Thursday, January 18, 2018

JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.

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.

Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.

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.

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.

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.

President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.

Beacon Hill Resources, a coal exploration and production firm, is seeking to broaden its investor base after having depository receipts listed in Australia.

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

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.