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SA nuclear bid could be worth R1 trillion

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Energy Minister Dipuo Peters has confirmed that a tender proposal for the construction of 9,600 MW of nuclear power by 2030 may be worth at least R1 trillion.

Uranium One plays Mantra option

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Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.

Optimum preps R800m capital raiser

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Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.

SA Govt. 2,500MW nuclear plan panned by energy expert, environmentalists

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THE South African government's surprise announcement that it intended to put 2,500MW of nuclear power out to tender at the end of its 2021/22...

Thungela shoots out the lights with R18/share maiden dividend on back...

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THUNGELA Resources brought the curtain down on an astonishing first year of trade by announcing an R18 per share dividend - a R2.5bn payout...

Wescoal signs 10-year coal sales agreement with Eskom, disappoints on June...

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ESKOM'S search for new coal was eased, at least to a small degree, by a coal sales agreement (CSA) with Wescoal Holdings. The Johannesburg-listed coal...

Regulator stops First Uranium operations

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First Uranium has been forced to suspend operations after intervention from the nuclear regulator.

Seeing the light? How Eskom can pull itself back from the...

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Deeply corrupt, inefficient and over-staffed, Eskom is the canker at the heart of the South African economy. And with the best intentions in the...

UK private equity fund to bid in latest round of SA’s...

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ACTIS LLP, a UK-based private equity firm, was seeking energy projects in Africa including South Africa which has opened a new round of tendering...

Lloyd’s reverses fossil fuel coverage ban

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LLOYD'S of London's new CEO has abandoned his predecessor's climate commitments, allowing insurers to resume covering the most polluting fossil fuel projects. Patrick Tiernan told...