Energy

Paladin CEO says shareholders under estimate Fission deal

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PALADIN Energy struck a bullish note for the firm's prospects on Wednesday saying its shareholders had not yet absorbed the benefits of a recent...

Thungela unveils Moses Madondo as CEO-designate

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THUNGELA Resources today announced its founding CEO July Ndlovu would step down from the company this year as he had reached retirement age. He will...

Suspended Exxaro CEO Nombasa Tsengwa starts fightback

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AN online petition supporting the reinstatement of suspended Exxaro Resources CEO Nombasa Tsengwa had been signed by more than 100 employees, said Business Times...

Thungela exports more coal as Transnet gains traction

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THERMAL coal miner Thungela Resources will deliver an above-forecast increase in export sales from South Africa in its financial year to end-December, largely due...

Sibanye-Stillwater sells Beatrix 4 and Beisa project but retains uranium exposure

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Sibanye-Stillwater has agreed to sell its mothballed Beatrix No 4 shaft, including the Beisa uranium project, to LSE- and A2X-listed Neo Energy Metals for...

“New information” led to Tsengwa suspension, says Exxaro chair

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NEW information had emerged regarding Exxaro Resources CEO Nombasa Tsengwa's conduct warranting her suspension despite the board previously exonerating her, the firm's chair Geoffrey...

Paladin reopens Langer Heinrich after maintenance shutdown

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PALADIN Energy, the Australian-listed uranium development firm, said it had restarted its Namibia mine Langer Heinrich (LHM) following a planned shutdown. "During the shutdown, routine...

Exxaro suspends CEO amid work practice, governance probe

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NOMBASA Tsengwa, CEO of Exxaro Resources has been temporarily suspended while the firm's board runs an investigation into her work conduct and governance practices. "The...

Green shoots for Transnet as coal export deliveries race higher

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THERE were more green shoots for Transnet Freight Rail (TFR), South Africa's state-owned ports and rail company following its strongest coal export performance in...

Exxaro to retain up to R15bn in net cash for dealmaking

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EXXARO Resources expected to retain up to R15bn in net cash to fund diversification plans which it said previously were focused on manganese in...