Energy

BHP sees shale gas capex over $4bn in 2012

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BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.

South32 says Eskom committed to Khutala coal expansion

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SOUTH African power utility, Eskom, remained committed to the brownfields development of Khutala, the South32 colliery that supplies Kendal power station, said Mike Fraser,...

Coal to boost mining share of Mozambique GDP

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Mozambique's coal exports will more than double the contribution of mineral resources to the country's GDP within three years, says a government official.

Exxaro to build on non-coal ambitions with R1.55bn takeover of Cennergi

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EXXARO Resources is to buy 100% control of its renewable energy play Cennergi from India's Tata Power Company for R1.55bn as it seeks to...

Shiva Uranium wastes no time cutting jobs

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Shiva Uranium, who took over Uranium One's Dominium Reefs Mine, has wasted no time cutting jobs at the mine despite promising the Competition Commission that no job losses would result from the takeover.

100,000 jobs at risk by 2030 if Government fails to lock...

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JOBS were at risk in South Africa's coal sector owing to difficult trading conditions in export markets and unattractive regulatory prospects domestically, said Aubrey...

Paladin reopens Langer Heinrich after maintenance shutdown

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PALADIN Energy, the Australian-listed uranium development firm, said it had restarted its Namibia mine Langer Heinrich (LHM) following a planned shutdown. "During the shutdown, routine...

CoAL to raise another $40m in debt

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Coal of Africa is close to finalising a new $40m debt facility, but will need to raise more funds to pay for its short and medium term growth plans.

SA mining industry resilience to Eskom crisis will buckle if rolling...

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A REPORT by RMB Morgan Stanley in the final weeks of 2019 suggested that, contrary to popular thought, Eskom’s rolling blackouts since about 2008...

Sekoko intends to resuscitate scaled down Waterberg project

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SEKOKO Resources, an unlisted black-owned mining investment firm, is hopeful it can breathe new life into the Waterberg Coal Project, a thermal coal prospect...