Wednesday, March 21, 2018

Coal of Africa says the conditions for the management buyout of subsidiaries Nimag and Metalloy Resources for R54m have been met.

A furnace has exploded at the Marcoule nuclear waste treatment site in southern France, killing one person.

Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.

Australian-listed Continental Coal said payment of R140m by its new empowerment partner had begun, capital that would be used to advance the company's projects.

Coal of Africa’s Mooiplaats colliery has been hit by a strike over wages, the company says, sending the group’s share price to a new low.

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.

BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.

Targeting coal mining in the Waterberg, exploration group Resource Generation has cleared major hurdles that may bring about a run in its share price, according to RBC Capital Markets.

Uranium One has posted a narrower quarterly loss, assisted by an increase in production.

China is a step closer to pounce on Extract Resources after Namibia’s competition authorities has consented to a proposed takeover.