Wescoal retools balance sheet ahead of possible swoop on SAEC via...
WESCOAL Holdings has restructured its balance sheet in which it has locked in new credit of R1.1bn with the option of accessing an additional...
South32’s Kerr says firm would not seek new coal investments
SOUTH32 CEO, Graham Kerr, said the Perth- and Johannesburg-listed group would not seek out new coal investments as there was a growing investor preference...
Transnet discerns green shoots in SA coal market
TRANSNET would rail just over one million tonnes (mt) more export coal in its 2017 financial year compared to its 2016 when it railed...
Bushveld share gains traction after unveiling $68m May Day swoop on...
SHARES in Bushveld Minerals looked set to end the day almost 8% higher continuing a surge from April 30, the day before the company...
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...
Investors unmoved by Goviex Niger project despite fears over uranium supply...
GOVIEX trimmed the pre-production costs of its proposed Madaouela uranium mine in a feasibility study this week but the market didn't respond marking the...
First Uranium initiates strategic review
Gold and uranium producer First Uranium Corp says its board has initiated a strategic review of the company's business.
Exxaro’s Mgojo preps market for aspirational, non-mining deal
EXXARO Resources CEO, Mxolisi Mgojo, took time during the firm's 2018 financial year outlook today preparing the market for a potential joint venture deal in...
Coal strike in balance as NUM weighs new Chamber offer
SOUTH Africa's Chamber of Mines and the National Union of Mineworkers (NUM) are scheduled to reconvene to discuss the latest coal industry wage offer...
South32 says Eskom committed to Khutala coal expansion
SOUTH African power utility, Eskom, remained committed to the brownfields development of Khutala, the South32 colliery that supplies Kendal power station, said Mike Fraser,...