Resgen gets $132m funding deal with Noble
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.
Ramaphosa reverses worker dismissals
Cyril Ramaphosa, a shareholder in Shanduka, said negotiation was preferable to mass dismissals as he ordered the re-instatement of sacked Shanduka Coal workers.
Anglo withdraws from $540m Revuboe project
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
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
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
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
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
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
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
Workers at Matla and Arnot went on strike placing further pressure on Eskom which has a mere 2% reserve capacity.