Thungela pins 2022 coal production guidance on turnaround at troubled Transnet
THUNGELA Resources is to pay an interim dividend owing to vastly improved thermal coal prices which offset the chronic under-performance of Transnet, the South...
SA heading for disappointing thermal coal exports even as market incentivises...
SOUTH African thermal coal exports fell in the first four months of this year which saw the country miss out on record prices for...
Transnet failure to get beyond 60Mt in coal exports will cost...
INTERESTING arithmatic by RMB Morgan Stanley has highlighted the opportunity cost to the South African fiscus as a result of Transnet's difficulties operating its coal...
MC Mining’s new installed management says Makhado coal project to be...
MC Mining said today it had secured a R60m standby loan facility with one of its shareholders Denocept Proprietary with some of the funds...
Profits from coal to power Glencore re-rating following corruption relevations
SHARES in Glencore are tipped for a re-rating following publication of reports by US, UK and Brazilian anti-fraud organisations into corruption perpetrated by the...
Renergen says local asset managers are “50% of problem” in SA...
RENERGEN CEO Stefano Marani launched a stinging attack on South African asset managers at the Junior Indaba being held in Johannesburg accusing them of...
Higher uranium price to trigger wave of new mines in Namibia
A RAFT of uranium projects in Namibia were waiting for higher prices before approval, said Bloomberg News citing the southern African country's finance minister,...
Thungela under fire as Khwezela acid spill attracts criminal investigation
THUNGELA Resources CEO July Ndlovu defended the firm's disclosure practices after an overflow of acidic water at its Khwezela colliery potentially polluted a nearby...
Eskom blames “power tool” sabotage for delay in restoring Tutuka power...
ESKOM'S power stations are under attack from within after the government-owned utility confirmed today sabotage at its Tutuka facility where a cable had been...
1,500 jobs at risk if Somkhele mine not allowed to proceed,...
PETMIN said 1,500 employees would lose their jobs unless South African mines minister, Gwede Mantashe approved a mining licence and environmental management permit (EMPr)...