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Resgen inks R2.1bn contract for Boikarabelo coal venture

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RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, edged closer to securing more than $400m in capital funding for its six million...

Sasol’s Grobler expects LCCP to generate cash in H2 despite uncertain...

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A DOWNGRADE in the credit rating of Sasol would not materially increase its cost of capital, said Fleetwood Grober, CEO of the South African...

Glencore to announce decision on coal split next week

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GLENCORE will say next week whether it will proceed with plans to demerge and separately list its coal business. Commenting in the group's second quarter...

Challenger shale gas interest ‘undiminished’

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Challenger Energy said it was progressing its exploration application for shale gas in the Karoo notwithstanding the withdrawal earlier this week of Shell's interest.

Mantashe ready to take battle over coal-fired energy to court

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SOUTH Africa's mines and energy minister, Gwede Mantashe, said he was prepared to take efforts to keep coal in the country's energy plans to...

Shale gas debate set to raise temperatures

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Exploration for shale gas in the Karoo is likely to raise the temperatures of conservationists this year after the ANC wrote it into its manifesto.

DMRE report may presage change in Mantashe’s pro-coal rhetoric

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SOUTH Africa's Department of Mineral Resources and Energy (DMRE) is setting up a Just Energy Transition unit which could signal a change in its...

Trump 2021 budget proposes $150m uranium reserve to counter China, Russia...

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US president Donald Trump's 2021 budget has proposed the creation of a US uranium reserve at a cost of $150m in an effort to...

Kibo outlines energy ambition with deal for Shumba’s Mabesekwa

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KIBO Mining today unveiled a strategy to expand into "multiple geographies" starting with an all-scrip offer for Mabesekwa, an energy coal prospect currently owned...

SA coal exports slide amid evaporation of BEE supply

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TRANSNET Freight Rail (TFR) has pegged maximum coal railage capacity on the Richards Bay line at 81 million tonnes (mt) annually for at least...