We're sorry, but we don't have any articles at this address...
Make sure you have the correct URL or browse some of our breaking news stories below...
By: Martin Creamer Updated 6 hours ago London- and Johannesburg-listed gold-mining company Central Rand Gold, which is currently being courted by three Chinese suitors, is taking steps to raise $1.85-million in equity capital to boost surface mining production, bring idled underground equipment to surface and reduce staff. The focus... →
By: Henry Lazenby Updated 7 hours ago An unprecedented 40% dive in crude oil prices in the last four months would impact the Canadian economy much more severely that previously thought, a recent study by analysts at Canadian Imperial Bank of Commerce (CIBC) had found. In their report ‘No barrel of fun: What weaker crude means for... →
By: Martin Creamer The deadline for the disposal of the Mooiplaats colliery by the triple-listed Coal of Africa Limited (CoAL) as well its capital-raising timeframe have been extended out. Johannesburg, London and Sydney-listed CoAL said on Wednesday that it had agreed to give suitor Blackspear Capital more time to... →
By: Esmarie Swanepoel Nickel developer Sirius Resources has secured a syndicated facility agreement worth A$440-million to fund the development of its Nova nickel project, in Western Australia. Sirius told shareholders that it had agreed to the facility, with Australia and New Zealand Banking Group, BNP Paribas, The... →
By: Reuters India's Tata Steel Ltd resumed production from two of its four iron ore mines on Tuesday, a company source and a government official said, cutting a shortage that had forced the company to import the raw material for the first time. Court restrictions over the past three years to curb illegal... →
By: Esmarie Swanepoel Mining major Anglo American said this week that the company would only look to re-open the Grasstree coal mine, in Queensland, once the safety of personnel could be assured. Operations at the mine were suspended last week after a contractor was killed on site. →
By: Esmarie Swanepoel The Australian Pipeline Industry Association has called on state governments to act in order to increase gas supply, after a report from the Australian Energy Market Operator (AEMO) revealed a declining demand in domestic gas use. The AEMO report found that between 2014 and 2019, South... →
By: Esmarie Swanepoel The Australian Petroleum Production and Exploration Association (Appea) has welcomed Western Australia’s Environmental Protection Authority’s (EPA’s) new assessment guidelines for hydraulic fracturing, saying they supported the state’s existing regulatory regime. The EPA on Wednesday released a... →