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Uranium One appoints new CEO

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Uranium One says it has appointed Chris Sattler as the company's new CEO to succeed Jean Nortier.

Supply tight as Eskom battles wet coal

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Eskom says it has put measures in place to protect stocks from rain, but warns SA's power supply remains tight.

Rio Tinto closes in on Riversdale

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So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.

CoAL lodges Makhado rights application

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Coal of Africa has lodged a new order mining right application for its Makhado coking coal project in Limpopo.

CoAL plans new mines for Limpopo

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Coal of Africa has applied for a mining licence over its Makhado project which is the first of several new mines it would like to build in Limpopo Province.

Rain not affecting deliveries – RBCT

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Richards Bay Coal Terminal says persistent heavy rains have not stopped coal deliveries to the port.

Coal prices drop as fears of supply crunch ease

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Prices of prompt coal cargoes have fallen by around $1.00 a tonne as fears of a severe supply crunch eased, traders and utilities say.

Coking coal may hit $500 a tonne:analysts

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Spreading floods in Australia, which produces half the world's coking coal, may push prices even higher say analysts.

Sentula raises R740m senior debt facility

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Sentula Mining has announced that it has received final credit approval for a facility in the amount of R740m from a consortium of financial institutions to refinance the group's existing senior debt facility and provide liquidity to the group.

Flood affected coal line to reopen

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Australia's most flood-affected coal rail line may be reopened as early as next week, says operator QR National.