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Exxaro forecasts stable export coal demand in upbeat take on 2018

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EXXARO Resources gave a largely upbeat assessment of its fortunes for its 2018 financial year, saying that the export coal price would be supported...

CoAL staves off Mooiplaats closure

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UPDATED: Shares in CoAL are on the up, after the miner said it had reached an agreement with provincial authorities over environmental concerns at its Mooiplaats colliery.

Harmony plans to build 100MW of embedded power as part of...

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HARMONY Gold plans to install 100MW of renewable power in two years following the South African government's decision to lift the threshold for unlicensed...

ResGen granted water licence

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Resource Generation says it has been granted a water use licence for its proposed Boikarabelo coal mine in the Waterberg-area.

Richards Bay coal exports rise

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The Richards Bay Coal Terminal managed its best performance in three years during 2010, but the amount of coal being exported remains way below its installed capacity.

Thungela starts rehabilitation of damaged river system

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THUNGELA Resources has begun years-long work aimed at repopulating a river system with fish that was severly damaged as a result of a spill...

Exxaro to cut jobs amid restructure

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EXXARO Resources has confirmed union reports that it is planning job cuts. Exxaro said these form part of a group restructure to improve productivity and...

IchorCoal bids for Universal Coal

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IchorCoal is keeping up the pressure on its ambitions to grow its South Africa production base with an A$56.6m bid for outright control of Universal Coal.

Power drain: How Eskom is sliding towards bankruptcy

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The rosy picture that Eskom’s executives painted recently of the power utility’s financial position could create the impression that reports of hardship were exaggerations,...

Goviex to appeal Zambia Govt.’s decision to terminate uranium mining licence

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GOVIEX, the Toronto-listed uranium development firm, said it intended to appeal a decision by the Zambian government to terminate a mining licence for the...