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Transnet ‘needs to up its game’

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It is essential that Transnet appoints a new CEO, while Eskom has to renegotiate pricing with coal suppliers if the power utility is worried about coal security, says Optimum Coal CEO Mike Teke.

CRG stares into a watery grave

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Central Rand Gold is teetering on the edge as the government stalls on a proposed joint solution to deal with the flood of acid mine drainage rising beneath the Witwatersrand.

Indian consortium hunts coal

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An Indian coal consortium is looking to acquire overseas coal assets, says a top official at one of the member companies, to meet rising demand for the key raw material in Asia's third-largest economy.

Another court setback for Nkwe

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The Constitutional Court has dealt a further blow to Nkwe Platinum’s bid to regain some prospecting rights the group lost in an earlier ruling.

How Petra got to outshine them all

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Over the past two years Petra has coped with the dramatic boom and bust cycle in the diamond business far better than its more highly touted competitors.

Shabangu makes coal exports threat

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Government will not allow coal producers to cash in on the soaring international demand for the commodity to the detriment of Eskom, says Mines Minister Susan Shabangu.

BRC Diamondcore, Rio in DRC venture

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BRC DiamondCore says it has entered into a JV agreement with Rio Tinto for a new exploration program in northern Democratic Republic of Congo.

NAMF is back in business

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The second New Africa Mining Fund has set up shop with an initial $73.6m to invest in new mining ventures, provided they do not involve either diamonds or uranium.

Long-term coal supply a worry, says Eskom

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Rising coal exports are threatening the security of supplies for electricity generation over the long term, says a senior Eskom official.

Record annual production for Xstrata commodities

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Diversified resources group Xtrata has reported that it achieved record annual production of coking coal, semi-soft coking coal, mined nickel and refined nickel in 2010.