Green shoots for South Africa’s coal export line?
COAL deliveries to Richards Bay are 6% higher year-on-year but the iron ore line is yet to record significant improvements, said RMB Morgan Stanley.
The...
Paladin shares sink as it cuts uranium output
PALADIN Energy has cut uranium oxide production guidance after running into ramp-up problems at its Langer Heinrich mine in Namibia.
The Sydney-listed firm said on...
Anglo to sell Aussie metallurgical coal stake for A$1.6bn
ANGLO American finally has runs on the board in its far-reaching restructuring strategy announcing on Monday an agreement to sell its 33.3% stake in...
Thungela has best leverage to coal price, Transnet improvements
ONE way of playing the global geopolitical distress is to exploit coal, the reputation of which has been slightly rehabilitated of late.
Commenting at the...
Paladin bid for Fission in limbo as Canada probes deal
PALADIN Energy said on Wednesday it was still waiting on regulatory approval for its proposed C$1.1bn takeover of Canada's Fission Uranium Corp.
This was despite...
Thungela excludes Anglo coal mines in M&A pursuit
THUNGELA Resources said it was still on the hunt for offshore metallurgical and thermal coal assets but Anglo American's Australian assets weren't on its...
Mantashe wants commodity price-linked electricity tariffs
MINISTER of Mineral and Petroleum Resources Gwede Mantashe on Thursday raised the possibility of negotiating electricity tariffs linked to commodity prices in an effort...
Northam signs debut renewable power deal, with others in pipeline
NORTHAM Platinum said on Friday it had agreed to buy solar power for its Zondereinde mine reducing the operation's carbon footprint by just over...
Canadian investor urges SA to “just mine your coal”
DEVELOPED countries trying to impose strict green regulatory requirements on mining companies in undeveloped economies like South Africa were hypocritical and unfair.
"You have so...
Eskom says SA has to suck up tariff increases
ESKOM'S application for above-inflation tariff hikes over the next three years opens the conversation about what South Africa's national electricity utility needs to invest...