South32 looking at “various options” with Mozal stake
SOUTH32 said on Monday it was considering its options with respect to its 63.7% stake in the Mozal aluminium smelter in Mozambique amid speculation...
Asian energy squeeze drives coal demand surge
COAL is emerging as an increasingly attractive energy alternative for Asian countries scrambling to replace disrupted oil supplies following the effective closure of the...
The coal miner that looks cheap until you read the small...
COAL mining group Salungano, which was long in limbo, is finally making money again – it’s just that it owes R2.2bn in mine closure...
Eskom launches renewable energy unit
ESKOM Holdings has formally entered South Africa's renewable energy market with the launch of Eskom Green, said News24 on Tuesday.
The publication described Eskom Green...
Glencore, BHP may benefit as China turns to Western coal
THE fatal gas explosion at the Liushenyu Coal Mine in China's Shanxi province last week could see improved demand for Australian and Canadian metallurgical...
Mantengu announces reverse takeover by UAE energy firm
MANTENGU Mining effectively brought the curtain down on five years of breathlessly controversial activity on the JSE announcing today its takeover by Averi, a...
Anglo unveils new deal to sell Aussie coal mines for $3.86bn
ANGLO American today announced the sale of its remaining steelmaking coal assets in Australia, a critical step in a restructuring unveiled two years ago...
Coal demand surges as Middle East conflict disrupts gas
GLOBAL coal imports are on course for their third-highest monthly total on record this May as the Middle East conflict forces Asia and Europe...
Exxaro Resources is breaking from its iron shackles
THERE has always been a tight correlation between the share prices of Exxaro and Kumba Iron Ore. That's because Exxaro's 20% stake in Kumba...
China’s KDG completes takeover of JSE’s MC Mining
THE Hong Kong listed Kinetic Development Group (KDG) has completed the takeover of ASX and JSE listed coal producer MC Mining in which it...