MC Mining facing more turmoil as shareholders launch takeover
MC MINING, the coal development firm, faces more corporate turmoil after it emerged today it was the subject of a takeover proposal.
The offer is...
Transnet: Swazi link is Waterberg saviour
Transnet's plans to service the strategic Waterberg coalfields hinge on whether it will succeed in moving general freight off the coal line, via a Swaziland loop.
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.
Wescoal retools balance sheet ahead of possible swoop on SAEC via...
WESCOAL Holdings has restructured its balance sheet in which it has locked in new credit of R1.1bn with the option of accessing an additional...
Mozambique denies India more coal deals
Mozambique has denied emerging industrial giant India five more coal concessions, saying the Asian nation should first develop sites where deals have already been struck.
Tanzania in $3bn Chinese coal, iron ore deal
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.
Govt unveils ‘radical’ plan to reshape SA coal
More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.
Uranium One acquires option for Mantra
Uranium One has an option to buy all the shares of Mantra Resources, to be acquired by its largest shareholder Russia's ARMZ, says the company.
Seriti to park minerals diversification strategy as it focuses on fixing...
SERITI Resources has iced plans to diversify its asset base as it had "its work cut out" restructuring the 28 million tons (Mt) a...
Coal strike ends
The striking employees of coal miners will return to work on Wednesday, following an agreement on wages between the Chamber of Mines and labour unions.