CoAL’s Vele to start output this year
Production at the Vele coal mine owned by Coal of Africa, was expected to start this year after discussions regarding the mine's environmental impact had progressed well.
BHP starts aggressive bid for Potash Corp
-- Anglo-Australian mining giant BHP Billiton launched a a hostile takeover bid on Wednesday for Canada's Potash Corp which values the world's...
Watchdog charges First Uranium
The Competition Tribunal says it has laid a charge against First Uranium Corporation accountant Rory Cole following his failure to respond to a summons.
Optimum coal earnings expected to jump
Optimum Coal says it expects its full year earnings per share and headline earnings per share to be more than 20% lower than for the previous financial year.
Transnet mulls further coal expansions
Transnet, the South African transport utility, said it was considering expanding coal line capacity to beyond 81 million tonnes/year, an amount that is already requiring R16bn in expansion capital.
High stockpiles may slow China’s coal shipments
Some Chinese buyers are seeking to defer the delivery of prompt thermal coal shipments by at least a month, citing high stockpiles at the country's ports, sources from three affected trading firms say.
Firestone Energy increases Waterberg resource
Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.
Rossing South sixth largest on upgrade
Extract Resources has announced a resource upgrade that moves its Rossing South property among the top six global uranium deposits by contained metal.
Eskom contracts independent power producers
ESKOM has contracted five independent power producers to commission privately generated electricity to boost its energy supply.
Uranium One lifts output target
Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.