MC Mining secures 400Kt/year in Chinese offtake deal for Makhado
MC Mining's ambitions of building a R1.23bn coal mine, Makhado, in South Africa's Limpopo province received a boost today after it had secured an...
AEMFC failed to win Govt. support for Optimum bid – report
A BID by the state-owned African Exploration & Mining Finance Company (AEMFC) to take control of Optimum Coal Mines in consortium with a private...
Deep Yellow upgrades Jorc Resources
Mining group Deep Yellow has announced an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia.
Govt. working “around the clock” on Coal 3
Public Enterprises minister, Malusi Gigaba, said SA's government had prioritised funding for 'Coal 3' as Eskom's ageing fleet faced closure from 2020.
Tanzania in $3bn Chinese coal, iron ore deal
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.
Glencore details $1bn SA coal investment
The Swiss headquartered firm spelled out plans to build 60 million tonnes a year of new coal production equal to investment of R1bn.
Japan’s Itochu takes 10.3pct stake in Extract
Extract Resources, the Australian mining company focused on developing uranium projects in Namibia, says Japan's Itochu Corporation had agreed to acquire a 10.3% stake in its business.
Power procurement is a project risk miners dare not get wrong
THE history of the South African mining and energy industries has been tightly intertwined for more than a century and both owe their very...
Optimum directors bag R221m in share sale
Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.
Major oil find off Namibian coast
Billions of barrels in oil reserves have been found off Namibia's coast, which could make the country a top producer.