Energy

RBM to reduce emissions 60% after securing third power deal

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RICHARDS Bay Minerals (RBM) on Thursday announced a third renewable energy supply agreement which will see the KwaZulu-Natal operation reduce greenhouse gas emissions by...

Glencore reports 7% decline in South African coal output

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GLENCORE on Thursday said thermal coal production in South Africa fell seven percent to 16.6 million tons in 2024 compared to 2023 in line...

Anglo marks progress after closing $1bn Aussie coal deal

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ANGLO American said on Wednesday it had completed the sale of its 33.3% stake in Jellinbah Group which controls the Jellinbah East and Lake...

Implats signs deal to supply IRS with renewable power

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IMPALA Platinum (Implats) said on Monday it had signed a power purchase agreement with a renewable energy aggregator that will supply 90% of energy...

SA coal exports rise for first time in seven years

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COAL exports through Richards Bay Coal Terminal increased 10% in 2024 to 52.1 million tons compared to just over 49Mt a year earlier. This is...

Paladin CEO says shareholders under estimate Fission deal

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PALADIN Energy struck a bullish note for the firm's prospects on Wednesday saying its shareholders had not yet absorbed the benefits of a recent...

Thungela unveils Moses Madondo as CEO-designate

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THUNGELA Resources today announced its founding CEO July Ndlovu would step down from the company this year as he had reached retirement age. He will...

Suspended Exxaro CEO Nombasa Tsengwa starts fightback

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AN online petition supporting the reinstatement of suspended Exxaro Resources CEO Nombasa Tsengwa had been signed by more than 100 employees, said Business Times...

Thungela exports more coal as Transnet gains traction

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THERMAL coal miner Thungela Resources will deliver an above-forecast increase in export sales from South Africa in its financial year to end-December, largely due...

Sibanye-Stillwater sells Beatrix 4 and Beisa project but retains uranium exposure

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Sibanye-Stillwater has agreed to sell its mothballed Beatrix No 4 shaft, including the Beisa uranium project, to LSE- and A2X-listed Neo Energy Metals for...