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Transnet commits to expand coal exports

Transnet has committed to increasing coal export capacity on the Richards Bay coal line to 81mt/year by 2014 provided it gets take or pay contracts with the coal exporters.

SA faces power crunch from next year

Power supply over the next five years is going to be tighter than previously expected with 2012 shaping up as the year when it will be most constrained, according to Eskom.

ICT, state miner in Vaal licence swoop

Imperial Crown Trading and state-owned African Exploration, Mining and Finance Corporation have acquired several prospecting licences along the banks of the Vaal River.

Ipsa scraps coal contract over IPP delays

Independent power plant developer Ipsa has scrapped a coal agreement due to delays in the implementation of independent power producer policies.

Govt yet to decide if CoAL can restart Vele

CoAL of Africa says no decision has yet been made by the South African government concerning the restarting of its flagship Vele Colliery in the Limpopo Province.

First Uranium shares mark time

First Uranium shares are stuck near their 12-month low following unexciting results for the September quarter during which the ramp up at the Ezulwini mine was delayed.

Supply crunch signals uranium boom

Gold is justifiably hogging investors' attention, but the uranium market is looking interesting, judging from presentations made by producers at recent conferences.

More coal for Eskom’s Majuba power station

Transnet Freight Rail's transportation of domestic coal from mines in the Mpumalanga province to Eskom's Majuba Power Station has grown by 36% from last year's throughput of 5.8 million tons, it said.

Export price declines may sharpen coal shares

Despite perennial problems, coal mines can be great investments - if you get them at a decent price.

Sasol Mining concludes BEE deal

Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.