Future of coal industry in SA is bright – Minerals Council SA

‘The coal sector remains key to the country’s development and industrialisation,’ Minerals Council spokesperson Charmaine Russell said.

According to Business Day newspaper this week, Anglo CEO Mark Cutifani said the company’s thermal coal future was limited, with a strategy on its future coal operations due in the next year. “At the outset, let me indicate that we do not comment on the activities of particular companies,” said Russell.

“Currently, the coal sector remains key to the country’s development and industrialisation and South Africa has sizable world-class reserves. More than 80% of SA’s energy is directly sourced from coal and coal is still among the cheapest energy carriers, even after incorporating clean coal technologies.”

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ArcelorMittal SA interim earnings down by R650mAMSA will release its interim results for the first six months later this week. Does anyone know if PIC invested in them?
منبع: TheCitizen_News - 🏆 6. / 75 ادامه مطلب »

SA population grows: StatsSA Report - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Statistics South Africa’s latest mid-year population estimates for 2019, released on Monday, has revealed that the nation has grown to 58,78 million people, up from 57,73 in 2018. According to the report, there are more females than males in South Africa in 2019. Of the total population, females account for 51% of the population (30.1M) …
منبع: SABC News Online - 🏆 32. / 51 ادامه مطلب »