Record annual production for Xstrata commodities
Diversified resources group Xtrata has reported that it achieved record annual production of coking coal, semi-soft coking coal, mined nickel and refined nickel in 2010.
Universal spurns takeover offer from IchorCoal
ASX-listed coal junior Universal has advised shareholders to reject the takeover offer from IchorCoal saying it would benefit IchorCoal at Universal's expense
Wescoal joins Ata consortium in takeover bid for Universal Coal
WESCOAL Holdings, the Johannesburg-listed coal producer, said it had joined a consortium led by private equity firm, Ata Resources, to buy Universal Coal.
Universal Coal...
AngloGold rolls out $1.1bn emission reduction plan aimed at carbon neutrality...
ANGLOGOLD Ashanti today rolled out plans for a $1.1bn emissions reduction initiative in which the miner intends to be carbon neutral by 2050.
"We have...
Thungela sheds cash as rain, geology hits coal output
THUNGELA Resources reported higher-than-forecast operating costs at its coal mines for the year-to-date (end-May) owing to production disruptions.
Heavy rains disrupted production at Isibonelo and...
Thungela Resources CEO, July Ndlovu sticks to his guns on the...
Do you fancy your chances as a contrarian investor? Do you also maybe get a buzz out of making money from an investment which...
South32 begins process to spin-off South African coal business
SOUTH32 has unveiled plans today to reduce its exposure to South Africa by announcing a proposal to separately manage its coal operations in the...
Thermal coal will make investors money for years to come
THE dirty commodity might be unpopular with some, but thermal coal is proving to be good business. Demand for the fuel was stoked to...
Malawi’s Kayelekera mine could be re-opened as the uranium market improves
The Kayelekera uranium mine in Malawi - which was one of two African uranium mines owned by ASX-listed Paladin Energy to be shut down...
Eskom blames “power tool” sabotage for delay in restoring Tutuka power...
ESKOM'S power stations are under attack from within after the government-owned utility confirmed today sabotage at its Tutuka facility where a cable had been...