated to do so. This forced Exxaro to re­duce coal sup­plies from 4 mil­lion tons to 1.8 mil­lion tons, dra­mat­i­cally push­ing up the cost per ton to more than ...

The Gupta Effect: Eskom's coal crisis worsens – Yelland ...

Eskom's has massive stockpiles of about 20-million tons of coal at Medupi as a result of power plant's late completion and Eskom's "take-or-pay" coal supply contract with the adjacent Exxaro Grootegeluk coal …

Exxaro's Eskom contract is in jeopardy - BusinessLIVE

Eskom has threatened to stop buying coal from Exxaro if it is no longer more than half black-owned. "Eskom notes media reports that Exxaro's black shareholding could be reduced to about 30% ...

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.

Brown names Eskom's 27 coal suppliers | Fin24

Cape Town - The names of the 27 companies providing coal to Eskom's coal-fired power stations have been provided to Members of Parliament by Public Enterprises Minister Lynne Brown, but she has declined to divulge the prices paid to each of these companies for their supplies.

Exxaro to supply Eskom with coal? - ewn.co.za

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 ...

How Exxaro should reply to Eskom's ideological claptrap ...

IF there is one mining company in a position to tell Eskom precisely what to do with its demand for 51% black ownership and counter the state-owned utility's politically-driven ideology with business reality it is Exxaro Resources.