Tuesday, June 19, 2018

Billions of barrels in oil reserves have been found off Namibia's coast, which could make the country a top producer.

Supplying Eskom with coal is not as attractive to miners as it used to be with Anglo, BHP and Exxaro expressing some disaffection with the business.

Freight logistics and shipping group Grindrod will complete the first expansion phase of its Richard Bay Terminal early next year to boost coal exports.

Mozambique's Prime Minister Aires Aly says the country plans to start construction of a coal terminal at the northern port of Nacala in the next few months.

The power utiity also announces that four executives it suspended in March - three of whom have left the organisation - have been cleared of any wrong-doing.

First Uranium has entered into a R400,000 per month consulting contract with BEE group Vulisango Holdings.

The Richards Bay Coal Terminal is pulling out all the stops during December to achieve total exports of 72 million tonnes for 2014

OAKBAY Resources and Energy, the company that houses the Gupta family's mining ambitions, said the business was intact despite the resignation of its auditing...

Keaton Energy said it would pump R300m into the development of its 1.4 million tonne a year Moabsvelden project which would hit full pelt in 2016.

OAKBAY Investments, the holding company of Johannesburg-listed Oakbay Resources & Energy, said it had moved the account of Optimum Coal Mine's R1.5bn rehabilitation fund...