Beacon Hill lists in Australia
Beacon Hill Resources, a coal exploration and production firm, is seeking to broaden
its investor base after having depository receipts listed in Australia.
CoAL responds to Makhado railway report
Coal of Africa has set the record straight on its proposed 22.5km railway spur between the group's Makhado coking coal project and an existing railway line.
CGNPC closes in on Namibia’s Husab
ASX-listed Extract Resources, which owns the Husab uranium deposit in Namibia, has
received a formal bidder’s statement from China’s CGNPC-URC for a A$8.65/share deal.
Petmin pens new deal with Grindrod
Petmin has signed a five-year agreement to export up to 600,000 tonnes of anthracite per year from the Grindrod Terminals Kusasa dry bulk facility in Richards Bay.
Anglo mulls power plant bids – Business Day
Anglo American may this year appoint a service provider to build a 450MW power plant to take pressure off its platinum subsidiary’s electricity constraints, reports Business Day.
CoAL secures R200m as sets about re-scope
Four of five assets were deemed non-core while seven directors have also left the company as it remodels itself as a project development company.
SA economy needs coal policy: Manuel
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.
CoAL awaits Exxaro’s buy-in in Makhado
Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of
the Makhado project - over which the diversified miner holds a 30% option -
within months.
Uranium One Q3 profit beats estimates
Uranium One has posted a third-quarter profit that beat analysts' estimates, helped by higher realised prices.
Vitol speculated to take stake in CIC Energy
Dutch commodity trading group, Vitol, may take a 9.1% stake in Toronto-listed coal
exploration company, CIC Energy, according to a report by Reuters.