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Rio secures more than 49% of Riversdale

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Global miner Rio Tinto says it has beaten its target of acquiring 47% of Riversdale ahead of the deadline for its takeover offer.

Coal of Africa gets licence for Vele

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Mining company Coal of Africa has received a water use licence for its Vele coking coal project in Limpopo.

JSW takeover of CIC hits new hurdle

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CIC Energy Corp says the Botswana government has declined to renew one of its two mining licenses there.

First Uranium’s gold output slumps

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First Uranium's gold production has slumped well below the revised target provided in January, while it also faces a third-party legal challenge to a key water permit.

Ipsa remains under pressure

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At long last independent power producer Ipsa has its Newcastle power plant back in operation, but bureaucratic delays experienced with Eskom have done a lot of financial damage.

RBCT shelves expansion plans

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Richards Bay Coal Terminal has shelved plans to increase export capacity until 2015 due to the slow pace of rail infrastructure expansion, according to Business Report.

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.