ResGen “due for a run’
Targeting coal mining in the Waterberg, exploration group Resource Generation
has cleared major hurdles that may bring about a run in its share price,
according to RBC Capital Markets.
SA ships most coal since 2006: RBCT
Richards Bay Coal Terminal exported the most coal in more than six years, according to RBCT data
ResGen granted water licence
Resource Generation says it has been granted a water use licence for its proposed Boikarabelo coal mine in the Waterberg-area.
Rio confirms plan to sell Riversdale’s ZAC
Rio Tinto will sell Riversdale’s Zululand Anthracite Colliery once it has completed its takeover of the junior coal firm.
Kalahari says CGNPC offer talks resumed
Kalahari Minerals has confirmed that offer talks have resumed with state-owned China Guangdong Nuclear Power Corp.
Transnet doubt stalls ResGen’s Boikarabelo
Resource Generation says major construction work at its Boikarabelo development is on hold until it has secured a railage contract with Transnet Freight Rail.
Rio Tinto sweetens Riversdale offer
Rio Tinto has raised its offer for Mozambique-focused coal miner Riversdale Mining to woo key shareholders who have held up the deal.
CoAL hit by 22% wage increase demand
Coal of Africa’s Mooiplaats colliery has been hit by a strike over wages, the company
says, sending the group’s share price to a new low.
BHP sees shale gas capex over $4bn in 2012
BHP Billiton plans to spend over $4bn on developing shale gas in 2012, following two shale gas acquisitions this year, says the head of the group's petroleum business.
Forbes Coal buys Rio Tinto’s ZAC
Forbes & Manhattan Coal is buying global diversified miner Rio Tinto’s majority stake
in Zululand Anthracite Colliery for an estimated R440m.