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Goviex signs framework pact with Niger which adds to stake in...

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TORONTO-listed uranium development company, Goviex, said it had signed a framework with the Niger government in which the government would buy a 10% stake...

Eskom official said he was ordered by top management to pay...

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AN Eskom employee described receiving an instruction to pay nearly R659m in less than three hours on an invoice submitted by Tegeta Exploration &...

Optimum takes the gloves off

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Optimum Colliery's business rescue practitioners have taken the gloves off in the Eskom dispute and suspended coal supplies to the Hendrina power station

Exxaro benefits from bumper Kumba dividend as softer coal pricing hits...

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PROCEEDS from its 20% stake in Kumba Iron Ore will come to the assistance of Exxaro Resources in the six months ended June 30. Exxaro...

Sentula endures harrowing year, better times ahead

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Robyn Berry, CEO of Sentula Mining, hopes to close the book on the tribulations suffered by the coal miner and contracting business in the current financial year.

Rio, Mitsubishi bid to mop up Coal & Allied

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Rio Tinto and Mitsubishi Corp have made an offer to buy out Coal & Allied for $1.56bn, looking to take full control of the Australian coal miner.

SA coal exports rise for first time in seven years

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COAL exports through Richards Bay Coal Terminal increased 10% in 2024 to 52.1 million tons compared to just over 49Mt a year earlier. This is...

Exxaro expects profit to double

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Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.

Flood affected coal line to reopen

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Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.

SA Govt. has no time for complicated Eskom unbundling – Goldman...

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ESKOM, South Africa's beleaguered electricity utility company, did not have the time to embark on a complicated restructuring process, said Bloomberg News citing the...