SOUTH32: Resilience in unprecedented times
Despite the challenges presented by COVID-19, South32 ended FY20 with a strong balance sheet, improved performance at several operations, and
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Coal
Resgen secures funding for its coal project
Resource Generation Limited (Resgen) has announced a mine funding package for its Boikarabelo Coal Project. Resgen along with its majority
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ARM reports 6% increase in headline earnings
The financial year ended 30 June 2020 was challenging, said African Rainbow Minerals Limited, particularly in the second half of
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Exxaro: operating environment remained challenging
Exxaro Resources is expecting headline earnings for the six-month period ended 30 June 2020 to decrease between 34% and 18%
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MC Mining reports significant drop in coal production
The spread of the COVID-19 virus impacted MC Mining’s Uitkomst Colliery, corporate office, Makhado, Vele and GSP sites. The Uitkomst
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BHP looks at world economy and commodities
Short term economic outlook The global economy has been dramatically impacted by COVID-19. Many major economies contracted heavily in the
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Exxaro reports 1H20 coal production down only by 1%
Exxaro’s finance director, in his pre-close message for the first half of the year ending 30 June 2020, reports that
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Medupi power station’s faulty boiler fixed and producing power
Eskom has completed repairs to Unit 3 of Medupi power station, following the closure of the unit since January to
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Why Anglo American is exiting coal mining in South Africa
Commodity giant Anglo American plans to exit coal mining in South Africa, in its effort to break away from carbon-based
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