CoAL completes NiMag management buyout
Coal of Africa says the conditions for the management buyout of subsidiaries Nimag and Metalloy Resources for R54m have been met.
Anglo OKs $1.7bn Queensland coal project
Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.
Rio’s Mozi mine to supply Tata Steel this year
Tata Steel's European unit would have about 10% of its coking coal requirements
supplied to it from Rio Tinto's new Mozambique coal mine, Benga.
Uranium One loss narrows
Uranium One has posted a narrower quarterly loss, assisted by an increase in production.
Chinese firm closes in on Extract
China is a step closer to pounce on Extract Resources after Namibia’s competition authorities has consented to a proposed takeover.
RMB holds 5.2% Petmin stake
Anthracite coal miner Petmin says financial services group Rand Merchant Bank holds 5.20% of the company's share capital.
Firestone concludes A$40.7m finance deal
The A$40.7m convertible note finance deal introduces a new major shareholder
into Firestone Energy, and finances its Waterberg Coal Project to completion of
a bankable feasibility study.
Fukushima no longer a factor – Uranium One
The consequences of the Fukushima disaster have now substantially been factored into the uranium market, according to Chris Sattler, CEO of Uranium One.
China Guangdong says Extract worth $2.2bn
China Guangdong Nuclear Power Corp has valued its proposed offer for Australia's Extract Resources at $2.22bn, after agreeing to buy Kalahari Minerals, the top shareholder in Extract.
Japan explosions blast uranium shares
JSE-listed uranium miners have taken a beating following two explosions at Japan’s Fukushima reactor, which have raised fears over future nuclear energy demand.