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First Uranium shake up marks fund raising

by Allan Seccombe | Fri, 12 Mar 2010

First Uranium, which is raising up to C$150m, is undergoing a massive shakeup that entails the replacement of its CEO and relocation to South Africa to address a litany of woes that have beset the bus Read ›

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    CoAL gets nod to take sample from Makhado

    by I-Net Bridge | 11-Mar-10 10:47 | comment here

    CoAL of Africa has received approval from the Department of Mineral Resources for its application to take a bulk sample from its Makhado coking coal project. Read ›

    Optimum to raise R1.6bn

    by Brendan Ryan | 11-Mar-10 09:45 | comment here

    Optimum Coal is looking to raise R1.6bn and could have a market capitalisation of around R8.7bn when it lists on the JSE on March 29 if the share placement is successful. Read ›

    Uranium One hunts African assets

    by Allan Seccombe | 11-Mar-10 06:23 | comment here

    Uranium One is building a war chest to buy an African uranium project to diversify away from Kazakhstan which provides the bulk of its 6.8 million pounds of U3O8 output this year. Read ›

    Comp Tribunal approves Optimum merger

    by I-Net Bridge | 10-Mar-10 16:31 | comment here

    The Competition Tribunal has unconditionally approved the merger between Optimum Coal Holdings, Optimum Koornfontein Investments and Main Street 431. Read ›

    Watchdog recommends Optimum merger

    by I-Net Bridge | 09-Mar-10 16:02 | comment here

    The Competition Commission has recommended that the Competition Tribunal approve the merger of Optimum Coal Holdings and Main Street 431 without conditions. Read ›

    Indian firms hungry for SA mines

    by Reuters | 09-Mar-10 12:04 | comment here

    Indian companies have stepped up their hunt to buy SA junior coal mines in a bid to secure supply, but are finding attractive assets scarce. Read ›

    Sasol targets the Karoo

    by Brendan Ryan | 08-Mar-10 08:37 | 1 comments

    UPDATED Sasol wants to explore for shale gas in the Karoo as part of its programme to find new sources of gas that could be used to supply new gas-to-liquid plants. Read ›

    SA power crunch expected in 2011

    by Reuters | 05-Mar-10 09:18 | comment here

    South Africa will meet its power requirements for the World Cup, but further ahead the situation is much tighter, Eskom's acting CEO says. Read ›

    Mines top brass in coal row

    by Brendan Ryan | 03-Mar-10 16:33 | 3 comments

    Chamber of Mines president Sipho Nkosi is indirectly involved in a dispute with chamber CEO Mzolisi Diliza over a coal property in the Delmas area. Read ›

    Merafe parts company with Sentula

    by Brendan Ryan | 02-Mar-10 15:40 | comment here

    Merafe has ended its coal joint venture with Sentula leaving its assets behind for free but CEO Steve Phiri maintains the decision had nothing to do with the fraud uncovered at Sentula. Read ›

  • › First Uranium shake up marks fund raising
  • › CoAL gets nod to take sample from Makhado
  • › Optimum to raise R1.6bn
  • › Uranium One hunts African assets
  • › Comp Tribunal approves Optimum merger
  • › Watchdog recommends Optimum merger
  • › Indian firms hungry for SA mines
  • › Sasol targets the Karoo
  • › SA power crunch expected in 2011
  • › Mines top brass in coal row
  • › D-Day for SA power hike
  • › Anglo warns South Africa on power
  • › Optimum Coal eyes up to $500m IPO
  • › First Uranium needs at least $50m
  • › Sentula raises R670m in Koornfontein sale
  • › Independent power by end-2010
  • › Power: Gold Fields 'deeply concerned'
  • › RBCT to reclaim top spot
  • › Mitsubishi and PBMR collaborate
  • › Firestone's PFS shows 21-yr mine life
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