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Lights will stay on, for now, says Eskom

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Power utility Eskom has denied currency market speculation of power outages.

BHP faces shale gas lawsuit

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BHP Billiton faces class action from US landowners who claim the company's shale gas business is creating a toxic soup, according to a report.

SA to start nuclear bidding in 2012

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SA needs to start the procurement for its planned nuclear plants next year so it can commission the first 1,600 MW power station by 2023, says a government official.

Another coal export mess looms

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Coal export volumes through the Richards Bay terminal are running way below target as speculation mounts over Transnet's railage policy and whatever may be happening with the Quattro scheme.

First Uranium reaches ‘key’ milestone

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First Uranium Corporation says its Ezulwini mine shaft moiling and upgrade program has made significant progress and as a result, a key production restraint has been removed.

Uranium One needs to find A$1bn

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Uranium One has up to two years to raise A$1bn to buy Mantra Resources from its Russian parent ARMZ, and will then invest more than $430m to build a new uranium mine in Tanzania.

Namibia blasts Glencore over fuel deal

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A contract between Glencore and Namibia’s petroleum parastatal Namcor has masked the Swiss company’s aim to take over the country’s oil industry, reports The Namibian.

Exxaro to sell coal properties for cash

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Exxaro Resources wants cash for three Mpumalanga coal deposits, which it has decided are too small to be developed by the group.

Optimum Coal issues Richards Bay plea

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Transnet Freight Rail and the country’s coal producers have to find a way to exploit the full export potential of the Richards Bay Coal Terminal, says Optimum Coal CEO Mike Teke.

Vale opens Mozambican coal mine

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Vale has opened a new $1.7bn coal mine in Mozambique, tapping the southern African country's thermal and coking coal reserves of around 23 billion tonnes.