CoAL awaits Exxaro’s buy-in in Makhado
Coal of Africa hopes to secure Exxaro Resources’ buy-in in the development of
the Makhado project - over which the diversified miner holds a 30% option -
within months.
Exxaro pays R6.3bn in dividends as investments stand tall amid export...
EXXARO Resources passed through income from investments in the six months ended June paying a total of R6.32bn in dividends, including a R3.2bn special...
Ramaphosa seizes wheel from Mantashe in well received power plan –...
PRESIDENT Cyril Ramaphosa’s plan to address South Africa’s energy crisis through sweeping reforms to encourage more private sector investment ticked all the right boxes...
Reginald Demana steps down from Wescoal Holdings, Ramaite takes up interim...
REGINALD Demana has stepped down as CEO of Wescoal Holdings, the company said in a statement to the Johannesburg Stock Exchange today.
Demana, the former...
Miranda on crash and burn trajectory
Miranda Minerals, the troubled coal development firm, was no longer able to meet its obligations and may need business rescue proceedings in order to survive.
Bid to expand Rio Tinto Mozambique coal fraud lawsuit blocked by...
A US judge on Wednesday quashed a bid to widen the scope of a civil lawsuit by the US Securities and Exchange Commission that...
Rio secures more than 49% of Riversdale
Global miner Rio Tinto says it has beaten its target of acquiring 47% of Riversdale ahead of the deadline for its takeover offer.
Tendele Coal legal row mired in mutual exclusivity between mining economics...
TENDELE Coal Company says its Somkhele anthracite mine in South Africa's KwaZulu-Natal province has operated for nearly 14 years without hiccough. Now, however, the...
Exxaro continues to build up cash ahead of decisions on diversification
Exxaro revenues and profits took a beating in the six months to end-June as expected but the group remains in good shape overall thanks...
Exxaro to sell coal properties for cash
Exxaro Resources wants cash for three Mpumalanga coal deposits, which it has decided are too small to be developed by the group.