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Shabangu considers new coal allocations

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Final word on which BEE coal company will get what allocation in terms of the revised Quattro coal export scheme is now awaited from Minister of Mineral Resources Susan Shabangu.

Rio content with lesser stake in Riversdale

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Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.

BHP in new coal ventures

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BHP Billiton has approved three key metallurgical coal projects located in the Bowen Basin in Central Queensland, Australia.

Transnet hikes coal tariffs

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Transnet Freight Rail is imposing stiff tariff increases on rates for railing coal to both Richards Bay and Maputo which are way above South Africa's inflation rate.

Coal of Africa raises $50m loan

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Coal of Africa has secured a $50m loan from Deutsche Bank, which will allow the company to repay a $20m loan to JP Morgan and provide working capital for its operations.

SA coal down in the dumps

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The flurry of disinvestments by major mining groups from SA's coal sector is ominous for the industry.

ETF hints some still bet on nuclear industry

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An increase in the shares outstanding of a uranium ETF suggests some still see a bright future for a nuclear industry.

Japan quake jeopardises ARMZ’s Mantra deal

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Uranium One says the takeover of Mantra Resources by ARMZ is in the balance following recent events at the Fukushima power plant in Japan.

SA to rely more on nuclear, green power

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The cabinet has approved a new energy plan that sees renewable and nuclear energy supplying two-thirds of SA's new power by 2030.

More backers for Rio’s Riversdale bid

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Global miner Rio Tinto has received acceptances for 30.6% of shares in its $3.9bn takeover target Riversdale.