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Firestone generating free cash from Liqhobong, noses recovery in small diamond...

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FIRESTONE Diamonds said it continued to generate free cash after finance costs in the third quarter of its 2019 financial year amid the first...

Wescoal to cut coal to Eskom after hundreds of employees run...

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ESKOM'S coal supply worries have been kicked up a notch after on-mine rioting at the Vanggatfontein premises of Wescoal Holdings in Mpumalanga province have...

A year after buying Anglo mines, Seriti’s Teke content with R2.7bn...

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SERITI Resources is one of five companies thought to have been short-listed by South32 in terms of its planned sale of South African Energy...

Paladin Energy not planning capital raise to pay debt as works...

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PALADIN Energy, the Australian-listed uranium development company, said it had no plans to raise capital to part- or completely pay down debt which matures...

Former ABSA boss Ramos identified to lead Eskom unbundling process

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FORMER ABSA CEO, Maria Ramos, may be drafted in to lead the proposed unbundling of Eskom's into three separately managed units, said BusinessLive citing...

Minergy holds the phone whilst export coal market absorbs price knock

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THE retreat in export coal prices, down from about $100/t at the end of last year to $68/t currently, couldn’t come at a worse...

South32 lowers SA coal production target owing to community protests

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SOUTH32 will report lower-than-forecast coal volumes from its South African Energy Coal (SAEC) business following community disruptions and a slower-than-anticipated increase in production from...

Appeals against Makhado EA amendment dismissed, says MC Mining

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APPEALS by lobbyists against an amendment to MC Mining's Makhado project environmental authorisation (EA) have failed, the Johannesburg-listed mining group said in an announcement today. MC...

MC Mining sales coal deal with “one of world’s largest” bulk...

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MC Mining has signed a coal sales agreement with "one of the world's largest producers and marketers of bulk commodities" which will buy export...

SA Govt. has no time for complicated Eskom unbundling – Goldman...

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ESKOM, South Africa's beleaguered electricity utility company, did not have the time to embark on a complicated restructuring process, said Bloomberg News citing the...