Tough times at the face
New entrants to South Africa's coal sector had a bucket of cold water thrown over them at the recent Coaltrans South Africa conference.
Zambian coal power plant construction to start
Singapore's Nava Bharat Pte plans to start construction of a 300MW coal-fired power plant in Zambia by the end of 2011 and complete it by 2014, says company director Ashwin Devineni.
Mantra eyes uranium mine inside Unesco site
Mantra Resources plans to build a $400m uranium mine inside a world heritage game reserve in Tanzania within the next three years, says a cabinet minister.
Vale boosts Moatize coal output target
Brazilian mining giant Vale has raised its initial production target for the Moatize mine in Mozambique by 76% and expects to quadruple that result in 2012.
Wescoal clobbered by write-offs
Wescoal lost R43.7m in the year to March as it took a string of write-offs and impairment charges in its accounts.
Shanduka finds a new suitor
Shanduka Resources' dumping of Sentula has coincided with an announcement by ASX-listed Continental Coal over a "landmark" empowerment transaction.
Sentula, Shanduka merger goes sour
The R2.1bn deal to merge Sentula Mining and the coal assets of Cyril Ramaphosa's group Shanduka has apparently hit the skids.
Transnet: Swazi link is Waterberg saviour
Transnet's plans to service the strategic Waterberg coalfields hinge on whether it will succeed in moving general freight off the coal line, via a Swaziland loop.
Salaries of Eskom execs doubled
Eskom has paid executives 109% more than in the previous year, with its CEO now earning R5.7m a year and its human resources head getting a 507% pay hike.