Company Announcement:LontohCoal Media Statement on OTC Share Trading Platform Launch

On behalf of the Board of Directors of LontohCoal Limited, it gives me great pleasure to announce the launch of trading of LontohCoal Limited’s shares on an OTC basis from 01 June 2012

Current power price path will squeeze SA competitiveness

South Africa’s international competitiveness will increasingly be dampened by the rapid rate at which the domestic electricity price is rising, Energy Intensive User Group chairperson Mike Rossouw said on the second day of the Africa Energy...

Company Announcement: New opportunities in Sub-Saharan Africa

Exciting new discoveries of oil and gas reserves in sub-Saharan Africa are set to revitalise the region’s economic prosperity and substantially increase growth and development in the oil and gas sector.

Company Announcement:Exploration Bonanza at Oil & Gas Africa 2012 – OGAF 2012

The recent launch of the 2012 edition of the Oil & Gas Africa Exhibition & Conference at the Royal Cape Yacht Club in Cape Town immediately drew in 30 industry-leading exhibitors.

$7.1bn coal project pipeline to drive Mozambique mining growth

Mozambique is poised to become a significant coking coal producer within the next three to five years, with its coal sector accounting for 61% of the total value of the project pipeline, Frost & Sullivan research associate Christy Tawii said on...

Southern African cooperation needed to unlock coal potential

Cooperation among Southern Africa countries was needed to unlock the value of the region’s coal resources, Coal of Africa Limited (CoAL) CEO John Wallington said on Thursday. Speaking at the Terrapin Africa Mining 2011 conference in...

AfDB approves €150m loan for manganese project

Black-owned Kalagadi Manganese reports that the African Development Bank (AfDB) approved its €150-million loan in May.

Toro upbeat about uranium demand outlook

Explorer Toro Energy said on Monday that the medium- to long-term demand outlook for uranium remained positive and continued to support its drive to advance the Wiluna uranium project, in Western Australia. MD Greg Hall said it expected the...

Retiring Cameco chief slams 'illogical, emotional' Germany

It’s not often that the boss of a multi-billion-dollar company gives a tongue lashing to a government, but outgoing Cameco CEO Jerry Grandey used part of his swansong earnings call to do just that. To Germany, no less. Criticising what he...

Finding new gas reserves a priority, says Ferguson as LNG demand surges

Federal Resources and Energy Minister Martin Ferguson on Monday said the demand for liquefied natural gas (LNG) would likely double within the next 25 years, to 360-million tons a year. Ferguson told delegates at the Australian Petroleum...

As shale gas concern rises in SA, Shell offers glimpse into N American operations

Operators in the Haynesville shale area of North America, which is located on the border of east Texas and western Louisiana, are rushing to secure leases and keep their foothold in the region. Global oil and gas producer Shell, which holds an...

Carbon sequestration technologies for new CTL plant

Global oil giant Shell and diversified mining company Anglo American, in a joint venture known as Monash Energy, are developing a clean coal-to-liquids (CTL) plant in the Latrobe Valley, in Australia, which will use low-emission and carbon...