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First Uranium posts wider-than-expected loss

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Gold and uranium producer First Uranium Corp posted a wider-than-expected quarterly loss, hurt by foreign exchange translation and certain expenses.

Mandela’s fugitive son-in-law in coal deal

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Nelson Mandela's fugitive son-in-law has landed a R500m coal mining deal with the ANC's investment front, Chancellor House, reports Sunday Times.

CoAL staves off Mooiplaats closure

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UPDATED: Shares in CoAL are on the up, after the miner said it had reached an agreement with provincial authorities over environmental concerns at its Mooiplaats colliery.

Keaton ups Vanggatfontein reserves

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Keaton Energy has declared a 24% increase in the coal reserve of its Mpumalanga-based Vanggatfontein project.

CoAL blames Mooiplaats woes on unclear laws

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Coal of Africa says the majority of South African mines will be forced to close shop if environmental legislation is to be applied consistently.

CoAL shares hit dirt

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Coal of Africa's shares have slumped nearly 16% after it received an order from provincial authorities to address environmental concerns at its Mooiplaats colliery.

Exxaro to cut down workforce

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Exxaro Resources says up to 300 of its 10,500 workforce faced being retrenched in an effort to reduce costs and improve productivity at the diversified mining group.

RBCT sets new export record

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Richards Bay Coal Terminal broke its monthly export record set in December 2005 at 7.24 million metric tonnes, by exporting 7.38 million metric tonnes in October, the group says.

More clarity needed on SA mining rules

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Coal of Africa CEO John Wallington says greater clarity is needed over regulatory processes in South Africa if the country is to improve its image as a mining investment destination

Transnet commits to expand coal exports

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Transnet has committed to increasing coal export capacity on the Richards Bay coal line to 81mt/year by 2014 provided it gets take or pay contracts with the coal exporters.