Energy

Thungela has best leverage to coal price, Transnet improvements

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ONE way of playing the global geopolitical distress is to exploit coal, the reputation of which has been slightly rehabilitated of late. Commenting at the...

Paladin bid for Fission in limbo as Canada probes deal

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PALADIN Energy said on Wednesday it was still waiting on regulatory approval for its proposed C$1.1bn takeover of Canada's Fission Uranium Corp. This was despite...

Thungela excludes Anglo coal mines in M&A pursuit

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THUNGELA Resources said it was still on the hunt for offshore metallurgical and thermal coal assets but Anglo American's Australian assets weren't on its...

Mantashe wants commodity price-linked electricity tariffs

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MINISTER of Mineral and Petroleum Resources Gwede Mantashe on Thursday raised the possibility of negotiating electricity tariffs linked to commodity prices in an effort...

Northam signs debut renewable power deal, with others in pipeline

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NORTHAM Platinum said on Friday it had agreed to buy solar power for its Zondereinde mine reducing the operation's carbon footprint by just over...

Canadian investor urges SA to “just mine your coal”

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DEVELOPED countries trying to impose strict green regulatory requirements on mining companies in undeveloped economies like South Africa were hypocritical and unfair. "You have so...

Eskom says SA has to suck up tariff increases

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ESKOM'S application for above-inflation tariff hikes over the next three years opens the conversation about what South Africa's national electricity utility needs to invest...

Dubai’s IRH to seek mine turnarounds after deal with PIC

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SOUTH African asset manager Public Investment Corporation (PIC) has signed an agreement to cooperate with Dubai's International Resources Holding (IRH) aimed at breathing life...

World’s largest banks to throw weight behind nuclear energy

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FOURTEEN of the world's largest banks and financial institutions are to pledge their support for the development of more nuclear energy, said the Financial...

Sibanye-Stillwater targets uranium deal in six months

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SIBANYE-Stillwater hoped to conclude a deal on its South African uranium resources within three to six months, its CEO Neal Froneman has said. Froneman said...