Uranium (G)one
Not long ago, SA’s uranium entrepreneurs said supplying the world with fresh
production was just a case of flicking the switch. So how did the demise of the
industry come about?
Gupta’s Oakbay hits out at “gravy train” in SA coal
OAKBAY Investments has hit back at a newspaper report that said it received a lucrative prepayment from Eskom for coal, saying the system through...
Exxaro to cut down workforce
Exxaro Resources says up to 300 of its 10,500 workforce faced being retrenched in an effort to reduce costs and improve productivity at the diversified mining group.
Exxaro sells ECC mines to Overlooked Colliery as pushes on with...
EXXARO Resources is to sell its ECC (Exxaro Coal Central) coal division, but it will retain the export allocation to Richards Bay Coal Terminal...
Eskom cuts debt a fifth after benefiting from exchange controls, efficiency...
SOUTH African power utility Eskom had reduced its debt by nearly 20% after paying matured loans whilst also benefiting from a more favourable exchange...
Magni Investment Holdings to reverse list assets into Sable Exploration &...
MAGNI Investment Holdings, formerly known as Lurco, is to take a majority stake in Johannesburg-listed Sable Exploration and Mining Limited (SEAM) ahead of a...
Botswana coal miners see gaps as SA firms make hay with...
JUNIOR miners are finding business across South Africa’s border easier to conduct than inside the country, especially in the coal sector which is not...
Glencore’s EVR bid to close by July 11 after Canada...
GLENCORE said on Friday its $6.93bn bid for Elk Valley Resources (EVR), a subsidiary of Canada's Teck Resources would close on July 11 after...
Namibia blasts Glencore over fuel deal
A contract between Glencore and Namibia’s petroleum parastatal Namcor has masked the Swiss company’s aim to take over the country’s oil industry, reports The Namibian.
Sekoko’s Waterberg JV scoops $400m finance deal
The Waterberg coal JV between Sekoko Resources and Firestone Energy is back on track with the introduction of a new shareholder and $400m financing commitment.