Energy

MC Mining to issue R15m in shares as part of debt...

MC Mining described discussions aimed at issuing R15m worth of shares as "positive" following an agreement with the Industrial Development Corporation (IDC) to restructure...

Pensana’s Angola rare earths listing is first mining IPO for UK...

THE UK's first resources-focused public listing since the COVID-19 pandemic took place today after Pensana Rare Earths brought its Longonjo project in Angola to the main...

Resgen extends funding close for R4.2bn coal mine to end-August as...

RESOURCE Generation (Resgen) has extended the financial close for funding of its Boikarabelo thermal coal mine to the end of August partly owing to...

Two killed, seven injured in explosion at Glencore-owned Cape Town oil...

TWO people died and seven others were injured in an explosion and fire at an oil refinery in South Africa. The facility is owned by...

Menar aims to restore Kangra, ZAC after coal markets “destroyed” by...

COAL mines producing about 2.2 million tons a year (Mt/y) would not reopen until 2021 after being placed on care and maintenance earlier this...

Paladin to restart Namibia’s Langer Heinrich after uranium price plummets 60%...

THE Langer Heinrich uranium mine in Namibia is to get a new lease on life after Paladin Energy announced plans to restart production at...

Exxaro coal sales to Eskom to drop 8% as sides remain...

EXXARO Resources (Exxaro) has coped remarkably well with the volatile business conditions experienced during the first six months of its current financial year to...

Eskom warns of load-shedding as unplanned breakdowns strike at four units

ESKOM told South Africans to prepare for the possibility of renewed load-shedding today following unexpected breakdowns of its fleet. The announcement comes on the eve...

Pope Francis says COVID-19 will throw spotlight on environment and fossil...

POPE Francis said the drastic reduction in pollution during COVID-19 lockdowns globally ought to lead to greater concern for the environment. "The lockdown has reduced...

Assmang facing R89m lawsuit from Eskom after allegedly failing to make...

ESKOM is suing mining company Assmang for R89m in damages. The power utility alleges that the company failed to achieve the energy savings at Assmang’s...