How Eskom crisis is taking South African society to the brink
SOUTH African industries, businesses and households are scrambling to generate their own electricity in the face of a widening power shortfall, which is set...
Uranium One needs to find A$1bn
Uranium One has up to two years to raise A$1bn to buy Mantra Resources from its Russian parent ARMZ, and will then invest more than $430m to build a new uranium mine in Tanzania.
Chinese set Feb 2 deadline on Kalahari bid
CGNPC has set a February 2 deadline on its offer for Kalahari Minerals, which may trigger a $2.2bn bid for Kalahari's Australian subsidiary Extract Resources Ltd as early as March.
Exxaro not cutting jobs but coal sector at risk unless TFR...
EXXARO Resources did not expect to cut coal production despite another poor year of export deliveries by Transnet Freight Rail (TFR).
Nombasa Tsengwa, CEO of...
Eskom debt continuing to march “the wrong way” as economist say...
WHILST an economist told Bloomberg News that Eskom wasn't yet a sovereign debt problem, others believed it was critical South African restructure its electricity...
Sasol prepares $2bn rights issue as rolls out plan to ‘reset’...
SASOL set down plans to "reshape its balance sheet" targeting $6bn by the end of its 2021 financial year including a potential $2bn rights...
SA gives cautious “yes’ to shale gas
SA has given a conditional green light to the exploration of shale gas in the Karoo
and will assess every step towards full scale hydraulic fracturing for possible
"unacceptable outcomes'.
More lights out for South Africa as Gordhan warns of unprecedented...
POWER rationing in South Africa, known as loadshedding, could increase to 8,000MW a day in terms of possible Stage 8 measures, according to a...
Universal Coal pitches for Eskom business
Universal Coal is in discussions with Eskom to supply the Kusile power station from its planned Kangala mine, despite the fact Anglo American holds that contract.
Sekoko intends to resuscitate scaled down Waterberg project
SEKOKO Resources, an unlisted black-owned mining investment firm, is hopeful it can breathe new life into the Waterberg Coal Project, a thermal coal prospect...