Goviex produces leaner $347m Madaouela uranium pre-feasibility study
GOVIEX said an updated prefeasibility study of its Madaouela uranium prospect in Niger had delivered a leaner, more financeable project.
Initial capital on Madaouela has...
Rio Tinto finally sells Zululand Anthracite
Rio Tinto has finally managed to dispose of the Zululand Anthracite Colliery (ZAC) in Kwa-Zulu Natal which it acquired when the group paid $3.9...
Thungela excludes Anglo coal mines in M&A pursuit
THUNGELA Resources said it was still on the hunt for offshore metallurgical and thermal coal assets but Anglo American's Australian assets weren't on its...
Anglo rolls out 600MW renewables plan in first stage of Envusa...
ANGLO American is to build 600MW in solar and wind power in South Africa after establishing a joint venture company Envusa Energy with EDF...
Eskom cuts debt a fifth after benefiting from exchange controls, efficiency...
SOUTH African power utility Eskom had reduced its debt by nearly 20% after paying matured loans whilst also benefiting from a more favourable exchange...
Eskom blames “power tool” sabotage for delay in restoring Tutuka power...
ESKOM'S power stations are under attack from within after the government-owned utility confirmed today sabotage at its Tutuka facility where a cable had been...
Coal decline risks poverty crisis, warns Thungela chief
THE uncontrolled decline of coal production poses a greater immediate threat to global communities than climate change itself, according to July Ndlovu, the outgoing...
Swanepoel, Nkosi to throw hat in ring for Tegeta coal assets
BERNARD Swanepoel and Sipho Nkosi are compiling a new black-owned company - the Phakamisa Consortium - which will throw its hat in the ring for the...
Eskom eases finance pressure with $1bn bond
Eskom has eased the pressure on its balance sheet raising $1bn in a bond from investors in Europe and the US in a much-needed fillip for the electricity utility.
Eskom confirms R20bn funding on day S&P downgrades utility
ESKOM had sufficient liquidity to continue resolving its governance crisis, and to implement its funding plans for the current 2018 financial year following completion...