France’s Orano considers exit from Niger uranium industry
ORANO, the French state-owned nuclear fuel company, is exploring the sale of its uranium assets in Niger following deteriorating relations with the country's military...
Menar buys Springlake anthracite colliery
MINING investment company Menar has bought Springlake Colliery, an anthracite mine previously owned by Mylotex after the operation was placed under business rescue.
The acquisition,...
Orano files lawsuit over Niger staff detention, asset seizures
FRENCH uranium company Orano has initiated legal action in Niger courts, citing "arbitrary arrest, illegal detention and unjust confiscation of property" of its staff...
Peabody suspends financing of $3.8bn Anglo coal purchase
US coal producer Peabody Energy said financing of its proposed $3.8bn purchase of metallurgical coal assets from Anglo American was on hold until there...
Thungela concludes R328m buy-back as share continues to toil
THUNGELA Resources said on Tuesday it had concluded the buyback of about 3.25 million of its own shares for a value of about R328m.
Aimed...
Anglo coal deal could be pushed back “significantly”, says bank
ANGLO American's chances of closing the sale of its metallurgical coal assets to Peabody Energy had been dealt a blow, according to a report...
Exxaro reaches separation deal with former head of coal
EXXARO Resources said on Monday it had reached a separation agreement with Kgabi Masia, head of coal for the company since March, 2022.
"This development...
Iron ore and anthracite losses clobber Afrimat’s earnings
AFRIMAT'S business conditions went from bad to worse in the second half of its financial year to end-February after the diversified mining group reported...
Peabody reviews its options on $3.8bn Anglo coal deal after fire...
US coal group Peabody Energy is “reviewing all options” relating to its purchase of Anglo American’s Australian metallurgical coal mines which it agreed in...
BHP considered spinning off iron ore, coal
BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, said Reuters on Thursday citing...