Petmin to set about funding $250m NAIC in third quarter
PETMIN said it would begin sourcing funding for its $250m pig iron project which is held in its 40%-owned North Atlantic Iron Corporation (NAIC)...
Transnet puts pressure on the RBCT
Transnet CEO Brian Molefe is grinning from ear to ear as stocks build up at the Richards Bay Coal Terminal because TFR is railing coal to the terminal faster than it can be exported.
Exxaro JV commissions Tiwest expansion project
Diversified mining group Exxaro has announced that the Tiwest Joint Venture partners - itself and Tronox Incorporated - have successfully commissioned the Tiwest Kwinana titanium dioxide (TiO2) pigment plant expansion project.
Nuclear to play a role in SA’s future energy mix –...
NUCLEAR fuel would have a role in South Africa's future energy mix, said News24 citing comments by the country's president Cyril Ramaphosa.
"Our energy is...
Eskom coal contract shift no easy matter
Plans by Eskom away from tied mines to more commercial means of buying coal cannot be done with the flick of a switch, according to Exxaro Resources.
Seriti Green begins construction on third wind phase
RENEWABLE energy company Seriti Green has financed and started the third phase of its Ummbila Emoyeni wind farm in Mpumalanga.
The project will supply more...
Exxaro continues to build up cash ahead of decisions on diversification
Exxaro revenues and profits took a beating in the six months to end-June as expected but the group remains in good shape overall thanks...
Eskom to target procurement in cost drive preferring to avoid ‘forced...
ESKOM would renegotiate supply contracts in order to reduce costs rather than cutting jobs through forced retrenchments, said Fin24, citing the power utility's CEO,...
IMF calls on Mozambique to settle policy
The International Monetary Fund has called on Mozambique to bring certainty to its coal and gas legislative framework in order to consolidate long-term prospects.
Vale opens Mozambican coal mine
Vale has opened a new $1.7bn coal mine in Mozambique, tapping the southern African country's thermal and coking coal reserves of around 23 billion tonnes.