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Optimum buys rights to bulk-up Koornfontein

Optimum Coal says it has bought two prospecting rights in close proximity to its Koornfontein operations, envisaged to extend Koornfontein’s lifespan by 12 years.

Wescoal goes to court over wind-up request

Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.

Project slippage a global phenomena: Accenture

Capital project budget and scheduling slippages are extremely common globally, said Accenture, adding that South Africa’s Eskom was "not alone' in its implementation challenges.

Keaton to ride out storm in troubled coal sector

Keaton Energy CEO, Mandi Glad, said the firm would survive the downturn in the coal sector, especially following its streamlining.

New Motsepe-Swanepoel axis buys CoAL’s Mooiplaats for R180m

COAL of Africa (CoAL) closed the book on its long-standing legacy issues following the sale of Mooiplaats, the Mpumalanga province colliery the firm placed...

Limpopo lifts the veil on Coal India talks

The Limpopo government has acknowledged its proposed partnership with Coal India, saying the JV will shop for greenfield assets and early stage projects.

SA shale gas reserves face downgrade

South Africa is due to gazette regulations related to shale gas exploration, but its Parliament today heard of possible downgrades to reserves.

Num prepares for Exxaro strike

The National Union of Mineworkers says a majority of its members at Exxaro have so far voted in favour of a strike over planned retrenchments at the company.

Indian consortium mulls Riversdale bid

An Indian consortium of state-run companies is considering a bid for a stake in Riversdale Mining as the country steps up its search for African coal assets.

Exxaro Sands strike to spread like ‘wild fire’

The strike by more than 600 workers at Exxaro Sands inKwaZulu-Natal, now in its fourth day, will spread "like wildfire", the National Union of Mineworkers says.