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Anglo withdraws from $540m Revuboe project

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Anglo American cited failure to meet conditions timeously as the reason for not proceeding with the $540m investment in Mozambique's Revuboe project.

SA must reduce power by up to 15%: Peters

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South Africans were urged to cut electricity consumption by up to 15% in order to avoid a repetition of load-shedding which shut the mining industry for a week in 2008.

Strike ends at Exxaro coal mines

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Workers at five of Exxaro's collieries and its reductants operation would return to work today after agreeing to the payment of a first quarter incentive.

Firestone urges shareholders to reject bid

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Firestone Energy has urged shareholders for a second time to reject a R270m bid for the company by Australian cash shell, Range River Gold.

Village to pump R76m into Continental Coal

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Village Main Reef made good on promises it was pressing ahead with a diversification strategy agreeing to buy up to 19.9% in Continental Coal.

CoAL stumbles as ill fortune, prices hit hard

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A catalogue of misfortune, a miserable coal export market and some fundamental issues hit Coal of Africa hard in the six months to December.

Anglo swoops on Botswana’s Mmamabula coal

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Anglo Thermal Coal was awarded the tender to prospect two properties in Botswana said to contain nearly 700 million tonnes of coal once owned by CIC Energy.

Pressure on Eskom as mines down shovels

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Workers at Matla and Arnot went on strike placing further pressure on Eskom which has a mere 2% reserve capacity.

ZAC BEE fallout played out in parliament

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A fallout regarding the integrity of Rio Tinto's empowerment deal at Zululand Anthracite Colliery reaches parliament and may imperil offer by Forbes Coal.

Exxaro to face Eskom as Medupi woes mount

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Problems completing Eskom's Medupi power station are beginning to weigh heavily on Exxaro Resources which now faces a force majeure declared by the utility.