Petmin to press ahead with share buy-back programme
BRADLEY Doig, commercial director of mid-tier coal producer and iron ore development firm, Petmin, says they’ll be no let up in the company’s share...
Vale says rail sharing negotiable
Vale, the Brazilian iron ore producer intent on growing its coal business, says use of a potential 22Mtpa rail line linking Mozambique's coal resources with the port at Nakala, could be shared. Maybe.
Anglo’s SA coal mines tough to get away
Anglo American has long stated it wants to sell its Eskom dedicated coal mines, but the transactions may be complex and not major money spinners.
Wescoal rings in executive changes as Nedbank Capital’s Demana takes CEO...
MID-cap coal mining firm, Wescoal Holdings, said it had appointed Nedbank Capital resources banker, Reginald Demana, as CEO of the company, effective from April....
Resgen $400m funding waiting on Eskom “internal inquiries”
RESOURCE Generation (Resgen), the Sydney- and Johannesburg-listed coal development firm, was unlikely to secure the balance of its funding for the Boikarabelo thermal coal...
Anglo says Revuboe too small for own rail, port
Anglo American says it will look to share existing infrastructure for its 10 million tonne/year Minas de Revuboe project in Mozambique once it has consummated the $555m transaction.
ContiCoal scores R140m for projects
Australian-listed Continental Coal said payment of R140m by its new empowerment
partner had begun, capital that would be used to advance the company's projects.
Shumba sells 50% stake in Sechaba thermal coal project to SA’s...
SHUMBA Energy, a company listed in Botswana, is to sell a 50% stake in its Sechaba coal prospect, which is located in the southern...
Ipsa’s Earl calls it quits
Peter Earl, CEO of Ipsa, is stepping down from executive duties at the company after helping found the company six years ago.
Eskom fallout hurting what little new project capital remains
THE fallout at state-owned Eskom has inevitably affected some of South Africa's coal producers including Resource Generation (Resgen), a company that is increasingly rare...