anthracite
Coal
Afrimat steps in to save Nkomati anthracite mine
“We still believe in the value that Nkomati can add to the diversity of the bulk commodity portfolio within Afrimat." - Andries van Heerden
Coal
Unicorn Capital unearths the heart of Nkomati Anthracite
Current stakeholders and prospective investors will be thrilled to know that Nkomati Anthracite has been successfully redeveloped by Unicorn Capital Partners (formerly Sentula Mining).
“These...
Coal
Buffalo Coal Corp secures additional funding and downgrades public listings
South African anthracite miner Buffalo Coal Corp. has secured additional funding from Investec Bank and Resource Capital Fund V L.P. (RCF) to use for...
News
Petmin concludes wage negotiations at Somkhele anthracite mine in KZN
Tendele Coal Mining, a subsidiary of JSE-listed multi-commodity mining company Petmin, has successfully concluded wage negotiations with the majority unions at its Somkhele anthracite mine...
Coal
Ukraine coal extraction rates keep plummeting, down 44% in June
International - Ukraine coal extraction in June decreased by 44.3% year-on-year to 3.51 Mt (metric), down from 6.3 Mt in June 2014, but up...
News
Petmin announces R350M BBBEE deal for Somkhele anthracite mine
Petmin today announced a R350 million broad-based black economic empowerment (BBBEE) deal which sees a 20% stake in its Somkhele anthracite mine being acquired...
