Anglo stops all coal operations due to strike
Anglo American says it has halted operations at its South African coal mines due to the ongoing wage strike.
Regulator stops First Uranium operations
First Uranium has been forced to suspend operations after intervention from the nuclear regulator.
Optimum preps R800m capital raiser
Optimum Coal Holdings is pressing ahead with plans to raise R800m, or more, by November to finance its growth projects and possibly add more to its portfolio.
AngloGold takes up major First Uranium stake
Village Main Reef has sold the majority of the 26% stake it held in First Uranium to AngloGold Ashanti for R205m.
IDC begins funding Waterberg coal project
The IDC has commenced funding the development of the Waterberg coal project by approving the first drawdown of the facility by Sekoko Resources, says project partner Firestone Energy.
Coal workers want ‘reasonable’ offer
At the start of wage negotiations in the coal sector, unions demand a 14% wage hike, while firms offer 5%.
Coal law could benefit SA exporters
Draft legislation in Indonesia could prove very profitable for South African coal exporters seeking to export lower quality coal to India and China.
China cool on ‘expensive’ SA coal
The price of importing South African coal into China has fallen to be nearly on par with Chinese domestic rates, but buyers are not biting, industry players say.
Uranium find in India could be world’s largest
A huge deposit of uranium India has found in a southern state may turn out to be among the biggest reserves of the mineral in the world.