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.
CoAL Chapudi deal extended again
CoAL of Africa's efforts to land its $85m Chapudi coking coal deal from Rio Tinto have been frustrated again.
Wescoal sells plant in restructure
Wescoal Holdings is to sell its Blesboklaagte washing plant in Witbank for R15m to Slater Coal Marketing as part of its restructuring plan.
Uranium One profit soars
Uranium One has posted a more than five-fold increase in profit, as the company boosted production by 33% and was paid more per pound of uranium sold.
Rio, Mitsubishi bid to mop up Coal & Allied
Rio Tinto and Mitsubishi Corp have made an offer to buy out Coal & Allied for $1.56bn, looking to take full control of the Australian coal miner.
BHP to appeal power rates judgment
BHP Billiton will apply for leave to appeal against a judgment ordering it and Eskom to disclose the power price agreements of BHP’s aluminium smelters.
Court orders release of Eskom/BHP prices
UPDATED: A judge has ordered state utility Eskom to release details of an undisclosed pricing deal with mining giant BHP Billiton.
Coal to boost mining share of Mozambique GDP
Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.