Further delay at CoAL’s Vele colliery
The resumption of mining operations at the Vele coking coal mine has been pushed back into the first quarter of next year, but Coal of Africa remains focused on its overall growth strategy.
CoAL in $75m deal for Rio Tinto’s Chapudi
Coal of Africa has agreed to buy the Chapudi exploration project in Limpopo from joint venture partners Rio Tinto and Kwezi Mining for $75m.
Unions call dispute over Exxaro lay-offs
Trade unions Solidarity and the National Union of Mineworkers have declared a dispute with mining company Exxaro Resources over looming retrenchments.
Uranium One jumps on sale go-ahead
Shares in Uranium One have ticked up 6% following the announcement that the group received approval from US authorities to proceed with the sale of a controlling stake in itself to a Russian miner.
Eskom plans third new coal station
Kusile and Medupi will not be South Africa's last coal-fired power stations, says Eskom CEO Brian Dames.
ResGen ups Ledjadja stake
Energy group Resource Generation has increased its ownership of the Ledjadja project from 49% to 74%.
Eskom calls for coal market intervention
The government needs to regulate the supply of coal to its power plants to ensure exports of the material do not jeopardise electricity generation, says Eskom.
African Eagle, Jacana sign uranium deal
African Eagle Resources has vended its non-core uranium division to Jacana Resources, a private Australian company, in return for shares and cash.
Govt may regulate coal exports
Government is seriously considering the regulation of coal exports to protect Eskom from local producers who get higher prices for their coal in India and China.
IRP2 sinks major power project
An Australian firm has abandoned plans to develop a 1,000MW coal-fired power station for SA, saying the draft Integrated Resource Plan will make the project unsustainable.