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DB Hoovers provides sales leads and sales intelligence data on over 120 million companies like KOORNFONTEIN MINES (PTY) LTD and Nonmetallic Mineral Mining Quarrying contacts in WITBANK, Mpumalanga, South Africa and around the world.
Optimum coal mine in business rescue. ... revealed on Thursday that Optimum Coal Mine, Koornfontein Mines and Optimum Coal Terminal was placed into business rescue. ... View .
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 ...
Koornfontein coal mine is the second Guptaaffiliated 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 ...
1. Optimum Coal Mine (Pty) Ltd (in business rescue) for the sale of assets. Located in the Mpumalanga province. OCM has open cast strip and underground sections. OCM owns 8 draglines, 2 processing plant, 1 railway siding, 1 rapid load out facility, 15 ML/day water reclamation plant. Life of mine is 2030+.
Apr 13, 2018· Entrepreneur Quinton van der Burgh says he plans to have two of the crippled Gupta mines financially stable in two months and increase coal production within six months. Van der Burgh has won a temporary contract to keep Optimum and Koornfontein mines afloat.
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.
Sep 10, 2019· BUSINESS rescue practitioners (BRPs) are expected to select the winning bid for Koornfontein coal mine by the end of the this month, according to a report by IHS Markit. A decision on the successful bid for Optimum Coal Mine is expected soon thereafter, said the industry publication citing two sources involved in the process. BRPs [.]
View all in Video. CARTOON: Bright Excuses ... Ephron was Glencore''s CEO when the company sold its Optimum coal mine to Guptaowned Tegeta. ... Optimum, Koornfontein miners set to continue ...
optimam coal sa koonfontein mines video view. Heavy construction equipment refers to heavyduty vehicles, specially designed for executing construction tasks. They .
Sep 26, 2017· Outa blocks Gupta coal mines. ... of the trust fund accounts of the Guptaowned Optimum and Koornfontein coal mines. ... Muhammadu Buhari have condemned the recent violence in SA.
Jan 10, 2019· The BRPs have provisionally accepted a combined offer from the Project Halo consortium to purchase three companies (Optimum Coal Mine, Koornfontein Mines and Optimum Coal Terminal) at .
Sep 18, 2019· Dubai''s DSA Investments has teamed up with two South African companies to bid for coal assets that Glencore was pressured into selling to a .
Aug 23, 2017· Guptas selling Tegeta mining interests ... Tegeta is made up of Optimum‚ Koornfontein and the Optimum Coal Terminal‚ which has recently seen a .
View all in Video. CARTOON: Bunny Bones ... NUM members to strike at Guptaowned Koornfontein mine. ... The controversial family''s other operation Optimum coal mine in Mpumalanga failed to pay its ...
South Africa . Gupta mines to start operating ... Workers at Optimum Coal near Middelburg in Mpumalanga‚ the flagship coal mine owned by the Gupta family‚ have been on strike since Saturday ...
Our flagship operations are Optimum Collieries and Koornfontein Mines in Mpumalanga. Optimum Coal is the sixth largest producer of thermal coal in Southern Africa, SArsquos fourth largest coal exporter with significant shareholding of RBTC and a key supplier of coal to Eskom.
Eskom reportedly said it was making plans to divert coal from other mines if coal supplies form Optimum and Koornfontein dropped. ... with a view to ensuring that they continue to perform, in ...
View all in Video. CARTOON: Bright Excuses ... Ephron was Glencore''s CEO when the company sold its Optimum coal mine to Guptaowned Tegeta. ... Optimum, Koornfontein miners set to continue ...
Sep 28, 2018· The company''s contracts to supply coal to the embattled power utility Eskom at three of its mines – Koornfontein, Brakfontein and Optimum .
New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is wellpositioned to supply Eskom''s new Kusile Power Station. For further information on the Coal Resource please refer to the Anglo American Ore Reserves and Mineral Resources Report 2016.
The National Union of Mineworkers (NUM) on Monday expressed its dissatisfaction over the nonpayment of employees'' salaries at the Optimum and Koornfontein coal mines for the past two months.
Oct 08, 2018· Ghosts of the Guptas still haunt Optimum coal mine . ... a share in the Richards Bay Coal Terminal and Koornfontein Mines. ... South Africa. Africa. International.
May 23, 2019· Optimum Coal Mine together with Optimum Coal Terminal and the independent Koornfontein Mines, in Mpumalanga are now up for sale within strict parameters as governed by the provisions regulating entities under Business Rescue. These companies commenced business rescue proceedings in February 2018 ...
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