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Load-shedding will stymie new mining investments if Eskom allows it to...

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THE latest round of load-shedding imposed by Eskom, the government-owned power utility, would stymie new investment in the country's mining sector just as demand...

Blaze shuts Xstrata mine

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A fire has caused Australia's Blakefield South coal mine in New South Wales state to close down, says owner Xstrata.

Seriti CEO takes helm of Global Coal Alliance

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THE Global Alliance for Sustainable Coal has named Mike Teke, Group CEO of Seriti Resources, as its new chairman, the organisation said Tuesday. Teke...

Banks should be compelled to invest in new coal mines –...

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SOUTH African banks Nedbank and Standard Bank should be compelled to invest in building new coal mines, said Bloomberg News citing the comments of...

RBCT gilds the lily on coal exports

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Coal export statistics for 2011 released by the Richards Bay Coal Terminal are not as good as they look and only marginally above what was achieved in 2010.

Anglo mulls power plant bids – Business Day

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Anglo American may this year appoint a service provider to build a 450MW power plant to take pressure off its platinum subsidiary’s electricity constraints, reports Business Day.

Wescoal coal output wobbles in first half marked by corporate M&A...

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WESCOAL Holdings spent R18m on new business transactions that did not materialise in the six months ended September. Commenting in a trading update, in which...

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...

Nersa approves new electricity supply deal for South32’s Hillside aluminium smelter

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YEARS of wrangling over a new electricity supply contract to the Hillside aluminium smelter in KwaZulu-Natal was resolved today after the National Energy Regulator...

Eskom cuts debt a fifth after benefiting from exchange controls, efficiency...

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SOUTH African power utility Eskom had reduced its debt by nearly 20% after paying matured loans whilst also benefiting from a more favourable exchange...