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India weighs Riversdale bid

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An Indian consortium of five state-run firms will meet next week to decide on a counter offer for Riversdale Mining.

Coal railings back to normal, says Transnet

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Transnet Freight Rail says its coal line service is back to normal, adding that its catch-up in clearing the backlog of coal railings remains on track.

Heavy rains hit SA coal exports

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Logistics group Transnet says heavy rains have disrupted its freight rail operations, affecting coal and maize exports.

Mozambique denies India more coal deals

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Mozambique has denied emerging industrial giant India five more coal concessions, saying the Asian nation should first develop sites where deals have already been struck.

Floods push coal price to one-year high

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Fresh flooding in top global exporter Australia has added a further $10 to coal prices, driving thermal coal to a year high.

Xstrata nears Colombian coal miner deal

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Xstrata is close to winning the $8bn auction for Colombia's second-biggest coal miner, reports British newspaper The Sunday Times.

Eskom pushes for coal regulation

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Eskom CEO Brian Dames has repeated the power utility's call for urgent coal export restrictions, suggesting a formula-based export quota for miners.

RBCT stockpiles ‘almost depleted’

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South Africa has joined coal exporters facing shipment delays after three derailments on the line from mines to Richards Bay Coal Terminal brought stocks to very low levels, says industry sources.

Eskom warns of looming power squeeze

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Eskom CEO Brian Dames says the lack of new power stations may finally catch up with South Africa in 2011.

Eskom promises to keep SA’s lights on

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Eskom says contingency plans are in place to ensure it generates enough electricity in spite of heavy rains disrupting coal supply to stations.