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MC Mining lifts March Q Uitkomst coal production 12%, hopes to...

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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

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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

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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...

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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

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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

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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...

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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

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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

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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...

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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...