Energy

Uranium listing shows SA’s junior mining is still kicking

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ONE thing resource miners have in spades is optimism. Take South Africa’s latest digger, Neo Energy Metals, which is hoping to build a uranium...

Rio Tinto agrees SEC fine to close calamatous Mozi coal investment

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RIO Tinto brought the curtain down on a disastrous investment in Mozambique's coking coal industry after it agreed to pay a $28m fine to...

Canada’s Lassonde “mystified” Teck accepted Glencore bid

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CANADIAN businessman Pierre Lassonde said he was "mystified" by Teck Resources' decision to sell its coal unit to a Glencore-led consortium for $9bn because his...

Glencore clinches $6.93bn deal for Teck’s coking coal business

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GLENCORE is to buy Canadian group Teck's coal business for $6.93bn which it then intends to demerge and separately with its existing thermal coal...

MC Mining facing more turmoil as shareholders launch takeover

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MC MINING, the coal development firm, faces more corporate turmoil after it emerged today it was the subject of a takeover proposal. The offer is...

Anglo American to be served with class action over former coal...

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HUMAN rights lawyer Richard Spoor has launched a second class action seeking compensation for coal miners suffering from lung disease, this time employees at...

SA coal asked to pay R1.4bn to help settle Chinese loco...

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SOUTH Africa's largest coal producers could pay the lionshare of an estimated R1.4bn in order to help Government settle matters with China Railway Rolling...

Export coal executive latest to resign from Transnet – report

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ALI Motala, head of Transnet's embattled export coal business, is the latest executive to quit the state-owned rail and port logistics company, News24 reported...

BHP to sell Queensland coking coal mines to Whitehaven for $4.1bn

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BHP is to sell its Blackwater and Daunia coking coal mines, which are held in the BHP Mitsubishi Alliance (BMA) metallurgical coal joint venture...

SA starts talks with World Bank over $1bn loan for Eskom,...

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SOUTH Africa has opened discussions with the World Bank over a $1bn loan to help upgrade power and logistics infrastructure, said BusinessLive. The "discussions about...