First Uranium’s gold output slumps
First Uranium's gold production has slumped well below the revised target provided in January, while it also faces a third-party legal challenge to a key water permit.
Ipsa remains under pressure
At long last independent power producer Ipsa has its Newcastle power plant back in operation, but bureaucratic delays experienced with Eskom have done a lot of financial damage.
RBCT shelves expansion plans
Richards Bay Coal Terminal has shelved plans to increase export capacity until 2015 due to the slow pace of rail infrastructure expansion, according to Business Report.
Shabangu considers new coal allocations
Final word on which BEE coal company will get what allocation in terms of the revised Quattro coal export scheme is now awaited from Minister of Mineral Resources Susan Shabangu.
Rio content with lesser stake in Riversdale
Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.
BHP in new coal ventures
BHP Billiton has approved three key metallurgical coal projects located in the Bowen Basin in Central Queensland, Australia.
Transnet hikes coal tariffs
Transnet Freight Rail is imposing stiff tariff increases on rates for railing coal to both Richards Bay and Maputo which are way above South Africa's inflation rate.
Coal of Africa raises $50m loan
Coal of Africa has secured a $50m loan from Deutsche Bank, which will allow the company to repay a $20m loan to JP Morgan and provide working capital for its operations.
SA coal down in the dumps
The flurry of disinvestments by major mining groups from SA's coal sector is ominous for the industry.
ETF hints some still bet on nuclear industry
An increase in the shares outstanding of a uranium ETF suggests some still see a bright future for a nuclear industry.