MC Mining lifts March Q Uitkomst coal production 12%, hopes to...
MC MINING produced 12% more coal from its Uitkomst colliery in KwaZulu-Natal province in the March quarter, the company said in an update today.
Production...
Thungela says dividends “sacrosanct” despite coal price fall, wobbly TFR performance
THUNGELA Resources said dividends were "sacrosanct" amid a deterioration in operating conditions including a decline in the performance of Transnet Freight Rail (TFR) and...
Sibanye opens talks with Resgen as IPP ambitions loom large
SIBANYE Gold has trained its sights on Resource Generation (Resgen), a Sydney- and Johannesburg-listed coal development company, as it seeks a partner to realise...
Wescoal to cut coal to Eskom after hundreds of employees run...
ESKOM'S coal supply worries have been kicked up a notch after on-mine rioting at the Vanggatfontein premises of Wescoal Holdings in Mpumalanga province have...
Glencore sticks while peers twist on coal
Glencore Xstrata is investing in African thermal coal assets whilst its peer group - BHP Billiton and Rio Tinto - seek an exit from the continent.
Exxaro pays special dividend while M&A search goes on
EXXARO Resources on Thursday said it would pay a special dividend taking the final payout for its 2023 financial year ended December to R15.82...
Anglo SA coal demerger plan given pause for thought as buyers...
ANGLO American was making "good progress" in the divestment of its South African thermal coal assets through a demerger and listing in Johannesburg -...
Fuel blockades hit mineral exporters already struggling with Transnet
SOUTH African mineral exporters were said to be taking on additional costs as a result of road blockades earlier this week which - in...
Thungela forecasts up to 69% earnings hit as coal prices soften
THUNGELA Resources forecast a heavy decline in share earnings for the first half of its financial year owing to lower-than-expected winter energy demand from...
SA economic risk means banks reticent to entirely cut funding to...
SOUTH African banks say they cannot entirely cut lending facilities to the country's coal industry as this would put too much strain on government...