Glencore, Ramaphosa unveil Optimum bid
A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.
India coal demand to power Botswana
Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.
Resource Generation to focus on SA assets
Resource Generation says it has divested from its Tasmanian coal tenements to focus on its South African assets.
Uranium needs catalyst to bounce back
The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.
First Uranium enters deal with Vulisango
First Uranium has entered into a R400,000 per month consulting contract with BEE group Vulisango Holdings.
BHP Billiton appeals power price verdict
The public will have to wait to find out what BHP Billiton’s Southern African aluminium operations pay for electricity.
Glencore buys into Optimum Coal
Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.
Illegal miner dies at Grootvlei
A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.
Optimum Coal confirms bid interest
Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.
Optimum Coal shares climb as Glencore circles
Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.