Glencore cuts Cerrejon coal in effort to bolster prices
GLENCORE said on Tuesday it would cut production from its Cerrejon coal mine in an effort to arrest a decline in the fuel's price.
The...
Universal Coal issues bullish earnings, growth forecast amid takeover bid
SYDNEY-listed Universal Coal has delivered an upbeat assessment of its short-term prospects saying it would lift pre-tax earnings 29% to A$93m for the 2019...
Mantashe calls on ventilation to be restored at Gloria to expedite...
SOUTH African mines minister, Gwede Mantashe, said it was vital ventilation was restored to the Gloria coal mine in Mpumalanga province so that the...
Goviex signs framework pact with Niger which adds to stake in...
TORONTO-listed uranium development company, Goviex, said it had signed a framework with the Niger government in which the government would buy a 10% stake...
South32 lowers estimated coal reserves of Illawarra Metallurgical Coal
SOUTH32, a company listed in Sydney and Johannesburg, had lowered the estimated coal reserves at its Illawarra Metallurgical Coal project, said Reuters citing a company...
Plan on Eskom debt pencilled in for mid-September as Govt. acknowledges...
SOUTH Africa's public enterprises minister, Pravin Gordhan, has provided detail regarding the government's plans for Eskom, saying the newly appointed chief restructuring officer of...
Spotlight on climate change, safety practices reshaping the world’s mining, energy...
INVESTORS and business forces have aligned on climate change and operational safety in such a way that the global energy and mining sectors are...
Resgen chairman Xate “senses momentum” as R4.2bn Boikarabelo funding nears conclusion
RESOURCE Generation's (Resgen's) long-standing efforts to secure the balance of some R4.2bn in funds required to build its Boikarabelo thermal coal mine may reach...
Eskom’s De Ruyter says firm needs to understand Govt.’s rival generation...
ESKOM CEO, Andre de Ruyter, welcomed the possibility of a rival electricity generation company as unveiled by mines and energy minister, Gwede Mantashe on...
Menar to suspend coal production in line with Govt.’s COVID-19 shutdown...
PRIVATELY-held coal producer Menar Holdings said it had suspended its mines in line with the South African government's declaration of a state of national disaster.
Menar’s...