Another coal export mess looms
Coal export volumes through the Richards Bay terminal are running way below target as speculation mounts over Transnet's railage policy and whatever may be happening with the Quattro scheme.
First Uranium reaches ‘key’ milestone
First Uranium Corporation says its Ezulwini mine shaft moiling and upgrade program has made significant progress and as a result, a key production restraint has been removed.
Uranium One needs to find A$1bn
Uranium One has up to two years to raise A$1bn to buy Mantra Resources from its Russian parent ARMZ, and will then invest more than $430m to build a new uranium mine in Tanzania.
Namibia blasts Glencore over fuel deal
A contract between Glencore and Namibia’s petroleum parastatal Namcor has masked the Swiss company’s aim to take over the country’s oil industry, reports The Namibian.
Exxaro to sell coal properties for cash
Exxaro Resources wants cash for three Mpumalanga coal deposits, which it has decided are too small to be developed by the group.
Optimum Coal issues Richards Bay plea
Transnet Freight Rail and the country’s coal producers have to find a way to exploit the full export potential of the Richards Bay Coal Terminal, says Optimum Coal CEO Mike Teke.
Vale opens Mozambican coal mine
Vale has opened a new $1.7bn coal mine in Mozambique, tapping the southern African country's thermal and coking coal reserves of around 23 billion tonnes.
Optimum buys rights to bulk-up Koornfontein
Optimum Coal says it has bought two prospecting rights in close proximity to its Koornfontein operations, envisaged to extend Koornfontein’s lifespan by 12 years.
Rio seeks to delist Riversdale
Rio Tinto proposes to delist Riversdale Mining after gaining control of more than 73% of the firm.
Namibia plan ‘taken out of context’
Uranium explorer Extract Resources says it will seek clarity from the Namibia government on reports it plans to assign almost all mineral rights to a state-owned company.