CoAL shares jump on Vele deal
Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.
Uranium One posts record revenue
Uranium One said that despite difficulties in the uranium industry during 2011, the
company was able to post record revenues and an 89% improvement in earnings
from mining operations.
CoAL hints at extending Exxaro equity link
Coal of Africa said the sheer scale of its Soutpansberg coalfields would create
opportunities for equity investment with Exxaro, but added Exxaro had yet to
ink the initial Makhado investment.
Transnet: Swazi link is Waterberg saviour
Transnet's plans to service the strategic Waterberg coalfields hinge on whether it will succeed in moving general freight off the coal line, via a Swaziland loop.
Explosion at French nuclear site kills one
A furnace has exploded at the Marcoule nuclear waste treatment site in southern France, killing one person.
Petmin delists from AIM, takes write-down
Petmin's anthracite mine, Somkhele, performed well in the second half, but it had disappointing news on its pig iron endeavours, while its UK listing would be ended.
Riversdale in offtake deal for Benga coal
Riversdale Mining says it has entered into an offtake agreement with trader Trafigura for thermal coal from its Benga coal mine in Mozambique.
Optimum Coal shares climb as Glencore circles
Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.
Firestone Energy increases Waterberg resource
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.
BHP coal miners strike to continue
Work stoppages at BHP Billiton's Australian mines are set to continue.