Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Resource plan a ‘grim’ story for coal sector
Coal reserves in the Waterberg, Soutpansberg and Limpopo coal fields will remain largely undeveloped if the state implements the Integrated Resource Plan, says a mining expert.
RBCT again chops coal export target
The Richards Bay Coal Terminal has reduced its 2011 export target for the second time this year, citing railage problems.
SA govt’s AEMFC to pump R1bn into Optimum Coal after winning...
AFRICAN Exploration & Mining Finance Company (AEMFC), a company owned by the South African government, said on Tuesday evening it had been awarded an...
Transnet says “things have to change” after coal derailment triggers urgent...
TRANSNET, South Africa's state-owned freight and logistics company, is to review all recent train derailments as it sought to "identify trends" amid a declaration...
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.
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...
First Uranium posts quarterly sales increase
First Uranium says that its second-quarter gold sales rose 17.7% from the prior quarter and it is maintaining its full year outlook despite problems at both its projects.
Liberty Coal in R250m defamation claim against Mantengu
LIBERTY Coal, operator of Mpumalanga's Optimum Colliery, has initiated legal action seeking R250m in damages against JSE-listed chrome miner Mantengu Mining and its executives....
Mandela’s fugitive son-in-law in coal deal
Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.