Exxaro said to be suffering exodus of senior leaders
EXXARO Resources had suffered an exodus of senior employees owing to the management style of the coal miner's CEO of two years Nombasa Tsengwa,...
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...
South32 keeps thermal guidance unchanged as Klipspruit dragline returned to service
SOUTH32 forecast "... a strong recovery" in coal export volumes at its South African Energy Coal (SAEC) in the second half of the firm's...
How taking the helm of coal miner MC Mining made David...
HE may once have sat at the other end of the negotiating table from former Zimbabwean president, Robert Mugabe, and dealt in platinum projects...
Firestone generating free cash from Liqhobong, noses recovery in small diamond...
FIRESTONE Diamonds said it continued to generate free cash after finance costs in the third quarter of its 2019 financial year amid the first...
Exxaro capital discipline lauded for passing up bid for South32 coal...
UNCONFIRMED reports suggest Exxaro Resources has ruled itself out of bidding for the South African Energy Coal (SAEC) business of South32, the Perth-headquartered company...
Seriti to innovate on financing for coal mines as listing option...
SERITI Resources would have to find innovative ways of financing itself as the field for those wanting to lend to fossil fuels had narrowed,...
Hwange Colliery limps through 2019 promising higher production rates, again
TOTAL liabilities for Hwange Colliery Company (HCC) in Zimbabwe exceed assets by $19m, casting uncertainty on the ability of the coal miner – currently...
SA mining industry resilience to Eskom crisis will buckle if rolling...
A REPORT by RMB Morgan Stanley in the final weeks of 2019 suggested that, contrary to popular thought, Eskom’s rolling blackouts since about 2008...
Sibanye-Stillwater to pull 150MW renewable power project citing obscure Govt. rules
SIBANYE-Stillwater CEO, Neal Froneman, issued a not-so subtle message to the South African government that its failure to provide power supply security would influence...