Optimum directors bag R221m in share sale
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
South Africa plans to spend an estimated R400bn on building up its nuclear electricity-generating capacity, says Energy Minister Dipuo Peters.
Uranium deals abound despite poor sentiment
Corporate activity in the uranium space is picking up speed with the scramble for prime mining assets continuing to belie the negative sentiment towards the metal.
Namibia clears Extract to build Husab
Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.
RBCT responds as Transnet ups pace
Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.
Bisichi impasse benefits Wescoal
Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.
Wescoal seals recovery after lossmaking
After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.
Keaton expects earnings boost
South African coal exploration and development company Keaton Energy Holdings said it expected to post significantly improved interim earnings
Coal of Africa hugs the Mapungubwe Coalition
Coal of Africa and the Save Mapungubwe Coalition opposing the Vele mine in Limpopo Province have declared a truce and are looking to reach an agreement over the mine's development.
Power situation remains critical, says Eskom
SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.