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Exxaro, GDF SUEZ to build 600MW plant

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Exxaro Resources is to build a 600MW power station in joint venture with France’s GDF SUEZ and will supply the venture with 3.8mtpa of coal from Thabametsi.

CFM to upgrade Sena line by early 2013

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Mozambique's ports and railways company CFM expects to complete a refurbishment of the Sena rail line linking the Beira port with coal mines in the Tete province by early 2013.

Court to rule on BHP/Eskom power rates case

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BHP Billiton will know on Friday whether the confidential rates it pays for electricity supply from Eskom for two of its aluminium smelters are to become public knowledge.

Namibia clears Extract to build Husab

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Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.

Strikes ends at Petmin’s Somkhele mine

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Petmin’s Somkhele anthracite mine in KwaZulu-Natal is back in production after the group’s mining contractor agreed to a restructuring of wage packages.

Optimum Coal issues Richards Bay plea

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Transnet Freight Rail and the country’s coal producers have to find a way to exploit the full export potential of the Richards Bay Coal Terminal, says Optimum Coal CEO Mike Teke.

Eskom tariff is ‘tipping point’ for mines: Cutifani

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President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.

Wescoal to double up coal trading arm

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Wescoal Holdings said it is to buy a domestic coal trading business for R79m that would double its current activities.

ContiCoal scores R140m for projects

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Australian-listed Continental Coal said payment of R140m by its new empowerment partner had begun, capital that would be used to advance the company's projects.

Optimum secures R2.2bn in credit

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Optimum Coal Holdings said it had secured a R2.2bn revolving credit facility for "potential acquisitions" with Rand Merchant Bank.