Tanzania in $3bn Chinese coal, iron ore deal
China's Sichuan Hongda has signed a $3bn deal with Tanzania to mine coal and iron ore in the resource-rich east African country, says local media.
South32 lifts cash, maxes aluminium, and reports progress on SAEC, Seriti...
SOUTH32 kicked off its 2020 financial year in fine form boosting net cash, operating its aluminium smelters in southern Africa at full pelt whilst its...
Exxaro doubles net energy capacity after R1.8bn deal
EXXARO Resources has bought control of two renewable energy facilities nearly doubling the net operating capacity of subsidiary Cennergi.
Cennergi will have a net operating...
Govt unveils ‘radical’ plan to reshape SA coal
More than half of South Africa's domestic thermal coal supply to Eskom - 2.1 billion tonnes - can be secured by black-owned companies, says Government.
Firestone puts out deal vote to July
A shareholder vote on the recapitalisation of Firestone Energy's balance sheet, and a
deal that will see its joint venture partner, Sekoko Resources, sell a stake in the
listed business has been rescheduled to July owing to transaction complexities.
Eskom hoping to delay closure of three oldest coal-fired power plants
ESKOM plans to delay the closure of three of its oldest coal-fired power plants in order to maintain generation capacity, said Bloomberg News.
Citing documents...
Shanduka finds a new suitor
Shanduka Resources' dumping of Sentula has coincided with an announcement by ASX-listed Continental Coal over a "landmark" empowerment transaction.
Coal railings back to normal, says Transnet
Transnet Freight Rail says its coal line service is back to normal, adding that its catch-up in clearing the backlog of coal railings remains on track.
Sibanye-Stillwater says breakout of uranium price to support “ready to roll”...
THE price of uranium was due a major breakout in the medium-term - a development that would support Sibanye-Stillwater’s plans to embark on commercial...
DEA, Eskom say Kriel crisis preventable
Eskom and South Africa's environmental affairs department say shutting Kriel power station, which would remove up to 3,000MW of generating capacity, can be averted.