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Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance

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THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...

SA’s coal exporters facing more disappointment as rail rates plummet a...

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SOUTH Africa's coal producers are heading into more disappointment as the rate of exports has declined another fifth in the year-to-date. Outgoing CEO of the...

Paladin Energy shares plummet after Namibia “makes case” for state ownership

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SHARES in Paladin Energy fell 19.6% on the Australian Stock Exchange today after Namibia said it was considering taking free carry stakes in resources...

Never mind Eskom, Transnet is flailing and could hit SA mining...

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TEMPERS are flaring big time in the country's mining sector. One coal executive described the further deterioration in performance of Transnet Freight Rail (TFR)...

Sibanye-Stillwater signs 89MW wind power agreement from 2025 for SA mines

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SIBANYE-Stillwater said today it had taken the first step in a 580MW renewable energy programme after agreeing to buy 89MW of wind power. A 15-year...

Implats calls for 30MW solar plant tenders at 73%-owned Marula Platinum

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IMPALA Platinum's (Implats') 73%-owned Marula Platinum has requested tenders for the supply and management of a 30MW solar plant at the Limpopo province operation. "Security...

Tendele ordered to halt mining at Somkhele ahead of June 9...

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TENDELE Coal has been ordered to halt mining at the Somkhele coal mine in KwaZulu-Natal province pending the outcome of renewed court hearings due...

In Pictures: Transnet Freight Rail’s 50-wagon coal derailment

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SOUTH Africa's coal industry is absorbing the news of a coal freight derailment on May 12 near Vryheid involving 56 coal-laden wagons and locomotives....

SA warming to nuclear power as prepares request for proposals

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THE South African government is warming to nuclear as a long-term solution to its power crisis, according to a report by News24. In a parliamentary...

Namibia agrees $10bn green hydrogen deal with German firm

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NAMIBIA unveiled an agreement with German-backed Hyphen Hydrogen Energy for the next phase of a previously agreed $10bn green hydrogen project that will export...