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Mafube lifex project in doubt after JV hits licensing problems

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THE future of the Mafube coal mine in South Africa's Mpumalanga province has been thrown into doubt after the government turned down its application...

South32 keeps thermal guidance unchanged as Klipspruit dragline returned to service

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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...

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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...

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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...

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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...

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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

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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...

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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

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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...

Wescoal confirms Eskom force majeure, says impact not yet “quantifiable”

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WESCOAL Holdings confirmed on Tuesday that Eskom, South Africa's state-owned power utility, had issued it with a force majeure on coal supply agreements. The force...