Thungela expects coal prices to double annual profit
South Africa’s thermal coal exporter Thungela Resources expects its full-year profit to double, it said on Thursday, as demand and higher prices for the fossil fuel offset the negative…
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Thungela
Thungela to trade 4m shares for remainder of Anglo American Inyosi Coal
JSE-listed thermal coal producer Thungela Resources says it has come to an agreement with BEE partner Inyosi Coal to trade 4.2 million of its shares for a 27% stake in Anglo American Inyosi…
[TOP STORY] The coal crisis deepens while Thungela scores
SIMON BROWN: I’m chatting now with Bruce Williamson. He is from Integral Asset Managers. Bruce, I appreciate the early morning time. I’m chatting about Thungela Resources – listed last…
[TOP STORY] Leisure stocks, Reits, logistics, MTN and Thungela
SIMON BROWN: I’m chatting now with Carmen Mpelwane, portfolio manager at Absa Asset Management. Carmen, good morning, I appreciate the time. A very quiet news week on our market, so I…
Thungela cuts production guidance due to rail problems
FIFI PETERS: Thungela Resources, the coal company that was spun out of Anglo American earlier this year – I think it was earlier this year – has cut its export sales guidance for 2021.…