Sunday, August 19, 2018

Transnet, the South African transport utility, said it was considering expanding coal line capacity to beyond 81 million tonnes/year, an amount that is already requiring R16bn in expansion capital.

Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.

Some Chinese buyers are seeking to defer the delivery of prompt thermal coal shipments by at least a month, citing high stockpiles at the country's ports, sources from three affected trading firms say.

ESKOM has contracted five independent power producers to commission privately generated electricity to boost its energy supply.

Extract Resources has announced a resource upgrade that moves its Rossing South property among the top six global uranium deposits by contained metal.

Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.

Development work on Coal of Africa's Vele coking coal mine in Limpopo Province has been stopped while the company negotiates with the Department of Environmental Affairs

South African miner Coal of Africa says it will vigorously defend the appeals brought against its Vele mine on environmental concerns and that they had no basis or legal merit.

Diversified resources group Exxaro says it expects headline earnings per share for the six months to end June 2010 to be between 650c and 700c, representing an increase of between 60% and 73% when compared to the corresponding period in 2009.

Richards Bay Coal Terminal has managed to increase coal exports in July despite the nine-day strike at the world's largest coal terminal.