Canadian investor urges SA to “just mine your coal”
DEVELOPED countries trying to impose strict green regulatory requirements on mining companies in undeveloped economies like South Africa were hypocritical and unfair.
"You have so...
Eskom says SA has to suck up tariff increases
ESKOM'S application for above-inflation tariff hikes over the next three years opens the conversation about what South Africa's national electricity utility needs to invest...
Dubai’s IRH to seek mine turnarounds after deal with PIC
SOUTH African asset manager Public Investment Corporation (PIC) has signed an agreement to cooperate with Dubai's International Resources Holding (IRH) aimed at breathing life...
World’s largest banks to throw weight behind nuclear energy
FOURTEEN of the world's largest banks and financial institutions are to pledge their support for the development of more nuclear energy, said the Financial...
Sibanye-Stillwater targets uranium deal in six months
SIBANYE-Stillwater hoped to conclude a deal on its South African uranium resources within three to six months, its CEO Neal Froneman has said.
Froneman said...
Seriti Resources confirms plan to retrench 1,143 employees
SERITI Resources, a privately-held South African coal miner, plans to retrench 1,143 employees as some of its operations are "not commercially sustainable".
Middelburg Mine Services...
Zambian miners turn to once beleaguered utility, Eskom
MINERS in Zambia have turned to an unlikely source in order to offset electricity shortages caused by a drought: Eskom, the until recently beleagurered...
Fission shareholders approve Paladin Energy takeover offer
PALADIN Energy said on Tuesday shareholders of US firm Fission Uranium Corp. had approved its all share C$1.1bn takeover bid launched in June, albeit...
GoviEx extends footprint in Zambia
URANIUM exploration firm GoviEx said on Monday it had acquired a control option over the Lundazi exploration licence in Zambia.
The option was bought from...
Chinese firm buys control of MC Mining for R1.6bn
A CHINESE firm listed in Hong Kong has bought control of South African thermal and metallurgical coal development firm MC Mining.
The $90m (R1.6bn) deal...