Brenda Berlin springs surprise by stepping down as acting CEO of...
BRENDA Berlin has resigned as acting CEO of MC Mining, the London- and Johannesburg-listed coal development firm.
Berlin gave no reason for her departure, which...
SA miners slapped with electricity levy hike
Intensive energy users face an additional levy as the South African government studies loopholes - a tax that will stay in place until the carbon tax is instituted.
Exxaro expects profit to double
Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.
Eskom warns of looming power squeeze
Eskom CEO Brian Dames says the lack of new power stations may finally catch up with South Africa in 2011.
Keaton to ride out storm in troubled coal sector
Keaton Energy CEO, Mandi Glad, said the firm would survive the downturn in the coal sector, especially following its streamlining.
Goviex raises C$2.3m in share issue in sign of confidence in...
URANIUM mining development firm, Goviex, has raised C$2.3m ($1.51m) in the first tranche of a private placement in which it will issue a total of...
Beacon Hill lists in Australia
Beacon Hill Resources, a coal exploration and production firm, is seeking to broaden
its investor base after having depository receipts listed in Australia.
Eskom paid R9.7bn in take-or-pay coal penalties to Exxaro – with...
ESKOM paid R9.7bn in penalties in terms of a take-or-pay agreement with Exxaro Resources, according to Bloomberg News which cited a presentation by the...
Banks should be compelled to invest in new coal mines –...
SOUTH African banks Nedbank and Standard Bank should be compelled to invest in building new coal mines, said Bloomberg News citing the comments of...
CoAL in $75m deal for Rio Tinto’s Chapudi
Coal of Africa has agreed to buy the Chapudi exploration project in Limpopo from joint venture partners Rio Tinto and Kwezi Mining for $75m.