India, China, Taiwan lead SA April coal imports

Asia absorbed most of South Africa's 5.2-million tons of coal exports in April, led by India, China and Taiwan, exporters said. Almost all of South Africa's thermal coal is exported from the private Richards Bay Coal Terminal (RBCT) in Kwazulu...

High-grade drilling results from Bibiani

ASX-listed gold developer Noble Mineral Resources has received more high-grade drilling results of up to 52 g/t of gold from outside the current resource area at its Bibiani gold project in Ghana.

Noble wrapping up acquisition of Territory

Commodities trader Noble has reached a 90.5% ownership of ASX-listed Territory Resources, allowing it to proceed with the compulsory acquisition for the outstanding shares in the iron-ore miner. The board of Territory had backed Noble’s rival...

Coal resource at Middelmount up 22% – Macarthur

The Joint Ore Reserves Committee (Jorc-)-compliant resource estimate for the Middlemount joint venture (JV) has increased by 22% to 122,6-million tons. This was an increase on the previously estimated Jorc resource of 100,1-million tons,...

Noble says it has ‘no interest’ in Macarthur

Supply chain group Noble on Friday refuted speculation that it was showing renewed interest in a merger transaction with Australian coal producer Macarthur Coal. Noble said that it had “no interest whatsoever” in a deal relating to coal...

Macarthur Coal rejects A$3,3bn Peabody bid

The board of ASX-listed coal producer Macarthur Coal has advised its shareholders to reject a A$3,3-billion takeover offer by the US-based Peabody Energy Corporation. Macarthur, which halted trading on Wednesday, said Peabody had offered to...

Territory looking to extend life of Frances Creek, eyes acquisitions

Australian iron-ore company Territory Resources is looking to extend the operating life of its Frances Creek mine, in the Northern Territory, chairperson Andrew Simpson said on Monday. He said in a copy of a speech delivered at the company’s...