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Eskom calls for coal market intervention

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The government needs to regulate the supply of coal to its power plants to ensure exports of the material do not jeopardise electricity generation, says Eskom.

Eskom plans third new coal station

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Kusile and Medupi will not be South Africa's last coal-fired power stations, says Eskom CEO Brian Dames.

ResGen ups Ledjadja stake

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Energy group Resource Generation has increased its ownership of the Ledjadja project from 49% to 74%.

Acid drainage proposals out soon

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A task team of experts considering proposals to counter an imminent acid mine water crisis in the Witwatersrand will have a report ready by the end of the week.

Eastplats secures R2.1bn equity financing

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Eastern Platinum has filed a preliminary short form prospectus in connection with a public offering of common shares to raise approximately C$300m.

NZ Oil and Gas shares fall 30%

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Shares in New Zealand Oil and Gas, part owner of Pike River Coal, plummeted 30% as the stock resumed trading four days after a mine explosion left 29 men missing.

Gold steady on renewed Ireland worries

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Gold is being supported by safe-haven demand, spurred by renewed worries over Ireland's political stability.

DRC sacks state miner execs

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Democratic Republic of Congo has replaced the leadership of state mining company Gecamines due to management deficiencies and its failure to make the most of rising metals prices, officials say.

Chamber of Mines goes to court over levy hike

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The Chamber of Mines is taking legal action to prevent increase levies for the Compensation Fund.

African Eagle, Jacana sign uranium deal

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African Eagle Resources has vended its non-core uranium division to Jacana Resources, a private Australian company, in return for shares and cash.