Goviex looks to uranium buyers to help fund $359m Madaouela
TORONTO-listed uranium development firm, Goviex, would turn to buyers of the mineral first to fund the equity portion of Madaouela, a project in Niger...
South32 says Eskom committed to Khutala coal expansion
SOUTH African power utility, Eskom, remained committed to the brownfields development of Khutala, the South32 colliery that supplies Kendal power station, said Mike Fraser,...
Wescoal opens bidding for Keaton with R525m cash and share offer
WESCOAL Holdings is to bid shares and cash worth R525.6m for Keaton Energy in its effort to establish itself as an eight million tonne...
NUM to call national coal strike after bust-up with Chamber
THE National Union of Mineworkers (NUM) is to embark on a national strike in the coal sector following the disintegration of discussions in which...
SA coal exports slide amid evaporation of BEE supply
TRANSNET Freight Rail (TFR) has pegged maximum coal railage capacity on the Richards Bay line at 81 million tonnes (mt) annually for at least...
Koko warns Anglo, Exxaro no restructuring without Eskom input
ESKOM interim CEO, Matshela Koko, took a hard line stance with coal suppliers Exxaro Resources and Anglo American saying at the utility's quarter update...
Keaton left tapping fingers on Vaalkrantz ministerial consent
KEATON Energy CEO, Mandi Glad, expressed her disappointment with the time it was taking to win ministerial consent for the sale of the firm's...
Wescoal “active” in consolidation of SA domestic coal market
WESCOAL, a R888m mid-tier coal producer, said it was positioned to grow through industry consolidation in an attempt to reach an aspirational run of...
Stirrings in uranium market offer faint hope to Paladin
AMID emergency financial surgery at Paladin Energy, the Australian-listed firm's CEO, Alexander Molyneux, sought to look at the positives saying there were signs the...
Petmin may go private following R894m private equity bid
PETMIN looks set to delist from the Johannesburg Stock Exchange following a takeover offer from a private equity firm which values the mid-tier coal...