Indian state firm targets SA resources
India’s state-owned MMTC is setting up shop in South Africa, with its sights firmly on securing coal and other commodities for the country’s resource-hungry economy.
RBCT stockpiles ‘almost depleted’
South Africa has joined coal exporters facing shipment delays after three derailments on the line from mines to Richards Bay Coal Terminal brought stocks to very low levels, says industry sources.
Eskom warns of looming power squeeze
Eskom CEO Brian Dames says the lack of new power stations may finally catch up with South Africa in 2011.
Eskom promises to keep SA’s lights on
Eskom says contingency plans are in place to ensure it generates enough electricity in spite of heavy rains disrupting coal supply to stations.
Mine deaths tally shows big drop
Mine deaths in 2010 fell by nearly a quarter compared with the previous year, but the fatality rates are still high compared to industrialised countries.
Skint JCI seeks loan
The former iconic JCI is seeking a further loan from Investec Bank to fund its near term cash requirements, including salaries and wages.
Riversdale, Tata in Mozambique power deal
Riversdale Mining and joint venture partner Tata Steel have agreed to fully own the $1bn Benga power plant project in Mozambique, says the mining group.
Draining flooded mines to take weeks
Australia's flood-stricken coal industry is facing lengthy disruptions, with one miner saying it may take weeks to drain its pits of water.
Hunt for coal hots up as floods persist
Coal buyers are scrambling to find replacement supplies as mines in top producer Australia face weeks under flood water.
Harmony’s Hidden Valley faces legal battle
Harmony Gold’s Hidden Valley JV in Papua New Guinea is again facing legal action over damage caused by mine-related sediment to landowners along the country’s Watut River.