Tegeta Exploration and Resources Pty Ltd v Optimum Coal
Apr 12, 2016 COMPETITION TRIBUNAL OF SOUTH AFRICA. Case No LM212Jan16. In the matter between Tegeta Exploration and Resources Pty Ltd Primary Acquiring Firm. and. Optimum Coal Mine Pty in business rescue Optimum Coal Terminal Pty Ltd. Koornfontein Mines Pty Ltd. Optimum Nekel Mining and Exploration Pty Ltd
Koornfontein coal mine EWN
Workers at Optimum and Koornfontein coal mines last received a payment in October, with mining operations coming to an end in December. Gupta mines R1.7bn rehabilitation funds case settled
Bids open for Optimum Koornfontein coal mines
The business rescue practitioners BRPs for the Optimum coal mine and the Koornfontein mines have put the assets back up for sale. The BRPs, along with major creditors, have set the closing date ...
Mining Sector News Mining Industry Coal
By Theresa Bhowan 19th February 2021 Coal exploration and mining company Canyon Coals De Wittekrans greenfield project, in Mpumalanga, South Africa, will take place in two phases. Phase 1 ...
Gupta mines face ruin as Eskom warns of coal supply
Eskom has also had to inform Nersa that it is facing shortages of coal supply at seven power stations.Hendrina and Majuba, which is supplied by the Gupta-owned Koornfontein, are among the stations that now have less than the required 20-day stockpile. Optimums 40-year coal supply agreement with Eskom comes to an end in December.
Optimum coal mine Eyewitness News
Workers at Optimum and Koornfontein coal mines last received a payment in October, with mining operations coming to an end in December. 732 days ago Ex-Glencore CEO lifts lid on Eskom tactics to ...
Third consecutive year of coal export decline from
Coal exports from South Africas Richards Bay Coal Terminal RBCT last year declined for the third consecutive year, with the 70.2-million tons exported to mainly Asia and single-digit ...
Third consecutive year of coal export decline Videos
Coal exports from South Africas Richards Bay Coal Terminal RBCT last year declined for the third consecutive year, with the 70.2-million tons exported to mainly Asia and single-digit percentages to Africa and Europe, taking exports back to what they were in 2013. In 2020, two-million fewer tons were exported than the 72.2-million tons of 2019, which was itself 3.3-million tons lower than ...
Optimum Coal workers go unpaid as rescue practitioners
Jan 10, 2019 Project Halo also put in separate bids of R200 million for Koornfontein Mines, R2.8 billion plus pre-commencement funding of R600 million for Optimum, plus another R50 million for Optimum Coal ...
Optimum Coal Mine Pty Ltd v National Union of
23 The applicant has always submitted that it is independent from Koornfontein Mine and the only connecting factor was that each had the same 100 shareholder, Optimum Coal Holdings OCH. The applicant pointed out that the secondary strike would have the effect of retarding and disrupting its ability to operate and manage its business.
Must Read Coal miner community shows the beautiful side of SA
Jan 21, 2019 Shafted by the Guptas, the people of Blinkpan, Mpumalanga have come together across race and class to help each other out . It was a dismal Christmas for thousands of coal miners in Mpumalanga when the formerly Gupta-owned coal mines of Optimum and Koornfontein, now under business rescue, stopped paying workers and contractors in October last year.
Optimum Coal Holdings Ltd Company Profile South Africa
The companys operations are located in the Witbank coalfield region in the Mpumalanga Province of South Africa and include Optimum Collieries, a large opencast and underground mining complex comprised of the Kwagga, Pullenshope, Eikeboom and Boschmanspoort mines, and Koornfontein Mines, in which the company currently has an effective 19.1 ...
CategoryOre Azure Mines Wikia Fandom
Can be found between 4,500-5,000m, but is best found at around 4500 - 4600 for optimal mining. 150,000 Constellatium 4500m 4500m-4600m Rare Only found in caves below 4500. 300,000 Darkmatter 4300m - 5000m 4300m-4600m Uncommon An ore that spawns in the dreamscape layer. Can sometimes explode. Uncommon. 125,000 Firecrystal 2500m-3000m 2550m ...
Kangra produces circa 3 Mtpa of run of mine energy coal. Kangras washabilities allow it to produce, a range of thermal coal products for both international and domestic customers. Kangras good corporate governance is balancing entrepreneurship with control and risk management
Coal miner community shows the beautiful side of South Africa
Coal miner community shows the beautiful side of South Africa When the formerly Gupta-owned mines were placed under business rescue last year, staff never knew from one
OPTIMUM COAL HOLDINGS LTD Company Profile
OPTIMUM COAL HOLDINGS LTD is located in Johannesburg, Gauteng, South Africa and is part of the Mining Industry. OPTIMUM COAL HOLDINGS LTD has 60 total employees across all of its locations and generates 7.79 million in sales USD.
Second Guptaowned coal mine fails to pay workers NUM
Koornfontein coal mine is the second Gupta-affiliated mine not to pay salaries to its workers. This was revealed by the National Union of Mineworkers NUM and follows the failure of Optimum coal ...
Export speedup projects in spotlight at Richards Bay Coal
South Africas Richards Bay Coal Terminal is going all out to raise its export efficiency in a bid to counter ship queuing. With the R1.34-billion worth of stacker reclaimers and shiploaders provided in 2018 putting in solid performances, RBCT has now turned to debottlenecking conveyor projects to speed the export side of the business. The first of these is the Conveyor 931 project and the ...
Months Before Albertans Were Told Australian Miners Knew
Feb 03, 2021 Mining company hailed lifting of Coal Policy. Atrum Coal had an inside view of the Coal Association of Canada lobbying against the Coal Policy in 2019 because Max Wang, the managing director and CEO of Atrum Coal also served as vice chair of the Coal Association of Canada.
Anglo American sale of New Largo thermal coal project in
New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskoms new Kusile Power Station. For further information on the Coal Resource please refer to the Anglo American Ore Reserves and Mineral Resources Report 2016.
Dubai firm leads bid for South African coal mines
Sep 17, 2019 Its assets include the Optimum coal mine, the Koornfontein colliery and a share in Richards Bay Coal Terminal, which allows it to export the fuel. Port access for coal producers in South Africa is a prized asset. The venture will bid for all the assets, said Adams, adding that Smada derives its name by spelling his surname backward.
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