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Wescoal agrees 50.1% Eskom BEE tie-up

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Wescoal Holdings was among the first of South Africa's publicly-listed coal producers to agree to sell Eskom coal from an entity controlled by black interests.

Coal industry “in flux’

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The search for new coal markets has become a matter of urgency for producers across the globe, says market analysts IntierraRMG.

Transnet mulls new Richards Bay line

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Freight logistics group Transnet may build a new rail line to the port at Richards Bay via Swaziland to free up capacity on its main coal export line, reports Business Day.

RBCT exports rise in June

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South Africa's coal exports from the Richards Bay Coal Terminal rose to 4.78 million tonnes in June.

Musical chairs in the Waterberg

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It's a case of trading places among the aspirant coal miners of the Waterberg, with Sekoko Resources announcing it has poached two top executives from Namane Energy.

Jindal to build 2,640 MW Moz power plant

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Mozambique granted India's Jindal Steel & Power approval to build a 2,640MW coal-fired power plant in the country's Tete province, says the energy ministry.

Vale readies first 35kt of Mozambique coal

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Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.

Lower sales, prices hurt Uranium One’s earnings

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Uranium One’s quarterly earnings have fallen 2% as it sold less uranium at lower prices.

BHP OKs $822m for new Autralian iron ore mine

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BHP Billiton has approved $822m in capital spending to dig a new iron ore mine in Australia, capable of yielding 17 million tonnes of ore a year starting in mid-2012.

First Uranium on the ropes

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First Uranium was against the ropes and any further operational slippage "brings the canvas into view" according to RBC Capital Markets analyst Leon Esterhuizen.