STILLWATER
Discovery targets mining with 24-hour renewables plan
- Liesl Peyper
ANGLO AMERICAN
Exxaro sells Moranbah South to Aussie miner for R1.68bn
EXXARO Resources has sold its stake in Australian metallurgical coal mine Moranbah South to Stanmore Resources, a Brisbane-based coal producer, for $105m (R1.68bn). The South African diversified miner said in…
URANIUM
Niger puts Somaïr uranium mining in state hands
NIGER has granted a large-scale uranium-mining permit – previously held by French nuclear company Orano SA – to state-controlled Tsumco SA, Bloomberg reported. Tsumco is the company Niger created after…
URANIUM
Atomic Eagle returns to Niger’s Madaouela uranium project
ATOMIC Eagle has agreed terms with the Republic of Niger to re-establish its interest in the Madaouela uranium project, which hosts a mineral resource of 116.5 million pounds of uranium oxide (U₃O₈), based on…
WATERBERG
SA coal exports may hit 75Mt supply ceiling, says Exxaro
SOUTH Africa’s coal industry may struggle to supply more than about 75 million tonnes a year to the Richards Bay export corridor even if Transnet restores rail capacity above that level, Exxaro Resources CEO…
COPPER
Exxaro lifts Grootegeluk rail shipments 50%
EXXARO Resources has recorded a roughly 50% improvement in direct coal railings from its Grootegeluk mine in the Waterberg coalfield in Limpopo to Richards Bay, CEO Ben Magara said, as improving Transnet…
FERROCHROME
SA power pricing shake-up set for public comment
SOUTH Africa is proposing its biggest overhaul of electricity pricing policy in almost two decades, with reforms designed to give commercial and industrial customers greater certainty over future costs and…
COPPER
BHP, NexGen in uranium talks
Canadian uranium miner NexGen Energy is in regular discussions with BHP about its Rook I project in Saskatchewan as it prepares to raise $1 billion to help fund the development, Reuters reported. NexGen CEO…
TRANSNET FREIGHT RAIL
Thungela ready to tap extra rail capacity with third-party coal
Thungela Resources could use further improvements in Transnet Freight Rail (TFR) capacity to move more third-party coal to Richards Bay, as its South African mines are already operating close to their…
BEE
Uranium from seawater: Froneman plans new mining firm
NEAL Froneman led the company he founded, Sibanye-Stillwater, for 13 years before abruptly announcing he would step down last year, aged 65. Those years were a punchy, all-action time of dealmaking all dealt…
COAL
Thungela says asset sale to power first half earnings
THUNGELA Resources expects to report sharply higher earnings for the six months to 30 June 2026, supported by a non-cash profit on the sale of the Kleinkopje mining right despite continued volatility in…
MURRAY HOUSTON
Glencore weighs restart of South African coal projects
GLENCORE said it would consider restarting coal projects in South Africa as rail export capacity was restored to as much as 70 million tons (Mt) over time. “For the first time – having had to restructure this…
COAL
Glencore trading profit surges on Middle East war
GLENCORE’S earnings from trading commodities roughly doubled in the first half of the year, as the Israel-Iran conflict supercharged profits across the world’s biggest energy traders, it was reported today.…
MEDUPI
Eskom chief warns against rigid coal shutdown plan
ESKOM boss Dan Marokane has pushed back against locking South Africa into hard deadlines for shutting down its coal plants, News24 reports. The online publication quoted Marokane as saying that rigid targets…
TRANSNET
SA coal exports could rise 10% in 2026, says terminal
THE Richards Bay Coal Terminal (RBCT) is running in line with its 2026 coal export volume forecast as of the end of June having exported just over 30 million tons (Mt) compared with a forecast of 60Mt for the…
TRANSNET
Thungela ices M&A to focus on “market confidence”
THUNGELA Resources has taken its foot off the diversification pedal telling analysts and investors last week that it was focusing on improving operational performance. “Our main focus is on mining what we…