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CoAL wants lower rail tariffs

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Transnet is doing a good job on increasing coal railages to Maputo, but tariffs have to drop to make further expansions viable, according to CoAL CEO John Wallington.

Optimum Coal reviews share trades

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Directors at Optimum Coal are reviewing an expression of interest from Glencore and share sales made to the suitor, despite the absence of a formal bid, say investors.

SA to build new nuclear power plants

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Energy Minister Dipuo Peters says she has signed off on a proposal for new nuclear energy plants which is to be sent to the cabinet soon.

Sekoko in talks with ‘cornerstone’ investor

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Sekoko Resources, in joint venture with Firestone Energy to develop coal in the Limpopo province's Waterberg, is in talks with multinational power company that could become a cornerstone shareholder.

Rock driller loses life at Ezulwini

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A rock drill operator has lost his life at First Uranium Corp.'s Ezulwini mine, the company announced.

Egypt to invest in Rwanda power

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Orascom Construction Industries plans to invest up to $130m in Rwanda in the next three to four years to build a methane power plant to produce 50 megawatts.

Vale readies first 35kt of Mozambique coal

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Brazilian miner Vale said it would export its first coal from its Mozambique mine on Wednesday after resolving bottlenecks on the rail line.

Forbes Coal posts record exports

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Forbes Coal exported 192,400 tonnes of coal in the second quarter of its financial year.

Sasol cans Chinese CTL venture

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Sasol has brought the curtain down on a proposed $5bn coal-to-liquids joint venture project in China, citing delays in having the endeavour approved by the Chinese authorities.

Explosion at French nuclear site kills one

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A furnace has exploded at the Marcoule nuclear waste treatment site in southern France, killing one person.