Thungela forecasts up to 69% earnings hit as coal prices soften
THUNGELA Resources forecast a heavy decline in share earnings for the first half of its financial year owing to lower-than-expected winter energy demand from...
Thungela brushes off share issue reverse at AGM
THUNGELA Resources brushed off a reverse in its annual general meeting last week in which shareholders voted down its resolution on issuing shares for...
Wanblad targets relatively quick sale of Australian coal mines
ANGLO American said the sale of its metallurgical coal mines in Australia are the least challenging part of a radical restructuring in which it...
Union seeks meeting with Anglo over proposed coal mine sales
AUSTRALIA'S mining and energy union said it was seeking a meeting with Anglo American after the group's CEO Duncan Wanblad on Tuesday announced the...
SA’s coal exporters are now buying spare parts for Transnet’s locomotives...
The Richards Bay Coal Terminal (RBCT) is buying spare parts to maintain Transnet’s locomotives as part of the coal industry co-operation effort to improve...
GoviEx pressured by Niger military junta to fast track the ...
The government of the Republic of Niger is putting heavy pressure on Canadian junior miner GoviEx Uranium to speed up development of its proposed...
Coal capacity grew 2% last year owing to China new builds
COAL power capacity grew 2% last year owing to an increase in new coal plants across China and a slowdown of plant closures in...
MC Mining advises shareholders to accept Goldway A$65.3m offer
AN independent committee appointed by Sydney- and Johannesburg-listed coal miner MC Mining has recommended shareholders accept a A$0.16 per share takeover offer by Goldway...
Kore Potash announces new CEO
KORE Potash has appointed André Baya as its new CEO, a former executive at Fraser Alexander, the South African mining services company.
Baya also previously...
Glencore may consider switching UK listing for US
GLENCORE may consider switching its primary listing from London to New York, said Bloomberg News citing a report by analysts at Deutsche Bank. If...