Keaton given nod for Leeuw Mining takeover
Keaton Energy Holdings says the Minister of Mineral Resources has consented to a change in control of Leeuw Mining and Exploration.
Lack of cash for Transnet “a concern” says Minerals Council
THE Minerals Council of South Africa said it was concerned there was no allocation for state-owned rail and ports company Transnet in the country's...
Coal developer MC Mining waiting on IDC to agree to critical...
MC Mining's funding problems took another turn after the coal development firm said today it had asked for more time to pay the balance...
Strike didn’t hinder coal exports
Richards Bay Coal Terminal has managed to increase coal exports in July despite the nine-day strike at the world's largest coal terminal.
Assmang facing R89m lawsuit from Eskom after allegedly failing to make...
ESKOM is suing mining company Assmang for R89m in damages.
The power utility alleges that the company failed to achieve the energy savings at Assmang’s...
Vitol bails out of deal to buy RBCT stake from Gupta’s...
VITOL, the energy and commodities trading company, has walked away from a deal first proposed in 2016 to buy coal export entitlement through Richards...
Chinese set Feb 2 deadline on Kalahari bid
CGNPC has set a February 2 deadline on its offer for Kalahari Minerals, which may trigger a $2.2bn bid for Kalahari's Australian subsidiary Extract Resources Ltd as early as March.
Wescoal holds div, issues shares amid cash strain
Wescoal Holdings said it would not pay a final dividend and would raise up to R81m through a rights issue whilst is sought a long-term supply deal with Eskom.
Jury ousted as Resgen investors stage coup
Resource Generation shareholders Altius Investment Holdings and Noble Resources kick out CEO Paul Jury and overhaul the coal development firm's board.
Eskom diesel cost to increase a third to R20.9bn in effort...
SOUTH Africa's state-owned power utility Eskom has forecast a tripling in the cost of diesel which it uses to keep the lights on when...