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AngloGold Ashanti’s takes critical step on decarbonisation journey

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ANGLOGOLD Ashanti has announced the successful completion of a major renewables project to create the largest hybrid power system in Australia’s mining sector.  

SA to start nuclear bidding in 2012

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SA needs to start the procurement for its planned nuclear plants next year so it can commission the first 1,600 MW power station by 2023, says a government official.

Cool response to Exxaro option “frustrates’ CoAL

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Coal of Africa CEO John Wallington is left disappointed as the market reacts indifferently to news that the company and Exxaro Resources remain in talks over Makhado.

Export price declines may sharpen coal shares

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Despite perennial problems, coal mines can be great investments - if you get them at a decent price.

Paladin Energy not planning capital raise to pay debt as works...

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PALADIN Energy, the Australian-listed uranium development company, said it had no plans to raise capital to part- or completely pay down debt which matures...

CoAL buys Uitkomst Colliery from Pan African for R275m

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COAL of Africa (CoAL) has made the first important step in securing cash flow whilst it develops the $250m Makhado coking coal project agreeing...

BHP, Eskom in tussle over environmental levy

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BHP Billiton is not prepared to continue paying the environmental levy for the power its Southern African aluminium smelters consume, says Eskom.

Rio content with lesser stake in Riversdale

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Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.

Resgen inks R2.1bn contract for Boikarabelo coal venture

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RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development firm, edged closer to securing more than $400m in capital funding for its six million...

CoAL shares hit dirt

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Coal of Africa's shares have slumped nearly 16% after it received an order from provincial authorities to address environmental concerns at its Mooiplaats colliery.