Tough times at the coal face for Sentula
Sentula's share price remains depressed as the mining contractor battles tough operating conditions in South Africa's coal sector.
BHP OKs $822m for new Autralian iron ore mine
BHP Billiton has approved $822m in capital spending to dig a new iron ore mine in Australia, capable of yielding 17 million tonnes of ore a year starting in mid-2012.
Gillard pushes to end India uranium sales ban
Australian Prime Minister Julia Gillard is pushing to overturn a ban on sales of uranium to India, potentially opening up a new and growing market for suppliers.
BHP sees shale gas capex over $4bn in 2012
BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.
SA economy needs coal policy: Manuel
Trevor Manuel, chairman of the National Planning Commission, has urged development of a coal policy to help speed SA's economy, and said the mineral would remain central to the country's growth.
Glencore to buy Mercuria stake
Glencore, the Swiss trading house, has entered into an agreement to buy Mercuria Energy Asset Management's 5% stake in Optimum Coal Holdings.
Optimum secures R2.2bn in credit
Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.
Uranium One Q3 profit beats estimates
Uranium One has posted a third-quarter profit that beat analysts' estimates, helped by higher realised prices.
Wescoal goes to court over wind-up request
Wescoal has applied to the North Gauteng High Court to set aside an application for the winding up of the company.
CoAL to raise $100m via placing
Coal of Africa says it plans to raise about $100m in a placing mainly to bring the Vele project into production and to complete the acquisition of Rio Tinto's Chapudi Coal project.