Exxaro says coal contract talks may be “strained” by oil crisis
COAL contract negotiations could become "more strained" owing to energy security concerns even as the same worry is forcing buyers to seek longer contracts,...
Exxaro boosts payout as Iran crisis drives coal higher
EXXARO Resources declared a R10 per share (R3.4bn) final dividend today following robust headline profits for the year ended December.
The payout, 15% higher than...
Eskom tariff for ferrochrome “needs to be replicated”
ONE assumes the electricity regulator in South Africa (Nersa) is conscious that in approving a heavily discounted tariff for ferrochrome smelters, it is waving...
Iran warns of $200 oil as attacks on Gulf shipping mount
IRAN'S military warned oil could reach $200 a barrel as fighting between the country and US-Israeli forces intensified, said Reuters on Wednesday.
This comes as...
BHP warns Queensland coal mines uncompetitive
BHP has told workers at its Queensland coal operations that the mines can no longer attract investment and are generating no returns for the...
Thungela expects full-year loss on coal weakness
THUNGELA Resources has warned it expects to report a loss for the year to end-December 2025, blaming weaker coal markets and adverse currency movements...
Glencore Merafe extends deadline ahead of definitive power tariff
GLENCORE Merafe Joint Venture said on Friday it would keep its ferrochrome operations in South Africa open for another month, until the end of...
South Africa slashes power tariff to rescue smelters
SOUTH Africa's electricity minister on Friday unveiled a heavily discounted power tariff for the country's beleaguered ferrochrome industry in what he is quoted to...
Exxaro cuts renewable energy target as revises capital plans
EXXARO Resources confirmed it is reviewing its dividend policy, an outlook CEO Ben Magara first made clear last year after agreeing to buy the...
Niger to return French uranium stockpile
NIGER will return 95,000 tons of concentrated uranium powder to French nuclear company Orano SA, military leader Abdourahamane Tiani announced on state television.
The yellowcake...