Energy

Goviex signs framework pact with Niger which adds to stake in...

TORONTO-listed uranium development company, Goviex, said it had signed a framework with the Niger government in which the government would buy a 10% stake...

Ata consortium hooks Universal Coal offer after Afrimat tables R2.15bn bid

WESCOAL Holdings said a consortium in which it was participating for the takeover of Universal Coal had hooked its offer after the Australian-listed firm...

Minerals Council warns more scrambled policy on menu for SA mining...

WHAT’S planned by the South African government is a delicate eggs en cocotte, but it’s more likely the country’s mining sector will be served...

Zimbabwe seeking 30% power tariff increase or country faces interruptions

ELECTRICITY costs in Zimbabwe could increase by as much as 30% after the southern African country's power utility, ZESA Holdings, applied to the energy...

Exxaro sticks by decision to release 750 Group Five contractors at...

EXXARO Resources will continue with the termination of about 750 workers' contracts employed through Group Five Construction despite an instruction from the distressed firm's...

Eskom tariff hike “a disaster’ for mining, says Minerals Council South...

A QUARTER of South Africa's mining jobs would be lost because of the additional costs coming from increased electricity tariffs over the next three...

Kibo won’t abandon Mbeya project despite Tanzania’s shocker rejection of tender

SHARES in Kibo Energy stayed near all-time lows today despite a shareholder letter seeking to calm nerves following the rejection on February 14 of...

Lurco, AEMFC ready to restore Optimum Coal, but “tough decisions” in...

ELLINGTON Nxumalo acknowledges there was “a lot of leprosy” ahead of the company taking on the contracting for Optimum Coal Mine, the Mpumalanga thermal...

CEF to foot bill for AEMFC’s bail out of Optimum Coal...

THE South African government’s Central Energy Fund (CEF), which is housed in the Department of Energy (DoE), would fund the African Exploration & Mining Finance...

Kibo closing coal supply agreements with regional producers for Benga

COAL purchase agreements with potential suppliers to the Benga Power Plant Project in Mozambique were progressing, said Kibo Energy, the company which is driving the...