Sasol Mining concludes BEE deal
Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.
CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.
Higher Transnet deliveries boost coal exports
South Africa's coal exports rose to 5.36 million tonnes in September from 4.16 million tonnes in the same month last year, boosted by higher deliveries by logistics group Transnet.
Trading in Firestone shares halted
The Australian group Firestone Energy, which plans to develop coal projects in SA, has requested that trading in its shares be suspended.
Coal of Africa shares plunge
Coal of Africa shares plunged on the JSE during trading on Friday as the year-end results revealed the financial impact of operating problems at its Mooiplaats colliery.
Record coal delivery for Transnet
Transnet is on track to reach its long-term target of delivering 81 million tons per annum to Richards Bay Coal Terminal.
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.