Optimum Coal sues Eskom
Optimum Coal has taken Eskom to arbitration in a bid to cancel the supply contract between the Optimum Colliery and Eskom's Hendrina power station because of a dispute over coal quality.
Absa seeks business rescue for ContiCoal
South African bank Absa has applied to put Continental Coal in business rescue proceedings despite the Australian firm hoping to sell its operating asset.
Lurco, AEMFC ready to restore Optimum Coal, but “tough decisions” in...
ELLINGTON Nxumalo acknowledges there was “a lot of leprosy” ahead of the company taking on the contracting for Optimum Coal Mine, the Mpumalanga thermal...
Eskom suspends head of group capital after “allegations of impropriety regarding...
ESKOM'S wide-ranging investigation into the probity of its top officials continued apace after the state-owned utility said today it had suspended its executive for...
Uranium needs catalyst to bounce back
The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.
Chinese back Mozambique coal project
Australian junior Riversdale Mining has lined up two major Chinese backers for its second proposed coal venture on the Moatize field in Mozambique.
Coal prices set to rise
Mining production in coal is expected to stabilise over the next two quarters as companies seek to regain the losses incurred during the recent labour disputes, reports BDLive.
Anglo coal deal could be pushed back “significantly”, says bank
ANGLO American's chances of closing the sale of its metallurgical coal assets to Peabody Energy had been dealt a blow, according to a report...
Destination of South32’s SA thermal coal assets may turn on size...
EXXARO Resources is one of the companies thought to have been short-listed for South32’s South African coal assets – known as South African Energy Coal...
Uranium prices set to recover
The uranium market will remain in deficit until 2020 and prices will start to recover in the second half of this year, according to a research report by RBC Capital Markets.