R3.5bn uranium project hit by price slump
Low uranium prices may lead to a delay in the R3.5bn Rand Uranium mine on the west Rand while other uranium projects are also pending.
Optimum Coal suffers profit slump
Optimum Coal Holdings has been hit by lower export prices for coal and the stronger rand.
Optimum Coal sues Eskom
Optimum Coal has taken Eskom to arbitration in a bid to cancel the supply contract between the Optimum Colliery and Eskom's Hendrina power station because of a dispute over coal quality.
Resgen secures offtake from coal mine
Resource Generation took an important step forward in developing its Boikarabelo coal mine in the Waterberg after signing an offtake agreement.
Eskom: Medupi has not been delayed
Eskom has dismissed claims that SA faces a dire situation because of delays with the Medupi power station.
SA govt approves Rios, CoAL swap
A farm swap between Rio Tinto, the UK miner, and Coal of Africa Ltd has been approved which CoAL boss John Wallington said would lead to larger project developments.
Petmin declares maiden dividend
A solid set of results despite difficult trading conditions has put Petmin in the position where it could declare a maiden dividend while investing R120m at its Somkhele anthracite mine.
Gulf of Mexico oil spill continues to batter BP
The Gulf of Mexico oil spill involving British petroleum giant BP continues to dig into the company's pockets having cost about $8bn since April.
Keaton stakes claim with Mpuma project
Keaton Energy is confident its first large coal mining project, Vanggatfontein in Mpumalanga, will be a major supplier of A-grade coal in the local market.
Oil slumps 9pct in August
US crude oil prices have posted the first monthly decline since May as concerns about faltering economic growth, weak demand and bulging oil inventories pressured crude and gas.