Optimum Coal Mines heading for stalemate as creditors argue over Eskom...
THERE was no immediate prospect that Optimum Coal Mines would be sold as a legal dispute between creditors would make it impossible to hold...
Uranium price recovery tipped to maintain momentum as supply dries up...
THE uranium market was turning around and this time it was for real after being depressed for the past decade during which price recoveries were...
Eskom ‘too big to fail’, Ramaphosa tells Indaba, setting stage for...
STATE-run utility Eskom, widely cited as the key risk to South Africa's mining industry and the wider economy, was "too big to fail", and...
Mantashe renews vigorous defence of SA’s beleaguered coal industry
SOUTH African mines minister, Gwede Mantashe, renewed his defence of the country's coal sector which he urged to respond to the pressures it faced,...
Project Halo insists R3.05bn bid for Optimum Coal Mines is the...
PROJECT Halo, the company that submitted a R3.05bn offer to take Optimum Coal Mines out of business rescue, remained the preferred bidder for the...
Eskom to invest R10bn to R12bn in cost plus coal mines...
SOUTH African power utility, Eskom, intended to invest R12bn in cost plus coal mines in order to secure the quality of the fuel for...
Kibo to prioritise coal agreements in Q1 for its 150MW Benga...
KIBO Energy said it would prioritise discussions with potential coal suppliers to its proposed 150 to 300MW Benga power station planned for Mozambique's Tete...
Creditors, unions influenced BRPs to reopen bidding for Optimum Coal Mines
THE business rescue practitioner for Optimum Coal Mines said he had decided to reopen bidding to take the mines out of business rescue after...
Wescoal slides 11% after shock resignation of CEO, Waheed Sulaiman
SHARES in Wescoal Holdings slid 11% by close of trade in Johannesburg on January 28 after it announced the resignation of Waheed Sulaiman, the...
MC Mining toils with Uitkomst, but share price acknowledges Makhado advances
THE transition to owner-operator mining at Uitkomst is proving harder to master than first anticipated by MC Mining, the Sydney- and Johannesburg-listed coal producer...