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Eskom's coal supply threatened by foiled Optimum deal ...

Eskom's coal supply threatened by foiled Optimum deal ...

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The decision taken by Eskom's erstwhile chief executive Brian Molefe to give Optimum coal mine the cold shoulder in 2015 jeopardised the coal supply to the ailing utility's Hendrina power ...

South Africa: Stateowned mining company enters bid for ...

South Africa: Stateowned mining company enters bid for ...

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Optimum Coal was previously operated by Tegeta Exploration and Resources, and consists of the Optimum Coal Mine, Koornfontein Mines, which produced an estimated 10 million tons of coal per year – half of which was supplied to power utility company, Eskom.

Project Halo stakes claim to buy Guptas' Optimum coal mines

Project Halo stakes claim to buy Guptas' Optimum coal mines

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Project Halo offered to buy Tegeta's Optimum Coal Mine, for a maximum of, Koornfontein Mines for R200million and Optimum Coal Terminal for R50 .

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How Eskom

How Eskom "bought" Optimum Coal for the Guptas – report ...

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Jul 23, 2017· "There were two requirements to buy Optimum: the buyer had to provide proof that it had financing for the purchase price and that it had a contract to purchase the 4 million tons of coal that ...

Optimum Colliery (Pullens Hope, Middelburg, Mpumalanga)

Optimum Colliery (Pullens Hope, Middelburg, Mpumalanga)

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View the complete business profile of 'Optimum Colliery on Optimum Colliery (Pullens Hope, Middelburg, Mpumalanga) Smart search Business name search

Optimum Coal Mine protest YouTube

Optimum Coal Mine protest YouTube

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May 17, 2018· Latest from Optimum Coal Mine where some of the contracted workers have not been paid for months. On Tuesday some NUM members clashed with police at the mine as they demanded their salaries. The ...

Optimum CEO to address workers | eNCA

Optimum CEO to address workers | eNCA

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HENDRINA, Mpumalanga Optimum Coal Mine CEO George van der Merwe is expected to address striking workers on Thursday. About 2,000 workers at the Mpumalanga mine .

Optimum Coal Mine | Mining News

Optimum Coal Mine | Mining News

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Eskom considering Optimum Coal Mine proposal May 1, 2018 | News Eskom says it is currently considering Optimum Coal Mine's business rescue practitioners' proposal to reduce the monthly coal supply tonnage to the Hendrina...

Optimum Coal Mine needs R1bn to R2bn in order to be saved ...

Optimum Coal Mine needs R1bn to R2bn in order to be saved ...

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Oct 19, 2018· Another issue was that Optimum Coal would have to be allowed to export coal. In terms of a longdated coal sales agreement, Optimum Coal mine has to supply Hendrina, an Eskom power station (although Bergh Group currently has a 12month deal which allows it to export a .

Flipboard: Optimum Coal Mine to resume supply to Eskom ...

Flipboard: Optimum Coal Mine to resume supply to Eskom ...

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DURBAN – The Guptalinked Optimum Coal Mine is set to supply Eskom with coal again after its business rescue practitioners secured R1billion in . Flipboard: Optimum Coal Mine to resume supply to Eskom after securing R1bn funding

Optimum coal mine temps several potential buyers

Optimum coal mine temps several potential buyers

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Mar 28, 2018· Several companies are considering whether to buy the Optimum coal mine in Mpumalanga, South Africa. These companies include Exxaro Resources, Seriti Resources and Glencore. If Seriti Resources goes ahead and purchases the mine it would be a great fit as its CEO, Mike Teke, was the CEO of Optimum ...

Optimum coal mine | Wood Mackenzie

Optimum coal mine | Wood Mackenzie

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Sep 14, 2018· The mine area covers the Pullenshope 155 IS and Optimum 480 IS farms. The complex is made up of five distinct mining areas: the Kwagga, Kwagga North, Pullenshope and Eikeboom surface pits, and the Boschmanspoort underground mine. Optimum supplies thermal coal to Eskom's Hendrina and Arnot power stations.

NUM: 'Optimum Coal workers will not return to work until ...

NUM: 'Optimum Coal workers will not return to work until ...

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JOHANNESBURG The National Union of Mineworkers (NUM) says its members at the Optimum Coal mine are not willing to return to work until their salaries for October and November are paid. The union ...

Optimum Coal Mine (Pty) Ltd v National Union of ...

Optimum Coal Mine (Pty) Ltd v National Union of ...

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[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.

Optimum Coal Middelburg

Optimum Coal Middelburg

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Optimum Coal has the vision to become the country's benchmark South African owned and controlled coal mining and exploration group.,Hendrina Road R542 Private Bag X402,Optimum Coal,Middelburg