Nuclear revival threatens uranium supply shortage
A RESURGENCE in nuclear power could trigger a critical uranium shortage as global demand soars while mine production plummets, said the Financial Times citing...
Lloyd’s reverses fossil fuel coverage ban
LLOYD'S of London's new CEO has abandoned his predecessor's climate commitments, allowing insurers to resume covering the most polluting fossil fuel projects.
Patrick Tiernan told...
Top US coal miner sees booming demand
US electricity consumption is rising so rapidly that coal usage could increase dramatically, said Bloomberg News citing comments by Peabody Energy Corp.
The surge in...
Exxaro looks to higher dividend payments after manganese deal
EXXARO Resources held up well in the six months to end-June increasing headline earnings 13% and raising its interim dividend as management focussed on...
Anglo, Peabody to lock horns after $3.8bn deal culled
THE stage has been set for a legal battle between US coal major Peabody and Anglo American after Peabody terminated its purchase agreement to...
Thungela CEO upbeat despite coal price slide
THUNGELA Resources level-pegged on coal export volumes for the six months to end-June but earnings were clobbered by lower export prices which dropped 11%...
Global shocks have debunked the peak coal myth
THE world burns nearly double the amount of coal today compared to 2000, and four times the amount consumed in 1950. Every minute, 16,700...
Are banks becoming coal-curious? Mike Teke thinks so
ONE sign coal's reputation is being gradually rehabiliated is that banks and insurers are becoming interested in the the mineral again.
"I think people are...
Seriti CEO takes helm of Global Coal Alliance
THE Global Alliance for Sustainable Coal has named Mike Teke, Group CEO of Seriti Resources, as its new chairman, the organisation said Tuesday. Teke...
Tsengwa proud despite acrimonious Exxaro exit
FORMER Exxaro Resources CEO Nombasa Tsengwa said her controversial departure from the mining giant earlier this year cannot overshadow her fulfilling two-decade career with...