CoAL runs low on available cash
Coal of Africa is "assessing the various financing alternatives available" as negative cash flows eat into its working capital.
Posco, Vale in Mozambique coal JV
Posco, the world's No.3 steelmaker, says it has agreed with Brazilian group Vale to jointly seek to develop a coal mine in Mozambique.
Uranium One appoints new CEO
Uranium One says it has appointed Chris Sattler as the company's new CEO to succeed Jean Nortier.
Supply tight as Eskom battles wet coal
Eskom says it has put measures in place to protect stocks from rain, but warns SA's power supply remains tight.
Rio Tinto closes in on Riversdale
So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.
CoAL lodges Makhado rights application
Coal of Africa has lodged a new order mining right application for its Makhado coking coal project in Limpopo.
CoAL plans new mines for Limpopo
Coal of Africa has applied for a mining licence over its Makhado project which is the first of several new mines it would like to build in Limpopo Province.
Rain not affecting deliveries – RBCT
Richards Bay Coal Terminal says persistent heavy rains have not stopped coal deliveries to the port.
Coal prices drop as fears of supply crunch ease
Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.
Coking coal may hit $500 a tonne:analysts
Spreading floods in Australia, which produces half the world's coking coal, may push prices even higher say analysts.