Glencore labels AMCU claim 20 miners shot “entirely incorrect”
GLENCORE rejected claims by the Association of Mineworkers & Construction Union (AMCU) that the mining group ordered security officials open fire on its members...
Oakbay declares financial fitness amid KPMG, Sasfin exit
OAKBAY Resources and Energy, the company that houses the Gupta family's mining ambitions, said the business was intact despite the resignation of its auditing...
WCC parts with interim CEO as hurly-burly continues
THE hurly-burly surrounding the fortunes of Waterberg Coal Company (WCC) are showing no signs of letting up after the company announced today its interim...
Petmin to press ahead with share buy-back programme
BRADLEY Doig, commercial director of mid-tier coal producer and iron ore development firm, Petmin, says they’ll be no let up in the company’s share...
Rio’s ZAC output unaffected despite sabotage, violence
OPERATIONS were continuing at Zululand Anthracite Colliery (ZAC), a company in which Rio Tinto has 74% stake, following an outbreak of violence over the...
Wescoal commits to close BEE deal by December
COAL mining junior Wescoal has announced it will post a 50% increase in earnings for the financial year to end-December above the 15.7c a...
Slippage in R6bn Makhado funding “not a catastrophe”
Coal of Africa (Coal of Africa) CEO, David Brown, said a slippage in the development of its R6bn Makhado project owing to funding difficulties...
WCC’s Miller falls on sword amid fresh takeover attempt
FAILURE to sign a takeover agreement with Sibanye Gold cost Waterberg Coal Company (WCC) CEO, Stephen Miller, dear after it was announced today that...
Molefe, Brown consign ‘coal supply cliff’ to history
THE price of coal had dropped to such an extent last year that South African coal producers preferred to sell it locally than export...
Sibanye opens talks with Resgen as IPP ambitions loom large
SIBANYE Gold has trained its sights on Resource Generation (Resgen), a Sydney- and Johannesburg-listed coal development company, as it seeks a partner to realise...