SA govt approves CoAL Chapudi deal
Coal of Africa's bid for Rio Tinto's Chapudi coking coal exploration assets was finally
approved after it won the blessing of the South African government.
Fukushima no longer a factor – Uranium One
The consequences of the Fukushima disaster have now substantially been factored into the uranium market, according to Chris Sattler, CEO of Uranium One.
Eskom, Anglo negotiate ‘cost plus’ Kusile deal
A return a cost plus structure is one of the ways Eskom is hoping to help finance
Anglo American's R12bn New Largo coal mine, deemed crucial in supplying the
4,800MW Kusile power station.
Sekoko’s Waterberg JV scoops $400m finance deal
The Waterberg coal JV between Sekoko Resources and Firestone Energy is back on track with the introduction of a new shareholder and $400m financing commitment.
ResGen granted water licence
Resource Generation says it has been granted a water use licence for its proposed Boikarabelo coal mine in the Waterberg-area.
Firestone to lift veil on restructuring
Firestone Energy has requested a suspension in the trading of its ASX and JSE-listed
shares, expecting to announce a major restructuring by Wednesday.
Continental Coal to extend Ferreira’s lifespan
Continental Coal has entered into agreements to extend the operating mine life at the Ferreira coal mine through the acquisition of an adjacent prospecting right.
More creditors knock on LontohCoal’s door
LontohCoal is in the news again, this time because it reneged on an
agreement with Kwasa Mining Services to pay R1.5m for a coal consignment.
CoAL reports Chapudi, Makhado progress
The deadline to complete Coal of Africa’s $75m acquisition of Rio Tinto’s
Chapudi coal assets has been extended to end-May, allowing for Section 11
approval from the DMR.
Forbes Coal in shares buyback
Forbes Coal says it will buy up to 5% of its own shares, a move prompted by the group's prevailing low market valuation.