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Firestone Energy increases Waterberg resource

Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.

Rossing South sixth largest on upgrade

Extract Resources has announced a resource upgrade that moves its Rossing South property among the top six global uranium deposits by contained metal.

Eskom contracts independent power producers

ESKOM has contracted five independent power producers to commission privately generated electricity to boost its energy supply.

Work stops on CoAL’s Vele mine

Development work on Coal of Africa's Vele coking coal mine in Limpopo Province has been stopped while the company negotiates with the Department of Environmental Affairs

Uranium One lifts output target

Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.

CoAL to defend bid to halt mining at Vele

South African miner Coal of Africa says it will vigorously defend the appeals brought against its Vele mine on environmental concerns and that they had no basis or legal merit.

Exxaro earnings seen up to 73% higher

Diversified resources group Exxaro says it expects headline earnings per share for the six months to end June 2010 to be between 650c and 700c, representing an increase of between 60% and 73% when compared to the corresponding period in 2009.

Strike didn’t hinder coal exports

Richards Bay Coal Terminal has managed to increase coal exports in July despite the nine-day strike at the world's largest coal terminal.

Eskom’s World Bank loan under investigation

The World Bank's Inspection Panel has confirmed that it is investigating the awarding of the bank's $3.75bn loan to South African power utility Eskom.

Solidarity, Exxaro Coal reach wage agreement

Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.