Indian consortium hunts coal
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.
Transnet ‘needs to up its game’
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.
How Petra got to outshine them all
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.
BRC Diamondcore, Rio in DRC venture
BRC DiamondCore says it has entered into a JV agreement with Rio Tinto for a new exploration program in northern Democratic Republic of Congo.
Shabangu makes coal exports threat
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.
Long-term coal supply a worry, says Eskom
Rising coal exports are threatening the security of supplies for electricity generation over the long term, says a senior Eskom official.
NAMF is back in business
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.
BHP to divest SA coal rights
BHP Billiton says it plans to sell off some of its virgin coal prospecting rights and to focus on existing operations instead.
Uranium One rides the nuclear wave
Uranium One shares hit a new 12-month high on Tuesday as the uranium spot price moved up to $70/lb but competitor First Uranium is headed south because of financial problems.
Majali’s co-accused case postponed
The fraud case against late businessman Sandile Majali's four co-accused has been postponed in the Specialised Commercial Crimes Court in Johannesburg.