Afrimat pressing ahead with due diligence ahead of R2.15bn swoop on...
A DUE diligence into Universal Coal ahead of a R2.15bn bid for the company by Johannesburg-listed Afrimat, an industrial minerals company, was continuing, Afrimat...
Tough market conditions hit Richards Bay coal exports
Coal exports through the Richards Bay Coal Terminal (RBCT) dropped to 72.1mt during calendar 2019 from 73.5mt the previous year mainly as a result...
Sasol protects oil price from rock bottom pricing, says ratings will...
PETROCHEMICALS company, Sasol, said adjustments to its credit rating by S&P Global Ratings and Moody's would result in an increase in some of its...
Exxaro unconvinced Eskom’s 51% BEE target is “policy”
EXXARO Resources was unconvinced Eskom's demand for 51% black ownership in order to comply with its black economic empowerment (BEE) rules was policy.
"Up until...
Appeals against Makhado EA amendment dismissed, says MC Mining
APPEALS by lobbyists against an amendment to MC Mining's Makhado project environmental authorisation (EA) have failed, the Johannesburg-listed mining group said in an announcement today.
MC...
Eskom: Medupi has not been delayed
Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.
BHP to hike iron ore by 8% – report
BHP Billiton plans to increase price of coking coal for Japanese steelmakers by about 8%, according to the Nikkei business daily.
“Perfect storm’ afflicts CoAL’s share price
Strike action, depressed thermal coal prices and corporate uncertainty were the
factors creating a perfect storm in Coal of Africa’s share price, an analyst said.
Anglo identifies demerger as possible route for separation from SA thermal...
ANGLO American planned to exit its South African coal business in three years by spinning off the assets, said Bloomberg News citing written comments...
BHP starts aggressive bid for Potash Corp
-- Anglo-Australian mining giant BHP Billiton launched a a hostile takeover bid on Wednesday for Canada's Potash Corp which values the world's...