RBCT agrees to export terms with Optimum Coal owner
RICHARDS Bay Coal Terminal (RBCT) said it had agreed export terms with Optimum Coal, the Mpumalanga province operation which was once owned by the...
Mafube lifex project in doubt after JV hits licensing problems
THE future of the Mafube coal mine in South Africa's Mpumalanga province has been thrown into doubt after the government turned down its application...
Froneman appoints former colleague to run uranium M&A
SIBANYE-Stillwater's plans to sell or joint venture its uranium reserves have been given a boost with the appointment of industry veteran Greg Cochran, a...
Coal miner Thungela announces R500m share buy-back
THUNGELA Resources, the Johannesburg listed coal producer, announced plans on Monday to buy back up to R500m of its own shares.
Commenting in its results...
Glencore should keep its coal mines, says shareholder
ONE of Glencore's investors have asked the miner to retain its coal mines rather than spin them out as they were "world class assets",...
Exxaro pays special dividend while M&A search goes on
EXXARO Resources on Thursday said it would pay a special dividend taking the final payout for its 2023 financial year ended December to R15.82...
Exxaro’s ‘money or the box’ conundrum
Three years after announcing a strategy to diversify from coal, Exxaro is still searching for an investment.
Nombasa Tsengwa, CEO since mid-2022, acknowledges that it’s been a...
Exxaro earnings to fall on lower realised coal export sales
EXXARO Resources said headline share earnings for the 12 months ended December would fall by between 16% and 30% owing to lower realised export...
Sibanye-Stillwater is weighing up offers for SA uranium
SIBANYE-Stillwater was considering offers for its uranium assets which could see it swap resources for a stake in a pure-play miner of the fuel.
"We...
Exxaro may return to SA coal projects if it fails to...
EXXARO Resources could develop more of its coal resources in the event it failed to find assets for diversification.
The coal miner has been looking...