Resgen spent millions on exploration
Resgen, the Australian company with a secondary listing on the JSE, has spent A$2.4 million on exploration and evaluation this year to date.
RBCT workers end wage strike
Some striking workers at the Richards Bay Coal Terminal have resumed work after accepting a 9.5% wage rise offer by RBCT, a company official says.
Keaton to supply 16.5mt of coal to Eskom
Keaton Energy says its 74%-held subsidiary Keaton Mining has concluded negotiations with Eskom to supply 16.5 million tonnes of steam coal from Phase 2 of its new Vanggatfontein Project near Delmas.
Uranium output on the up
Namibia's total uranium output rose 4% in the second quarter of 2010 compared with the first three months of the year, data showed.
Bullish outlook for coking coal
MF Global reckons the coking coal market has better fundamentals than the iron ore market and Mozambique stands to benefit significantly but only when the required infrastructure is provided.
Resgen goes for it in the Waterberg
Australian junior Resource Generation has big plans for its proposed coal mine in the Waterberg but success will depend on solving critical railway and port infrastructure bottlenecks.
Mining at Smitspan colliery to start mid 2011
Firestone Energy, says mining at the Waterberg Coal Project's Smitspan colliery site is targeted to commence by mid 2011.
First Uranium granted TSX review extension
Canadian uranium junior First Uranium, has advised that it has received a 30-day extension of their Toronto Stock Exchange (TSX) listing review.
Japan’s Itochu takes 10.3pct stake in Extract
Extract Resources, the Australian mining company focused on developing uranium projects in Namibia, says Japan's Itochu Corporation had agreed to acquire a 10.3% stake in its business.
Coal exports drop way below target
Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.