R3.5bn uranium project hit by price slump
Low uranium prices may lead to a delay in the R3.5bn Rand Uranium mine on the west Rand while other uranium projects are also pending.
More creditors knock on LontohCoal’s door
LontohCoal is in the news again, this time because it reneged on an
agreement with Kwasa Mining Services to pay R1.5m for a coal consignment.
First Uranium gets key permit
First Uranium Corporation shares are up on news that the key water use licence for the Mine Waste Solutions operation has finally been granted.
Paladin Energy shares leap again after uranium firm confirms Langer Heinrich...
PALADIN Energy CEO, Ian Purdy, said the company was waiting "for the right uranium price" before pressing the button on production at its re-developed...
South32 ditches $700m expansion of Australian metallurgical coal mine
SOUTH32 has ditched a $700m project aimed at expanding its Dendrobium metallurgical coal asset in Australia, saying it would focus on metals "critical to...
Fukushima no longer a factor – Uranium One
The consequences of the Fukushima disaster have now substantially been factored into the uranium market, according to Chris Sattler, CEO of Uranium One.
Fitch lowers Eskom credit profile a notch as reliance on Govt...
RATINGS agency Fitch downgraded Eskom's credit profile another notch which Bloomberg News said signalled the South African power utility's worsening ability to repay debt...
Kibo plan builds case for East Africa energy
Tanzania is chronically short of power and recognises in companies such as the JSE's Kibo Mining the importance of public-private partnership.
Tariff increases loom as Eskom flounders
ELECTRICITY users should brace themselves for further tariff increases as Eskom
tries to address cash flow constraints brought by rising operational and funding
costs.
Optimum Coal output ‘disappoints’
Optimum Coal Holdings has posted a 15% drop in interim coal output, compared with the previous corresponding period