Thungela teaches the Aussies how to improve their mine safety performance
IN a surprising development South African coal producer Thungela Resources is teaching the Australian mining industry a thing or two about mine safety judging...
Thungela shareholders hang in there for better results despite coal’s blackened...
Thungela Resources cut its interim dividend for the six months to end June by 80% yet the share price was up 2.5% on the...
Exxaro hopes to announce developments on M&A strategy by year-end
EXXARO hopes to make an announcement on developments in its merger and acquisition (M&A) strategy “before the end of the year” according to chief...
Glencore shelves coal demerger following talks with shareholders
GLENCORE said today it would retain its coal assets, which include the newly acquired metallurgical coal of Elk Valley Resources (EVR), rather than demerge...
Coal’s evergreen allure hard for investors to ignore
The pendulum has swung back to coal. Look no further than Glencore which is reconsidering retaining its coal production instead of demerging and separately...
Glencore to announce decision on coal split next week
GLENCORE will say next week whether it will proceed with plans to demerge and separately list its coal business.
Commenting in the group's second quarter...
SA coal exports on target for 50Mt after promising July
COAL exports through the Richards Bay Coal Terminal (RBCT) should hit 50 million tons (Mt) this year compared with last year’s 47.2Mt – but...
Goviex may seek damages claim against Niger junta
GOVIEX may seek damages as it looks to legal measures following the cancellation of a mining permit for Madaouela, an uranium deposit in Niger.
The...
Ramokgopa to speed shift from coal to renewables
SOUTH Africa's new energy minister promised to accelerate the shift to renewable energy from coal, breaking with predecessor Gwede Mantashe who opposed swift decarbonision...
Thungela targets 50% increase from Ensham coal mine
THUNGELA Resources is hoping to increase production from a mine it bought in Australia last year by as much as a quarter. If it...