Uranium One posts record revenue
Uranium One said that despite difficulties in the uranium industry during 2011, the
company was able to post record revenues and an 89% improvement in earnings
from mining operations.
EU says nuclear stress tests completed by mid-year
Stress tests on European Union nuclear facilities would be completed by the mid-
year with EU Energy Commissioner, Guenther Oettinger, saying thoroughness was
essential.
Exxaro forms IPP with India’s Tata Power
Exxaro Resources has taken its first steps in developing an energy division by
forming a joint venture to establish an independent power producer with
India’s Tata Power.
Gold One offers $70m for First Uranium’s Ezulwini
Gold One gives further signal it wants uranium as well as gold exposure after
concluding its second uranium deal in the last 12 months.
AngloGold in $335m First Uranium swoop
AngloGold Ashanti's offer, if approved, will take gold production some 80,000
oz/year higher in the short term, and uranium output to 4.5 million pounds
annually.
Mozambique rejects Rio barging plan
Plans by Rio Tinto to barge coking coal mined from its Riversdale operation down
Mozambique's Zambezi river have been scotched by the country's government.
Firestone to lift output on Eskom, investor talks
Coal supply negotiations with Eskom and an unnamed multinational will result
in Firestone Energy radically increasing proposed production from its Waterberg
project.
Miranda declared ready to start coal mining
Miranda Minerals said it was over its business travails and, with a fresh
balance sheet, was looking forward to producing coal from the KwaZulu-Natal
province.
R300bn nuclear budget “just the beginning”: Peters
The R300bn set aside in finance minister Pravin Gordhan's national budget last week
for nuclear power in South Africa was just a beginning said Dipuo Peters, energy
minister.
Exxaro: Transnet on the right track
Exxaro CEO Sipho Nkosi says Government is finally serious about providing the rail
infrastructure that the country’s coal sector badly needs for large-scale expansion.