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Exxaro changes coal development plans

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Exxaro Resources has modified development plans for its proposed Thabametsi colliery because of delays inherent in the draft National Integrated Resource Plan.

Exxaro keeps KZN Sands going

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Exxaro Resources has decided to go ahead with construction of its proposed Fairbreeze mine, which secures the future of its KZN Sands titanium slag smelters near Richards Bay.

Iran in secret talks over Zim uranium

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Iranian officials have met secretly with senior Zimbabwean mining officials over a plan to get uranium for Iran's nuclear activities, according to a new report.

First Uranium aims to raise $46m

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First Uranium has priced its public equity offering a $1.00 per share in order to raise $46m.

DMR audits Eskom’s bogus suppliers

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The DMR is investigating a number of coal companies which had applied for mining rights under the pretext of supplying the resource to Eskom, but have been exporting it instead.

Exxaro expects profit to double

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Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.

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.