Vitol speculated to take stake in CIC Energy
Dutch commodity trading group, Vitol, may take a 9.1% stake in Toronto-listed coal
exploration company, CIC Energy, according to a report by Reuters.
Ramaphosa appointed Optimum chair
Optimum Coal says it has appointed businessman Cyril Ramaphosa as chairperson and non-executive director of the company.
Glencore, Ramaphosa take control of Optimum
Glencore International says it and businessman Cyril Ramaphosa has gained a majority holding of Optimum Coal.
Firestone, Sekoko in new MoU with Eskom
Firestone Energy has taken a giant step towards survival after Sekoko
Resources, its partner in the Waterberg, signed an MoU with Eskom on a 30-
year supply agreement.
Sasol cooking with gas
With the world in the foothills of the gas era, Sasol is positioning itself in
quickfire fashion to be a major player in the dominant commodity of the future.
Limpopo gives Resgen thumbs up for mine
The building of the proposed Boikarabelo coal mine in the Limpopo province moved
a step closer with authorities approving its construction.
Firestone in new short-term debt deal
Firestone Energy says it has negotiated a short-term debt facility of $2.2m, provided by the holders of the company's convertible notes.
AEMFC, green lobby head for Bela Bela clash
SA’s state mining company and environmentalists are heading for a showdown
after the company said it had applied for a prospecting licence around the
tourism mecca of Bela Bela.
Anglo seeking Oz, Indonesia coal assets
Anglo American was on the search for new assets in Australia, Indonesia and
Mozambique as prices for potential targets had come down, said Norman Mbazima,
head of the group's thermal coal business.
Uranium (G)one
Not long ago, SA’s uranium entrepreneurs said supplying the world with fresh
production was just a case of flicking the switch. So how did the demise of the
industry come about?