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MC Mining facing more turmoil as shareholders launch takeover

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MC MINING, the coal development firm, faces more corporate turmoil after it emerged today it was the subject of a takeover proposal. The offer is...

Eskom mulls equity in foreign power

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Eskom was sitting down to consider buying equity positions in foreign-owned power transmission in an effort to plug a potential power deficit in South Africa.

South 32 wants more certainty in SA before it invests

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South 32 CEO Graham Kerr wants to see "regulatory and commercial certainty" in South Africa before the group decides on further investments in coal.

Resgen to hold EGM despite COVID-19 bans as delay would derail...

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RESOURCE Generation (Resgen) could not allow logistical challenges brought on by the COVID-19 virus stand in the way of its extraordinary general meeting (EGM)...

Court orders release of Eskom/BHP prices

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UPDATED: A judge has ordered state utility Eskom to release details of an undisclosed pricing deal with mining giant BHP Billiton.

Maatla to start on $45m Mmamabula coal project in June after...

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UNLISTED Maatla Resources which is developing the Mmamabula coal project in Botswana has received its mining licence and is looking to start construction of...

Kibo takes another step as advances Tanzania’s Mbeya project

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THE Tanzanian government would sign a memorandum of understanding (MoU) with Kibo Mining by January 31 which would pave the way for a power...

Fears over coal’s food security threat

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Coal mining in Mpumalanga is putting food security under threat as a large portion of the province’s surface area may be turned into wasteland, say environmentalists.

Eskom hails meeting with business aimed at plucking “low hanging fruit”...

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SOUTH African business leaders met with Eskom in a July 29 meeting described by the utility's CEO André de Ruyter as an effort to "harvest...

Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance

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THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...