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BHP Billiton Energy Coal in BEE deal

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BHP Billiton Energy Coal SA has entered into an empowerment transaction with a black-owned consortium led by the Pembani Group.

Shanduka raises coal stake

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Shanduka Group has concluded a widely expected transaction which will see it increasing its stake in Shanduka Coal to a controlling one.

Rio Tinto a likely future partner at Husab

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Rio Tinto may enter into another partnership with a Chinese firm, this time in Namibia, where it may be the preferred participant as China swoops on another strategic asset.

China Guangdong says Extract worth $2.2bn

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China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.

Firestone, Sekoko funding in-tact

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Funding for the Sekoko Resources, Firestone Energy coal project in the Waterberg had not been withdrawn, Firestone Energy said.

Glencore pays R900m for Umcebo Mining

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Glencore International extended its participation in the South African coal industry after offering R900m for Umcebo Coal which has annual production of 7.2Mt.

SA coal exports fall in November

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Richards Bay Coal Terminal has exported 6.3 million tonnes of coal in November, compared with 7.4 million tonnes the previous month, says the firm

Anglo OKs $1.7bn Queensland coal project

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Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.

Optimum directors bag R221m in share sale

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Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.

SA eyes R400bn nuclear build price tag

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South Africa plans to spend an estimated R400bn on building up its nuclear electricity-generating capacity, says Energy Minister Dipuo Peters.