Green shoots for South Africa’s coal export line?
COAL deliveries to Richards Bay are 6% higher year-on-year but the iron ore line is yet to record significant improvements, said RMB Morgan Stanley.
The...
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.
Sibambene’s Ngwenya targets re-write of SA coal’s ownership rules
NOMFUNDO Ngwenya won’t confirm whether Sibambene Coal, the consortium of which she is chairwoman, is in the mix for the South African thermal coal...
SA’s coal exporters facing more disappointment as rail rates plummet a...
SOUTH Africa's coal producers are heading into more disappointment as the rate of exports has declined another fifth in the year-to-date.
Outgoing CEO of the...
CoAL to rebrand, cut shares as fresh chapter opens with Uitkomst
COAL of Africa (CoAL) will place the cherry on the cake in November with a name change to MC Mining which it hopes will...
Higher uranium price to trigger wave of new mines in Namibia
A RAFT of uranium projects in Namibia were waiting for higher prices before approval, said Bloomberg News citing the southern African country's finance minister,...
MC Mining toils with Uitkomst, but share price acknowledges Makhado advances
THE transition to owner-operator mining at Uitkomst is proving harder to master than first anticipated by MC Mining, the Sydney- and Johannesburg-listed coal producer...
MC Mining prices R15m share sale to IDC at 9% discount
MC Mining, a Johannesburg-listed coal producer and development firm, said it had agreed to sell 14.2 million shares to the Industrial Development Corporation (IDC)...
South32 lowers Illawarra output 10% following gas concentrations
SOUTH32 said production from its Illawarra Metallurgical Coal operation in Australia's New South Wales would be at least 10% lower than its previous guidance...
MC Mining secures 400Kt/year in Chinese offtake deal for Makhado
MC Mining's ambitions of building a R1.23bn coal mine, Makhado, in South Africa's Limpopo province received a boost today after it had secured an...