Energy

South32’s Kerr says firm would not seek new coal investments

SOUTH32 CEO, Graham Kerr, said the Perth- and Johannesburg-listed group would not seek out new coal investments as there was a growing investor preference...

Maputo terminal plan floated

The latest plan to provide terminal capacity to emergent coal exporters was floated at Coaltrans Mozambique. This one is for South African and Swazi companies.

India weighs Riversdale bid

An Indian consortium of five state-run firms will meet next week to decide on a counter offer for Riversdale Mining.

MC Mining lifts March Q Uitkomst coal production 12%, hopes to...

MC MINING produced 12% more coal from its Uitkomst colliery in KwaZulu-Natal province in the March quarter, the company said in an update today. Production...

CoAL secures R200m as sets about re-scope

Four of five assets were deemed non-core while seven directors have also left the company as it remodels itself as a project development company.

SA may import more power from neighbours

Eskom is considering importing more electricity from its neighbours as power in South Africa is expected to remain tight for at least the next two years.

Iran in secret talks over Zim uranium

Iranian officials have met secretly with senior Zimbabwean mining officials over a plan to get uranium for Iran's nuclear activities, according to a new report.

Resgen scores coup for Limpopo with R5.5bn Boikarabelo funding

RESOURCE Generation (Resgen), the Johannesburg- and Sydney-listed coal development company, said it had secured R5.52bn (A$515m) in finance to complete construction of the 12...

Storms cause BHP to close coal mines

BHP Billiton has declared force majeure on some coal operations in Queensland's Bowen Basin.

Wescoal retools balance sheet ahead of possible swoop on SAEC via...

WESCOAL Holdings has restructured its balance sheet in which it has locked in new credit of R1.1bn with the option of accessing an additional...