Coal decline risks poverty crisis, warns Thungela chief
THE uncontrolled decline of coal production poses a greater immediate threat to global communities than climate change itself, according to July Ndlovu, the outgoing...
Exxaro calls time on unsustainable Leeuwpan Colliery
A FORMAL Section 189 consultation has been launched with the relevant trade unions at Exxaro’s lossmaking Leeuwpan Colliery, which has become unsustainable in its...
Thungela, the coal mining success no-one expected
STRICTLY speaking, Thungela Resources CEO July Ndlovu is retiring a year earlier than at the firm’s mandatory age of 60. In a twist of...
Thungela sheds cash as rain, geology hits coal output
THUNGELA Resources reported higher-than-forecast operating costs at its coal mines for the year-to-date (end-May) owing to production disruptions.
Heavy rains disrupted production at Isibonelo and...
Shuka unfazed by legal storm over copper target Kabwe
COAL miner Shuka Minerals debuted on the JSE’s AltX last month. Surprisingly, it is the first minerals and mining listing in South Africa since...
Thermal coal price set for further declines
THERMAL coal prices are poised for further declines from their current four-year troughs, said the Financial Times in a report on Monday.
Citing analysts, the...
Liberty Coal in R250m defamation claim against Mantengu
LIBERTY Coal, operator of Mpumalanga's Optimum Colliery, has initiated legal action seeking R250m in damages against JSE-listed chrome miner Mantengu Mining and its executives....
Shuka hoping Kabwe prospect will fire up JSE listing
THE Johannesburg Stock Exchange will get its first mining listing in more than two years on Wednesday when coal and base metals firm Shuka...
Chinese coal prices plummet amid persistent oversupply crisis
COAL prices in China continue to fall sharply due to an enduring supply glut.
This is according to an article by Bloomberg News which cited...
France’s Orano considers exit from Niger uranium industry
ORANO, the French state-owned nuclear fuel company, is exploring the sale of its uranium assets in Niger following deteriorating relations with the country's military...