SA govt approves Rios, CoAL swap
A farm swap between Rio Tinto, the UK miner, and Coal of Africa Ltd has been approved which CoAL boss John Wallington said would lead to larger project developments.
Optimum Coal buys prospecting rights from BHP
Optimum Coal has bought two prospecting rights from BHP Billiton in a move to boost its portfolio.
Kibo disappointed with share price but hopeful of registering 2019 recovery
KIBO Energy, the London- and Johannesburg-listed coal-to-power development company, said in a letter to shareholders earlier this week it was disappointed its share price...
South32 overhauls thermal coal sale to Seriti with $250m cash and...
SOUTH32 has overhauled the terms of the sale of its South African Energy Coal (SAEC) business providing buyer, Seriti Resources, with a minimum of...
Eskom defends Tegeta link saying it saved R10bn in coal costs
SOUTH African power utility, Eskom, defended its relationship with the Gupta family owned Tegeta Exploration & Resources (Tegeta) saying it was commercial and had...
Universal Coal to buy Exxaro’s North Block Complex for R172m
EXXARO Resources is to sell its North Block Complex (NBC), a open cast mine in South Africa's Mpumalanga province, to Universal Coal which will...
Coal rail constraints forced Exxaro Resources to call off sale of...
THE logistical constraints at Transnet Freight Rail (TFR) forced Exxaro Resources to halt its planned sale of its Leeuwpan mine in Mpumalanga, the company...
Eskom lifts wage offer to 5.25% but unions likely to reject...
ESKOM has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick.
The publication said today however...
Japan explosions blast uranium shares
JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.
SA mining investment deterred by power supply woes as Eskom warns...
NEW mining investment in South Africa was being discouraged owing to power utility Eskom's ongoing supply problems, said Reuters.
Citing Impala Platinum CEO, Nico Muller,...