Uranium One Q3 profit beats estimates
Uranium One has posted a third-quarter profit that beat analysts' estimates, helped by higher realised prices.
Wescoal goes to court over wind-up request
Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.
CoAL to raise $100m via placing
Coal of Africa says it plans to raise about $100m in a placing mainly to bring the Vele project into production and to complete the acquisition of Rio Tinto's Chapudi Coal project.
CFM to upgrade Sena line by early 2013
Mozambique's ports and railways company CFM expects to complete a refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete province by early 2013.
BHP approves Caval Ridge development
BHP Billiton has approved development of the Caval Ridge Mine project and expansion of the Peak Downs Mine in the northern Bowen Basin in Central Queensland, Australia.
Num, Exxaro agree on wage deal
The National Union of Mineworkers says it has agreed a wage deal with Exxaro for workers that do not fall under wage deals struck earlier by the Chamber of Mines.
CoAL to raise another $40m in debt
Coal of Africa is close to finalising a new $40m debt facility, but will need to raise more funds to pay for its short and medium term growth plans.
Firestone negotiating Eskom supply deal
Firestone Energy said it would renegotiate the terms of a memorandum of understanding with Eskom in which supply and delivery period was expected to change.
Fury over Medupi delay
A 10-month delay in commissioning Medupi’s first generating unit will cause huge electricity and financial problems for the country's mining industry.
Sentula in new BEE talks
Sentula says it has started discussions on a proposed broad-based black economic empowerment transaction.