Court rulings may alter way in which unions exercise right to strike

Several recent court judgements may alter the way in which South African trade unions exercise the right to strike, following the determination that a union can be held liable for damages caused during a union-organised protest action or workplace...

Wescoal Mining names CEO

JSE-listed Wescoal Holdings said on Monday that Dutch Botes has been appointed the CEO of its mining subsidiary with effect from November 1. A Wescoal spokesperson told Mining Weekly Online that Botes would preside over the mining section of the...

Wescoal inks R700m coal supply deal with Eskom

JSE-listed Wescoal said on Thursday it had clinched a 3.2-million-ton coal supply agreement with power utility Eskom from its Khanyisa and Intabane mines in Mpumalanga. The three-year supply agreement to January 31, 2015, was a “step in the...

Lack of investment in SA coal mining industry

A strict regulatory mining environment, water use licences and a lack of historical investment in logistical infrastructure in South Africa are significant challenges that are driving coal mining investment elsewhere.

Transactions to increase Wescoal life-of-mine by 15 years

Coal junior Wescoal announced a four-step transaction last week, which will increase its life of mine by 15 years, in the medium term. The transactions included the acquisition of the remaining 40% of the Vlaklaagte mining right, owned by...

Veolia clinches Mauritania wastewater plant contract

Water and wastewater subsidiary of Veolia Water, Veolia Water Solutions & Technologies South Africa (Veolia) was recently contracted by an engineering, procurement and construction management company to design, fabricate and supply a brackish...

Wescoal sells Vlaklaagte to Xstrata, buys Elandspruit

JSE-listed Wescoal announced on Tuesday that it would sell its Vlaklaagte mining rights to diversified miner Xstrata for R81.1-million, while it would buy the Swiss-listed group’s Elandspruit rights for R93.8-million. The transactions were in...

Varsity, NGO launch research centre aimed at improving living conditions of near-mine communities

A new research centre has been established at the North-West University’s (NWU’s) Potchefstroom campus and is aimed at, amongst other things, improving the living conditions of communities near-mine. The new Bench Marks Centre for Corporate...

Company Announcement: NWU gives Africa’s social responsibility a huge push

The North‐West University’s Potchefstroom Campus has started a new research centre, which will lead to the improvement of the living conditions of communities in the mining industry.

Company Announcement: African Rainbow Minerals (ARM) stance on the Modikwa Deeps Properties

African Rainbow Minerals Limited (ARM), joint venture partners with Anglo American Platinum Limited (Amplats) wishes to clarify its position with regard to three of the Modikwa Joint Venture’s Modikwa Deeps Properties, being portions of the...

Resources Watch

This week: Renova may build a manganese sinter plant in South Africa. Eskom initiates talks with Exxaro on the Medupi delay. And, Wescoal is bullish about its 2012 inland coal market

Wescoal bullish about 2012 inland coal market

The domestic coal price is expected to increase by as much as 16% by March 2012, bolstering JSE-listed Wescoal’s bullish outlook on the inland coal market for the year ahead, CEO André Boje said on Thursday at the miner’s interim results...