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Namibia clears Extract to build Husab

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Extract Resources has won a licence to develop its Husab uranium mine in Namibia, which could help push up the price a suitor may offer for the $2bn company.

RBCT responds as Transnet ups pace

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Richards Bay Coal Terminal is expected to have seen sustained high performance from the oft-criticised Transnet with shipments set to exceed 6 million tonnes in November.

Bisichi impasse benefits Wescoal

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Wescoal has pulled off a "company-making" transaction by acquiring the Pegasus coal deposit on the back of a bust-up between the original owners dating back years.

Wescoal seals recovery after lossmaking

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After reporting the first loss in its history last year, Wescoal Holdings consolidates its recovery posting an interim profit.

Keaton expects earnings boost

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South African coal exploration and development company Keaton Energy Holdings said it expected to post significantly improved interim earnings

Coal of Africa hugs the Mapungubwe Coalition

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Coal of Africa and the Save Mapungubwe Coalition opposing the Vele mine in Limpopo Province have declared a truce and are looking to reach an agreement over the mine's development.

Power situation remains critical, says Eskom

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SA's power supply situation will remain critical for the next two years, says Eskom CEO Brian Dames, while still trying to play down the latest problem at Medupi.

TFR rates threaten Matola expansion

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The proposed $800m expansion of Mozambique's Matola Coal Terminal to 20 million tonnes/year would be threatened unless Transnet lowered freight rates.

Maputo terminal plan floated

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The latest plan to provide terminal capacity to emergent coal exporters was floated at Coaltrans Mozambique. This one is for South African and Swazi companies.

Eskom mulls equity in foreign power

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Eskom was sitting down to consider buying equity positions in foreign-owned power transmission in an effort to plug a potential power deficit in South Africa.