ASX-listed Talga Resources has now raised A$9.45-million through the completion of an institution
It was a mixed bag for the South African mining sector in the South African mining sector, with a
Aim-listed Ncondezi Energy aims to finalise the financial model and tariff submissions for its 30
Eskom Holdings, South Africa’s biggest polluter, has asked for additional emission exemptions at
The directors of takeover target Azumah Resources have urged the remaining shareholders to accept
Africa-focused oil and gas developer FAR on Thursday announced plans to raise up to A$176-million
Diversified major Rio Tinto on Thursday said that it would ‘consider its options’ regarding the p
South Africa's biggest money manager has written to 22 gold mining companies asking them to
First Quantum Minerals says it hasn’t received any takeover approaches -- including from Rio Tint
A torrent of deal-making among gold producers that’s pushed M&A in the sector to an eight
Rare earths developer Hastings Technology Metals will raise A$12-million through a share placemen
At least 58 thermal power plants in India have been able to save an estimated $531-million since
Aim-listed Edenville Energy has signed two new significant contracts to supply washed coal from t
Global diversified miner Anglo American on Tuesday released its updated production guidance for t
Coal and chrome beneficiation and trading company Lurco Group is forging ahead with plans to take
ASX-listed Titan Minerals has increased its takeover offer for TSX-V-listed Core Gold.
All the required regulatory approvals for South African miner Impala Platinum’s (Implats’) acquis
Europe-focused explorer Erris Resources has entered into an option to acquire 80% of the Loch Tay
Specialist alloy producer Afarak has said two of its South African subsidiaries – Afarak Mogale a
Metallurgical coal developer Aspire Mining has signed a non-binding memorandum of understanding (
Uranium developer Peninsula Energy will raise A$9.1-million through a share placement and entitlement offer to fund work at its Lance uranium project, in Wyoming.
An initial A$7-million will be raised through an institutional placement, with 42.42-million shares to be issued at a price of 16.5c each to new and existing institutional and sophisticated investors.
Despite production disruptions during the monsoon season, coal stock availability at thermal power plants across the country has shown marked improvement, Indian Coal Minister Prahlad Joshi has said.
Mining services provider NRW Holdings has inked an acquisition agreement with fellow services provider BGC Contracting.
Under the terms of the agreement, NRW would acquire BGC Contracting for A$116.4-million in cash, with NRW also assuming A$193.6-million worth of debt related to asset finance.
Gold miner Silver Lake Resources has started the compulsory acquisition of takeover target EganStreet Resources' remaining shares after gaining a 90.99% interest in the company. Silver Lake has urged the remaining EganStreet shareholders to accept its takeover offer, which will close on December 13.
ASX-listed Alkane Resources will raise up to A$54.8-million through a share placement and rights issue to accelerate exploration and development activities in the Tomingley Corridor, in New South Wales.
A feasibility study into the New Elk coking coal project, in Colorado, has estimated that the $28.4-million project could produce some 2.7-million tonnes a year of run-of-mine coal, and two-million tonnes a year of saleable coal.
The board of copper/gold miner Oz Minerals has taken a final investment decision on the $35-million Pedra Branca mine, in Brazil.
The one-million tonne a year underground operation is expected to have a mine life of eight years, and would produce some 18 000 t/y of copper and 11 000 oz/y of gold.
South Africa is Anglo American's best performing mining jurisdiction, Anglo American CEO Mark Cutifani said last night, when he chided South Africans for not giving themselves the credit they deserved when it came to transformation already achieved. Cutifani described South Africa as “a wonderful country” and said it remained Anglo's most important location.
Vale, the Brazilian mining giant, plans to place its Mozambican coal operations on maintenance for three months, essentially closing the tap on about one-third of the southeast African country’s export earnings. The move could have severe implications for the country’s balance of payments and currency, as coal is by far its biggest source of export earnings.
Sasol, South Africa’s second-biggest producer of greenhouse gases after State-owned Eskom Holdings, pledged more clarity on plans to reduce its impact on the environment. The company, which together with Eskom also produces pollutants such as sulfur dioxide and particulate emissions, said its long-term strategy will be released in November next year.