Minerals Council says no respite from energy cost inflation
SOUTH Africa's mining sector is set for continued high energy inflation despite improved performance from state-owned entities, the Minerals Council said following the publication...
ARM abandons new coal investments
AFRICAN Rainbow Minerals is to halt investment in new coal projects, citing increasingly stringent environmental regulations.
The group, led by former lawyer Patrice Motsepe, identified...
Exxaro has turned the corner. So where to from here?
EXXARO Resources CEO Ben Magara is hoping a one-fifth improvement in Exxaro’s share price in following its half-year results August is the beginning of...
Seriti Green begins construction on third wind phase
RENEWABLE energy company Seriti Green has financed and started the third phase of its Ummbila Emoyeni wind farm in Mpumalanga.
The project will supply more...
Coal industry “still evolving”, says Menar’s Bayoglu
COAL'S importance to baseload power generation and advances in technology that have helped reduce the fuel's carbon footprint were being understated by its opponents,...
Rise in coal shipments may signal market shift
GLOBAL thermal coal shipments reached their highest levels since late 2024 during August, driven by robust import demand from China, Japan and South Korea,...
Anglo cuts hundreds of Australian mining jobs
ANGLO American has cut jobs at its Australian coking coal operations aimed at ensuring the long-term viability whilst maintaining production levels, said Bloomberg News...
Paladin Energy completes A$300m equity raise
PALADIN Energy said on Wednesday it had raised A$300m through the placement of shares with investors and through a 'bought deal' in Canada.
The Australian-listed...
Mali conducts airstrikes amid militant fuel blockade
MALI'S military has launched airstrikes in the gold-rich Kayes region following attempts by al Qaeda-affiliated militants to impose a fuel blockade on the landlocked...
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...