Coal of Africa raises $50m loan
Coal of Africa has secured a $50m loan from Deutsche Bank, which will allow the company to repay a $20m loan to JP Morgan and provide working capital for its operations.
SA coal down in the dumps
The flurry of disinvestments by major mining groups from SA's coal sector is ominous for the industry.
ETF hints some still bet on nuclear industry
An increase in the shares outstanding of a uranium ETF suggests some still see a bright future for a nuclear industry.
Japan quake jeopardises ARMZ’s Mantra deal
Uranium One says the takeover of Mantra Resources by ARMZ is in the balance following recent events at the Fukushima power plant in Japan.
SA to rely more on nuclear, green power
The cabinet has approved a new energy plan that sees renewable and nuclear energy supplying two-thirds of SA's new power by 2030.
More backers for Rio’s Riversdale bid
Global miner Rio Tinto has received acceptances for 30.6% of shares in its $3.9bn takeover target Riversdale.
The return of Siyabonga Gama
Siyabonga Gama has been re-appointed chief executive of Transnet Freight Rail - the organisation from which he was summarily dismissed in June last year.
CoAL still waiting for answer on Vele
There's still no answer from the department of environmental affairs on when Coal of Africa will be allowed to restart operations at the Vele coking coal mine.
Japan explosions blast uranium shares
JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.
Mhlatuze speaks out on Quattro fraud
The managers of the Quattro coal export scheme say the fraud the department of mineral resources states it has uncovered was already reported to the department in July last year.