Wescoal’s Demana sticking to expansion plans despite looming liquidity crunch
WESCOAL CEO, Reginald Demana, is holding on to to his strategic expansion ambitions despite the group’s cash-strapped position which has forced it to restructure...
Weather prompts another force majeure
Xstrata has declared force majeure at its Ulan thermal coal mine in Australia's New South Wales state due to heavy rains, the company says.
Mantashe defends slow progress on calling for fresh renewable power procurement
GWEDE Mantashe, South African mines and energy minister, said the country would not be rushed into procuring new renewable energy.
Speaking to BusinessLive, Mantashe said:...
BHP maintains poker face on coal sales
BHP Billiton said its South African coal business had challenges but presented opportunities - comments designed to deflect speculation of their imminent sale.
CoAL’s Makhado clears regulations after IWUL suspension lifted
COAL of Africa (CoAL) said all outstanding regulatory issues had been cleared for its $280m Makhado thermal and coking coal project situated in South...
Andrada to flip up empowerment stake in Uis mine
ANDRADA Mining today announced plans to streamline its ownership structure in which it will take a 100% interest in its underlying Namibia-registered Uis Tin...
Thungela targets 50% increase from Ensham coal mine
THUNGELA Resources is hoping to increase production from a mine it bought in Australia last year by as much as a quarter. If it...
Covid-19 interruptions, poor coal pricing forces Wescoal into group-wide retrenchments
WESCOALÂ said today it would embark on a retrenchment programme involving staff throughout the organisation following lower off-take from Eskom amid Covid-19 lockdowns earlier this...
Firm behind R500m De Roodepoort coal project was Gupta linked
THE company that said it planned to build a R500m, 1.44 million tonnes a year (mtpa) coal mine in South Africa's Mpumalanga province -...
Coal prices set to rise
Mining production in coal is expected to stabilise over the next two quarters as companies seek to regain the losses incurred during the recent labour disputes, reports BDLive.