Transnet credit at risk if pensioners get day in court
Transnet is hoping the court doesn't grant the hearing of a R89bn class action which
would seriously dent the utility's credit rating and hinder its expansion strategy.
CoAL to restart thermal coal exports in May
Coal of Africa said thermal coal exports would restart in May but there was
continued uncertainty regarding the future of its South African thermal coal assets.
Nkwe Platinum lines up Zijn Mining takeover
Zijn Mining tries its luck in South Africa's platinum sector once again offering to buy
up to 29% of Nkwe Platinum and possibly take out shares owned by Genorah.
Coal prices set to rise
Mining production in coal is expected to stabilise over the next two quarters as companies seek to regain the losses incurred during the recent labour disputes, reports BDLive.
Resgen resurgent Boikarabelo attracts capital
It's been a long haul but it looks like Resource Generation is well positioned to
attract more capital to its Boikarabelo thermal coal mine in the Limpopo province.
Fire halts work at Harmony’s Phakisa, Tshepong
An underground fire has brought operations at Harmony Gold’s Phakisa and Tshepong mines to a standstill.
DRDGold aims for 5% dividend yield
DRDGold says more money may flow to shareholders once its strategic capital commitments come to an end.
LontohCoal seeking R360m for RBCT stake
Unlisted coal development firm, criticized by ANC investors last year, is looking to raise R360m for export entitlement and to prepare for a $1bn Hong Kong listing.
Diamond fortunes central to Anglo’s future
Following the $5.1bn purchase of the Oppenheimer family stake in De Beers, the
fortunes of the diamond market has become a priority for Anglo American.
State, ICT to appeal Sishen judgment
THE Department of Mineral Resources and Imperial Crown Trading 289 seek to appeal against the judgment of the Supreme Court in the case over a Sishen mining right.