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Uranium needs catalyst to bounce back

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The uranium market requires some kind of flash point for the underlying fundamentals to re-assert themselves and the uranium price to move up sharply again, says Paladin Energy's CEO.

First Uranium enters deal with Vulisango

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First Uranium has entered into a R400,000 per month consulting contract with BEE group Vulisango Holdings.

BHP Billiton appeals power price verdict

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The public will have to wait to find out what BHP Billiton’s Southern African aluminium operations pay for electricity.

Glencore buys into Optimum Coal

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Optimum Coal says that a unit of Glencore International, the world's largest commodity trader, has bought a 14.1% stake in it.

Illegal miner dies at Grootvlei

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A man has died while he was mining illegally in Springs, east of Johannesburg, says Gauteng police.

Optimum Coal confirms bid interest

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Optimum Coal Holdings has confirmed it had received expressions of interest from unnamed third parties.

Optimum Coal shares climb as Glencore circles

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Optimum Coal is standing at the centre of bid interests in South African assets, having confirmed receipt of more than one takeover approach.

Eskom’s ‘overcooked’ tariffs slated

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A body representing the largest consumers of electricity says Eskom's inflated tariffs will negatively affect the economy.

Strikes helping Eskom

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Strikes in the metals and mining sectors and brief snaps of winter have taken significant pressure off Eskom during the coldest months of the year, says CEO Brian Dames.

Optimum Coal in major refinancing

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Optimum Coal is busy restructuring its finances ahead of what looks like a major capital programme to build new mines to maintain and grow production.