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Kibo Mining inks shares for cash deal with China’s SEPCO III

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KIBO Mining has signed an agreement with China's SEPCO III, a construction and engineering company, in which the London- and Johannesburg-listed coal-to-power firm could...

Exxaro to mine last major coal deposit of Mpumalanga coalfields

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EXXARO Resources has started work on one of the last substantial coal deposits remaining in the 100-year-old Mpumalanga coalfields. The R3.3bn Belfast mine will be able...

Exxaro, Anglo put Moranbah South back on radar as coal prices...

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EXXARO Resources and Anglo American have put their Moranbah South coking coal joint venture project back on the radar after a sales process failed...

Eskom is pushing us for all the coal we can produce:...

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WESCOAL Holdings said its relationship with Eskom, the South African power utility, remained a crucial cog in its business despite runaway export prices which...

Eskom coal drive gives Glencore, Anglo earnings boost

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ESKOM’S drive to procure more coal has given the prospects of Glencore, Anglo American and South32 – some of the largest diversified mining firms listed...

Wescoal guides to threefold earnings lift as coal prices soar

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SHARES in Wescoal Holdings gained as much as 16% in early Johannesburg trade following an earnings forecast in which it said full-year earnings would...

Beleaguered Noble Group asked to prove it can bankroll Resgen

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THE proposed restructuring of Noble Group was the latest concern to delay the credit approvals for Resource Generation's (Resgen's) Boikarabelo, a thermal coal project...

Bushveld Minerals pegs hopes on energy to drive vanadium demand

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AS local vanadium producer Bushveld Mineral rides the wave of increased vanadium demand from China, the London-listed junior is also pegging its hopes on...

Eskom returns to cost plus mines in 100Mt coal procurement drive

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A COMBINATION of short-term and long-term coal procurement contracts would restore the integrity of Eskom's primary power supply, a strategy that would include the...

Coal supply situation not that serious claims Eskom

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The coal supply situation at Eskom’s power stations is not as bad as is being made out in media reports and nothing like the...