Exxaro will own Cennergi Pty Ltd. outright after the 1.55 billion rand ($105 million) deal is concluded.

DSA Investments has teamed up with two South African companies to bid for coal assets that Glencore was pressured into selling to a company controlled by the Gupta family in 2015.

Mining towns account for nine out of the 10 Australian suburbs recording the strongest median property price growth.

Multinational mining companies looking to kick off large-scale underground gold projects have struggled in recent years.

Several shareholders, including the Church of England pension fund and the Australasian Centre for Corporate Responsibility (ACCR), proposed the resolution to the company this week ahead of its AGM.

The potential closures could cut a tenth of the state firm's 45,000 MW production capacity.

Coal and steel producer Mechel, controlled by Russian businessman Igor Zyuzin, has asked its creditors for more time to make its debt repayments.