CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.
RBCT wary of 19mtpa expansion plan
Richards Bay Coal Terminal said the expansion of its facilities which saw it cross swords with Transnet two years was unlikely to see light of day in the short-term.
SA coal entrant Seriti interested in buying Gupta mine, Optimum
SERITI Resources, the black-owned consortium that today concluded the R2.3bn purchase of thermal coal mines from Anglo American, said it would be interested in...
Glimmer of hope for cash-strapped ContiCoal
Continental Coal said it had made progress in discussions with bondholders over the recapitalisation of the business.
Paladin Energy completes A$300m equity raise
PALADIN Energy said on Wednesday it had raised A$300m through the placement of shares with investors and through a 'bought deal' in Canada.
The Australian-listed...
Anglo swoops on Botswana’s Mmamabula coal
Anglo Thermal Coal was awarded the tender to prospect two properties in Botswana said to contain nearly 700 million tonnes of coal once owned by CIC Energy.
Paladin makes C$1.1bn all-share bid for Fission Uranium Corp.
PALADIN Energy today announced an all-share takeover of Toronto-listed Fission Uranium Corp. which values the Canadian firm at C$1.1bn.
A special committee appointed by Fission...
Optimum Coal shares climb as Glencore circles
Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.
SA warming to nuclear power as prepares request for proposals
THE South African government is warming to nuclear as a long-term solution to its power crisis, according to a report by News24.
In a parliamentary...
Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.