Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance
THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...
Rio’s ZAC output unaffected despite sabotage, violence
OPERATIONS were continuing at Zululand Anthracite Colliery (ZAC), a company in which Rio Tinto has 74% stake, following an outbreak of violence over the...
Profits from coal eclipsing metals as Glencore, Anglo benefit
PROFITS from coal mining are eclipsing income from other metals, said Bloomberg News which showed that some of the world's largest mining groups are...
WCC in funding squeeze as project faces delay
Waterberg Coal Company was also considering building a smaller export-dedicated mine at its Waterberg Coal Project amid delays in a Eskom sales agreement.
Glencore set for “outsized” returns as higher first quarter coal output...
GLENCORE produced lower copper in the first quarter of its 2022 financial year but analysts gave a thumbs up to the group's overall performance...
Resgen secures offtake from coal mine
Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.
Miners boosted as Eskom tariff increases slashed
The South African mining industry has granted a massive boost as Eskom has its
annual tariff increase for the 2012/13 year reduced to 16% from 25.9%.
Flood affected coal line to reopen
Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.
Zambia considering $900m coal-fired power plant
ZAMBIA is considering building a $900m coal-fired power plant as the country battles unprecedented electricity shortages, said Bloomberg News.
The worst regional dry spell in...
Mantashe likens Eskom loadshedding to “agitating to overthrow the state”
GWEDE Mantashe, South African mines and energy minister, likened the continued failings at the government-owned power utility, Eskom to an attempted coup of his...