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London-based hedge fund Palliser Capital released on Monday a letter addressed to the chair of global iron ore miner Rio Tinto, urging further steps toward unifying its dual-listed structure...
Dr Patrice Motsepe, the executive chairperson of the diversified mining company African Rainbow Minerals, on Friday expressed confidence that platinum group metal (PGM) prices will increase in the...
A decision on a disbursement by the World Bank-linked Climate Investment Funds that would trigger a $2.6-billion green-finance package for South Africa may be made as early as Friday, people with...
Eskom again resorted to Stage 3 loadshedding on Friday, after a loss of 2 700 MW in 14 hours, including Koeberg Unit 2, which was taken offline on March 2 and was meant to have been returned to...
JSE-listed Exxaro Resources has warned shareholders that its headline earnings per share for the year ended December 31, 2024, are expected to have decreased by between 30% and 44% year-on-year to...
The board of African Rainbow Minerals (ARM) has declared an interim dividend of R4.50 a share amounting to R1 011-million for the half-year of financial year (FY) 2025, the Johannesburg Stock...
An influential South African government agency recommended the country phase out coal-fired power stations on Thursday as it published a ten-year study which found that people living near them were...
BHP Australia president Geraldine Slattery has warned that Australia’s competitive edge in the resources sector is at risk without sustained investment in productivity, energy, and labour policies....
Languishing global prices today mask a very different future for the world’s most-consumed source of power. Australian thermal coal contracts, the benchmark for Asia, are hovering close to $100 a...
China could reestablish import controls on coal, after leading industry groups warned on mounting oversupply in the world’s biggest market for the fuel, according to Morgan Stanley. The bank said...
China's national coal association on Friday issued a statement to members proposing controls on coal production and imports of low-calorie, low-quality coal amid weak demand and high inventories....
The Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China balk at paying higher costs as other suppliers lower their...
All conditions precedent to Johannesburg- and London-listed Thungela Resources' buyout of the final 15% interest in the Ensham business, in Australia, for A$48-million, have been fulfilled....
Mineral exploration spending in British Columbia declined by 14% in 2024, dropping to C$643-million from the previous year, as several flagship projects matured into the development phase,...
GFG Alliance, owned by embattled commodities tycoon Sanjeev Gupta, is looking to raise capital for development of a coking coal mine in Australia where its steelworks was last week put into...
Portfolio Committee on Mineral and Petroleum Resources chairperson Mikateko Mahlaule has expressed concern about reports of mass retrenchments at mining companies in Mpumalanga. The committee is...
The G20 Energy Transition Work Group will have its inaugural meeting this week to discuss the energy priorities that South Africa is seeking to place on the international agenda during its G20...
Energy and chemicals group Sasol is repurposing its Twistdraai export coal plant as a destoning operation to improve the quality of coal being used in its Secunda gasifiers, in Mpumalanga, where it...
Australia-based Atrum Coal is proceeding with its legal claim against the Alberta government, reaffirming its stance that the province’s coal mining restrictions amount to de facto expropriation of...
South African petrochemical firm Sasol on Monday skipped paying a dividend after reporting a 31% decline in half-year profit on a fall in oil prices and lower sales volumes. Sasol's headline...
Yancoal Australia forecast flat production estimates for fiscal 2025 on Thursday while reporting a 33% fall in annual profit due to lower coal prices. The coal miner expects attributable saleable...
Electricity and Energy Minister Dr Kgosientsho Ramokgopa has given the strongest indication yet that the next edition of the Integrated Resource Plan (IRP) will include a 10-year delay to the...
Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having...
While mining companies in South Africa are increasingly setting ambitious carbon net zero targets, translating these into tangible actions is a long-term challenge, highlights global professional...
The concurrent use of coal and renewable energy has been identified as a tenable strategy for development of emerging players in South Africa’s mining sector, says midtier coal miner Ndalamo...
More opportunities are likely to emerge in the manganese value chain in future, following anticipated growth in demand for manganese ore and its products including ferromanganese. “This is being...
Australia's Whitehaven Coal reported better-than-expected first-half earnings on Thursday, helped by higher production and sales due to strong contributions from its mines in New South Wales....
China’s coal slump is likely to persist for several months, weighing on a global market that has seen mining giant Glencore forced to consider output cuts after prices dropped to near their lowest...
The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch...
JSE-listed Salungano Group, which owns coal mining operations in South Africa, has announced the resignation of CFO and executive director Kabelo Maroga, with effect from February 18. Acting CFO of...
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