Anglo puts State back into steel, competitive bid for Ezulwini, CoAL beating odds at Vele

Diversified miner Anglo American has put the South African State back into steel making;TSX- and JSE-listed gold-and-uranium miner First Uranium is about to face minority shareholder resistance over its recent disposals; and Coal of Africa Limited...

CoAL and NGO coalition bury the hatchet

Emerging coal miner Coal of Africa Limited (CoAL) and the Save Mapungubwe Coalition, which has hitherto been challenging the Vele opencast mine development, in Limpopo, on Thursday agreed to work together. The parties signed a memorandum of...

Sovereign wealth fund could quell nationalisation talk

The discussions around nationalisation create uncertainty and all investors dislike uncertainty. The discussion of a change in regime detracts from investment, so any discussion of this sort will not be good for investments, says Coal of Africa...

Regional coal cooperation needed, sand tunnel for diamond mine, Evander 6 Shaft gold project

Cooperation among Southern Africa countries needed to unlock the value of the region’s coal resources; Gem Diamonds contracts Redpath South Africa to develop a sand tunnel at Ghaghoo in Botswana; and Taung Gold gets going at its Evander 6 shaft...

Wesfarmers mulling potential sale of Premier Coal mine

ASX-listed Wesfarmers is investigating the potential sale of its Premier Coal mine, in Western Australia, after renewed interest in the Collie Coal basin, MD Stewart Butel said on Friday. Interest in the basin’s coal mines increased since...

Coal producers sitting pretty

Old King Coal is proving to be a merry old soul indeed for Canadian miners. The $40,8-million second-quarter net income TSX-listed Western Coal Corp reported this week was almost an eighteenfold rise compared to last year.

Call for govt to usher in greater enabling environment, Russia and China combine to develop coal sources, rock-watch meters, ‘snake-eye’ cameras in safety drive

The South African government needs to put new emphasis on also enabling mining rather than only controlling it, says Coal of Africa Limited (CoAL) chairperson Richard Linnell. Read on page 12 of this edition of Mining Weekly of the dilemma in...

CoAL to meet with DEA on Vele project

Coal mining and development company Coal of Africa Limited (CoAL) would on Tuesday again meet with the South African Department of Environmental Affairs (DEA) to discuss “concerns” regarding the development of its Vele coking coal project, in...

CoAL makes senior appointments, hires Wallington as CEO

South African junior miner Coal of Africa Limited (CoAL) has appointed John Wallington as its CEO and as an executive director as from June 15. Wallington had resigned as independent nonexecutive director of fellow junior coal-miner Keaton Energy...

Daily podcast – March 11, 2010

Coal of Africa Limited is granted approval to take a bulk sample from its Makhado coking coal project; and China shows strong interest in investing in South Africa's mining sector.

CoAL receives approval to take bulk-sample at Makhado

South Africa's Department of Mineral Resources (DMR) has granted junior miner Coal of Africa Limited (CoAL) approval to take a bulk sample from its Makhado coking coal project. The Aim-, ASX- and JSE-listed CoAL holds a 100% interest in the...

Coal of Africa awarded mining right for Vele project

South Africa’s Department of Mineral Resources (DMR) has granted junior miner Coal of Africa Limited (CoAL) a new order mining right over its Vele coking coal project, in Limpopo. The Aim-, ASX- and JSE-listed CoAL owns 80% of Vele and could...