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Eskom contracts independent power producers

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ESKOM has contracted five independent power producers to commission privately generated electricity to boost its energy supply.

Uranium One lifts output target

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Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.

Work stops on CoAL’s Vele mine

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Development work on Coal of Africa's Vele coking coal mine in Limpopo Province has been stopped while the company negotiates with the Department of Environmental Affairs

CoAL to defend bid to halt mining at Vele

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South African miner Coal of Africa says it will vigorously defend the appeals brought against its Vele mine on environmental concerns and that they had no basis or legal merit.

Exxaro earnings seen up to 73% higher

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Diversified resources group Exxaro says it expects headline earnings per share for the six months to end June 2010 to be between 650c and 700c, representing an increase of between 60% and 73% when compared to the corresponding period in 2009.

Strike didn’t hinder coal exports

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Richards Bay Coal Terminal has managed to increase coal exports in July despite the nine-day strike at the world's largest coal terminal.

Eskom’s World Bank loan under investigation

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The World Bank's Inspection Panel has confirmed that it is investigating the awarding of the bank's $3.75bn loan to South African power utility Eskom.

First Uranium recovers some lost ground

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First Uranium shares have staged a partial recovery from their recent lows on both the JSE and TSX in response to better news in the June quarter production report.

Deep Yellow upgrades Jorc Resources

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Mining group Deep Yellow has announced an upgrade and expansion of the mineral resource estimate at its INCA uranium deposit in Namibia.

Solidarity, Exxaro Coal reach wage agreement

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Trade union Solidarity says that it has reached a "favourable" wage agreement with coal producer Exxaro Coal.