News

South Africa's Wescoal to break ground at new coal mine in Feb – CEO

(Reuters) – South Africa’s Wescoal expects to break ground in February at its greenfield Moabsvelden project, with the mine expected to supply Eskom’s Kusile power plant with 3 million tonnes of coal a year at its peak, the CEO said on Thursday.

Reginald Demana, group chief executive at Wescoal — which is largely focussed on domestic supply to state-owned power utility Eskom — was speaking at a southern Africa coal conference in Cape Town.

Reporting by Wendell Roelf; Editing by Tim Cocks and David Evans

Source: Reuters.com © 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.

Follow us:
Visited 8 times