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Weather prompts another force majeure

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Xstrata has declared force majeure at its Ulan thermal coal mine in Australia's New South Wales state due to heavy rains, the company says.

Keaton Energy bags Leeuw Mining

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Keaton Energy has taken over a KwaZulu-Natal based coal producer Leeuw Mining in a deal which gives it direct access to the export market and ownership of new projects.

Xstrata profit up sevenfold on commodities boom

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Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.

Govt mining firm almost ready to go

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A state-owned coal and uranium mining company will be up and running within weeks.

Anglo eyes Mapungubwe’s sacred land

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A subsidiary of Anglo American is considering mining coal near the environmentally sensitive Mapungubwe world heritage site in Limpopo.

Miners fire back at Eskom over coal

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Eskom has to reflect on its own deficiencies before blaming the mining industry for its coal quality and supply concerns, says Chamber of Mines CEO Bheki Sibiya.

Rand Uranium back in business

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With the uranium price back at $70/lb, Rand Uranium CEO John Munro is sounding confident he will be able to find the funding needed to build a recovery plant near Randfontein.

Indian consortium hunts coal

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An Indian coal consortium is looking to acquire overseas coal assets, says a top official at one of the member companies, to meet rising demand for the key raw material in Asia's third-largest economy.

Transnet ‘needs to up its game’

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It is essential that Transnet appoints a new CEO, while Eskom has to renegotiate pricing with coal suppliers if the power utility is worried about coal security, says Optimum Coal CEO Mike Teke.

Shabangu makes coal exports threat

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Government will not allow coal producers to cash in on the soaring international demand for the commodity to the detriment of Eskom, says Mines Minister Susan Shabangu.