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...
RBCT agrees to export terms with Optimum Coal owner
RICHARDS Bay Coal Terminal (RBCT) said it had agreed export terms with Optimum Coal, the Mpumalanga province operation which was once owned by the...
GoviEx extends footprint in Zambia
URANIUM exploration firm GoviEx said on Monday it had acquired a control option over the Lundazi exploration licence in Zambia.
The option was bought from...
Thungela unveils Moses Madondo as CEO-designate
THUNGELA Resources today announced its founding CEO July Ndlovu would step down from the company this year as he had reached retirement age.
He will...
Thungela concludes R328m buy-back as share continues to toil
THUNGELA Resources said on Tuesday it had concluded the buyback of about 3.25 million of its own shares for a value of about R328m.
Aimed...
SA government puts spanner in works with offer to nationalise Optimum...
THE South African government put a spanner in the works today after it said its African Exploration & Mining Finance Corporation (AEMFC) was participating...
SA coal miners lose “hundreds of millions of rands” following Mpumalanga...
COMMUNITY protests in South Africa’s Mpumalanga province may have cost the country’s thermal coal miners, including Anglo American, Glencore and South32, up to hundreds...
SA govt funding for Optimum Coal Mine ‘swept from the table’...
SOUTH Africa's state-owned mining company, African Exploration & Mining Finance Company (AEMFC) in joint venture with Lurco Group would submit a new bid for...
Afrimat pulls plug on R2.15bn takeover of Universal Coal citing cost...
AFRIMAT, the Johannesburg-listed industrial minerals company, has pulled the plug on a proposed takeover bid for Universal Coal citing the expense of the exercise.
This...
Shumba to build $1bn coal-to-liquids plant supplied by Mabesekwa prospect
SHUMBA Energy, the Botswana-listed firm, has signed an agreement with two Chinese companies that could lead to the develop of a $1bn coal-to-liquids plant...