Eskom’s ‘overcooked’ tariffs slated
A body representing the largest consumers of electricity says Eskom's inflated tariffs will negatively affect the economy.
Strikes helping Eskom
Strikes in the metals and mining sectors and brief snaps of winter have taken significant pressure off Eskom during the coldest months of the year, says CEO Brian Dames.
Optimum Coal in major refinancing
Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.
Optimum Coal expects earnings boost
Optimum Coal says its full year earnings will improve by between 71% and 78%.
BHP’s tender offer to acquire Petrohawk completed
BHP Billiton has advised that all conditions to acquire the outstanding shares of Petrohawk Energy Corporation for $38.75 per share have been satisfied.
Paladin secures uranium sales agreement
Uranium miner Paladin Energy has signed a series of term uranium sales agreements for output from the Langer Heinrich Stage 3 expansion in the Namib Desert.
Anglo weighing counter offer for Macarthur
Anglo American is contemplating a bid for Australia's Macarthur Coal that will challenge US coal company Peabody Energy's earlier offer, according to a Bloomberg report.
Optimum Coal buys prospecting rights from BHP
Optimum Coal has bought two prospecting rights from BHP Billiton in a move to boost its portfolio.
Optimum surges on deal prospects
Shares in Optimum Coal Holdings are on the charge following a cautionary announcement and expectations it would add assets to its porfolio.
Forbes sets out growth targets
Forbes Coal said run-of-mine coal production would increase just over 400,000 tonnes from its two KwaZulu-Natal province mines in the current financial year.