First Uranium aims to raise $46m
First Uranium has priced its public equity offering a $1.00 per share in order to raise $46m.
DMR audits Eskom’s bogus suppliers
The DMR is investigating a number of coal companies which had applied for mining rights under the pretext of supplying the resource to Eskom, but have been exporting it instead.
Exxaro expects profit to double
Exxaro Resources says its full-year profit has likely doubled as the global economic recovery pushed commodity prices higher.
Weather prompts another force majeure
Xstrata has declared force majeure at its Ulan thermal coal mine in Australia's New South Wales state due to heavy rains, the company says.
Keaton Energy bags Leeuw Mining
Keaton Energy has taken over a KwaZulu-Natal based coal producer Leeuw Mining in a deal which gives it direct access to the export market and ownership of new projects.
Xstrata profit up sevenfold on commodities boom
Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.
Govt mining firm almost ready to go
A state-owned coal and uranium mining company will be up and running within weeks.
Anglo eyes Mapungubwe’s sacred land
A subsidiary of Anglo American is considering mining coal near the environmentally sensitive Mapungubwe world heritage site in Limpopo.
Miners fire back at Eskom over coal
Eskom has to reflect on its own deficiencies before blaming the mining industry for its coal quality and supply concerns, says Chamber of Mines CEO Bheki Sibiya.
Rand Uranium back in business
With the uranium price back at $70/lb, Rand Uranium CEO John Munro is sounding confident he will be able to find the funding needed to build a recovery plant near Randfontein.