Thungela warns of impairment as coal price flags in 2025
THUNGELA Resources raised the prospect of impairing assets following a year of lower coal prices in 2025, and despite a strong production and cost...
SA coal exports flat in 2025 despite Transnet progress
COAL railed for export from South Africa so far this year implied total volumes for 2025 of 56.4 million tons, less than last year's...
Orano flags safety risks in Niger uranium transport
FRENCH nuclear fuels company Orano warned a recent uranium shipment from its nationalised SOMAIR mine in northern Niger presented serious safety and security threats,...
Exxaro doubles net energy capacity after R1.8bn deal
EXXARO Resources has bought control of two renewable energy facilities nearly doubling the net operating capacity of subsidiary Cennergi.
Cennergi will have a net operating...
Seriti Green completes R1bn transmission station
SERITI Green has handed over a R1bn transmission station to Eskom after an 18-month construction programme, enabling the first phase of one of South...
Misplaced coal pessimism has left Thungela oversold
FEW JSE stocks have swung as wildly as Thungela. From a 52-week high of R140.81 in February 2025 to barely R81 by October, the...
Minerals Council says no respite from energy cost inflation
SOUTH Africa's mining sector is set for continued high energy inflation despite improved performance from state-owned entities, the Minerals Council said following the publication...
ARM abandons new coal investments
AFRICAN Rainbow Minerals is to halt investment in new coal projects, citing increasingly stringent environmental regulations.
The group, led by former lawyer Patrice Motsepe, identified...
Exxaro has turned the corner. So where to from here?
EXXARO Resources CEO Ben Magara is hoping a one-fifth improvement in Exxaro’s share price in following its half-year results August is the beginning of...
Seriti Green begins construction on third wind phase
RENEWABLE energy company Seriti Green has financed and started the third phase of its Ummbila Emoyeni wind farm in Mpumalanga.
The project will supply more...