IchorCoal bids for Universal Coal
IchorCoal is keeping up the pressure on its ambitions to grow its South Africa production base with an A$56.6m bid for outright control of Universal Coal.
Grindrod pushes ahead with Richards Bay expansion
Freight logistics and shipping group Grindrod will complete the first expansion phase of its Richard Bay Terminal early next year to boost coal exports.
Northam prepares for Booysendal South
The feasibility study on Booysendal South will be completed by May next year but a decision to build the new mine will depend on platinum market conditions.
Exxaro expects more savings on the cost of Total SA
Having knocked the original purchase price for Total Coal SA down by $90m Exxaro now reckons it could chop another $112m off the cost of the deal.
Optimum takes the gloves off
Optimum Colliery's business rescue practitioners have taken the gloves off in the Eskom dispute and suspended coal supplies to the Hendrina power station
Treating acid mine drainage will cost R8 billion
It will cost R8 billion to treat acid mine drainage over the long term and around R45 billion to cover the costs of closing down derelict and ownerless mines.
Gold Fields on a recovery track
Gold Fields returned to profitability in the June quarter and is fortunate that its foreign operations can compensate for more lost production at South Deep.
Lonmin shares plumb new depths
Lonmin shares have dropped another 20% to levels described as "ridiculous" but there's no indication yet that anyone is looking at bidding for the group.
More delays for Resgen in the Waterberg
Resource Generation has hit more headwinds as its potential financial backers stall on putting up the $400m needed to build the Boikarabelo mine.
Eskom needs the big mining companies
Glencore CEO Ivan Glasenberg reckons Eskom needs the big mining companies given Brian Molefe's declaration that Eskom will not invest in coal mines.