First Uranium on the ropes
First Uranium was against the ropes and any further operational slippage "brings the canvas into view" according to RBC Capital Markets analyst Leon Esterhuizen.
Eskom strike would be illegal – spokesperson
A strike by Eskom employees would be considered illegal as the power utility is deemed an essential service, an Eskom spokesperson said.
Ipsa’s Earl calls it quits
Peter Earl, CEO of Ipsa, is stepping down from executive duties at the company after helping found the company six years ago.
Union starts arbitration with Eskom
Solidarity says it will on Wednesday hold a first dispute meeting at the Commission for Conciliation, Mediation and Arbitration in a bid to settle the drawn-out wage dispute with Eskom.
Glencore ups stake in Optimum further
Glencore further edges up its stake in Optimum Coal Holdings snapping up another percent in the coal producer, South Africa's sixth largest.
Firestone raises R12.6m in share issue
Firestone Energy has issued 9.6% of its share capital and ceded rights to underground gasification on tenements owned by it and Sekoko Resources in an effort to further fund its Smitspan project.
CoAL shares jump on Vele deal
Coal of Africa has taken another step to secure its tenure over the Vele project by agreeing to measures aimed at offsetting its activities in the environmentally sensitive area.
Glencore, Ramaphosa unveil Optimum bid
A consortium consisting of Glencore and businessman Cyril Ramaphosa has unveiled terms of a R34/share bid for Optimum Coal, but a counter offer has already been made.
India coal demand to power Botswana
Once a dream, the prospect of a Trans-Kalahari railway transporting millions of tonnes of Botswana coal could now become reality as Indian demand forces the country to help finance the rail link.
Resource Generation to focus on SA assets
Resource Generation says it has divested from its Tasmanian coal tenements to focus on its South African assets.