CoAL reports massive lift in coal resources
Coal of Africa has updated its resource statement from three properties in its
now consolidated Soutpansberg portfolio, a development it describes as a
milestone.
Uranium One loss narrows
Uranium One has posted a narrower quarterly loss, assisted by an increase in production.
Glencore will “keep its word” on coal depletion plan even as...
GLENCORE will continue to deplete its coal reserves despite a shift in the globe's attitude towards the fuel, said the group's CEO, Gary Nagle.
"We...
Exxaro’s good intentions subverted by its ham-fisted approach
MINORITY shareholders in Exxaro Resources claimed a minor victory last year when they were able to compel the company’s management to alter the structure...
Who is Sibanye-Stillwater’s new uranium partner?
IN the final knockings of 2024 Sibanye-Stillwater sold its Beatrix 4 shaft to a little-known junior miner, UK-listed Neo Energy Metals.
In terms of easing...
IDC agrees to extend date for MC Mining’s loan repayment of...
THE Industrial Development Corporation (IDC), a South African financial development institution, has agreed to extend the deadline for repayment of R160m extended to MC...
Threats from “disgruntled groups” preceded coal train derailment, says Transnet
TRANSNET said heavy rains overnight hampered efforts to restore operations on its coal line following a derailment of a train carrying export coal on...
Thungela under attack from fraudsters seeking preference share subscriptions
THUNGELA Resources, the thermal coal miner, said today it was the target of fraudsters attempting to solicit subscribers for redeemable preference shares the company...
SA energy transition could be model for others, says climate funds...
SOUTH Africa's energy transition from coal to renewables could be a template for other nations to do the same, according to the head of...
Optimum Coal in major refinancing
Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.