South32’s Mike Fraser positive on concluding sale of SAEC to Seriti...
SOUTH32 was "positively optimistic" it would complete the sale of its South African Energy Coal (SAEC) business to Seriti Resources by year-end, even though...
Govt. working “around the clock” on Coal 3
Public Enterprises minister, Malusi Gigaba, said SA's government had prioritised funding for 'Coal 3' as Eskom's ageing fleet faced closure from 2020.
Magni Investment Holdings to reverse list assets into Sable Exploration &...
MAGNI Investment Holdings, formerly known as Lurco, is to take a majority stake in Johannesburg-listed Sable Exploration and Mining Limited (SEAM) ahead of a...
Xstrata profit up sevenfold on commodities boom
Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.
Eskom slaps Glencore with R2bn penalty
Eskom acting CEO, Brian Molefe, said it would see Glencore in court for payment of R2bn relating to "shoddy performance" from Optimum mine.
Chinese back Mozambique coal project
Australian junior Riversdale Mining has lined up two major Chinese backers for its second proposed coal venture on the Moatize field in Mozambique.
More trouble for Coal of Africa’s Vele mine
A coalition of NGOs opposing the Vele mine in Limpopo has lodged an appeal against the granting of the mine's water licence which has now been suspended affecting development of the mine.
Koko defends Eskom amid dispute with eight coal miners
WHEN Coal of Africa (CoAL) unveiled plans to takeover Universal Coal, an Australian-listed company operating in Mpumalanga province, it said this might be the...
Continental Coal in another deal for Ferreira
Continental Coal, the thermal coal production and development company, says
it has done another deal to extend the life of its Ferreira coal mine.
No evidence of “stampede” for renewable power, says Mantashe of mining...
SOUTH Africa's minerals and energy minister Gwede Mantashe said there had been little evidence of companies adding new power to the national grid despite...