TSX- and JSE-listed Atlatsa Resources is still not in a position to file its unaudited interim financial statements for the three and six months ended June 30, the related management’s discussion and analysis and the related CEO and CFO certificates by the filing deadline.
To successfully break out of the more than four-decade-long nationalisation of the coal industry, the Indian government will ease rules for the auctioning of ten coal blocks. To open up commercial mining of coal to private miners, the government will neither be setting a minimum reserve price, nor will there be any net asset value of the coal blocks to be put up for bidding.
Brazil will reinstate a mining ban in a vast area of the Amazon rainforest, the government announced on Monday, in an about-face that is a victory for environmentalists who feared deforestation.
Coal mining company Exxaro Coal and the National Union of Mineworkers (NUM) have reached a three-year wage agreement, which brings the current wage strike at its Grootegeluk and Leeuwpan mines to a conclusion. “We are pleased that the parties were able to resolve the dispute speedily,” Exxaro executive head of strategy and stakeholder engagement Mzila Mthenjane told Mining Weekly Online in a m
ASX-listed Gateway Mining has secured a funding package of up to A$10-million from cornerstone investor Baker Steel Resources Investment Trust to finance its acquisition of Queensland Coal Investment Holdings (QCIH).
Coal miner Stanmore Coal’s plan to extend the mine life of its Isaac Plains mine, in Queensland, is progressing well, with no objections recorded for the Isaac Plains East project.
The Organisation Undoing Tax Abuse (Outa) plans to bring about an urgent interdict against the Bank of Baroda to freeze the R1.75-billion held in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts.
As Anglo American’s board met at the lavish Vergelegen wine estate in South Africa yesterday evening as part of a 100-year celebration, executives were blindsided by news headlines: Indian mining tycoon Anil Agarwal was becoming the biggest shareholder. After Anglo’s managers partied to honor the past, the company now faces an uncertain future.
The National Union of Mineworkers (NUM) has issued Petra Diamonds with a 48-hour notice for a planned, protected strike at the Koffiefontein mine, in Northern Cape. The union on Thursday said it would withdraw all members from the mine, starting on Saturday morning, until Petra accedes to the union's demands.
China's National Development and Reform Commission (NDRC) on Thursday warned coal miners not to temporarily close to avoid inspections as the country's top economic planner works to stabilize prices amid the environmental and safety checks.