South Africa orders Glencore to suspend operations at …
South Africa has ordered mining firm Glencore to suspend all operations at its Optimum Colliery over job cuts. The orders passed by the mines minister Ngoako …
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Impunzi Complex
Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement. Background. The IMpunzi mine complex is a cluster of coal mines, operated by Glencore.It produces 6.7 million tonnes per annum, on average, in Kriel, Emalahleni, Mpumalanga, South Africa. Its …
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Glencore announces expression of interest for Optimum …
Glencore International plc ("Glencore") today announces its expression of interest in acquiring a controlling interest in Optimum Coal Holdings Limited ("Optimum", JSE:OPT), …
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One company. Three deals. So many questions. | Business
Optimum Colliery, in Mpumalanga, supplied coal to Hendrina power station as well as export markets. It produced 11.6m tons and employed 1?070 employees and 1?397 contractors. ... or if it provided any funding for Optimum during Glencore's ownership, which was challenging and loss-making. Optimum continued to be held to BHP's original 1993 ...
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Tweefontein Coal Mine
Note: The above section was automatically generated and is based on data from the Global Coal Mine Tracker April 2024 release and the September supplement. Background. Tweefontein Complex is a group of operating surface and underground coal mines jointly owned by Glencore and African Rainbow Minerals (ARM), near Emalahleni, in Mpumalanga, South …
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Glasenberg retires after 19 years at helm of Glencore
Under Glasenberg's watch Glencore surrendered its Optimum Colliery to Gupta-linked Tegeta Resources and Exploration following political interference and corporate bullying.
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Seriti has an eye on Optimum
Mike Teke, Seriti's CEO, was the head of JSE-listed Optimum before it was bought by Glencore. Knowing the colliery well, he said Seriti would be very interested if it came up for sale. ... Anglo has also agreed to sell its undeveloped New Largo colliery to a consortium that includes Seriti, leapfrogging the new resources company into the top ...
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Careers
Glencore in numbers. 150,000. employees and contractors around the world. 35+ countries. 60+ commodities. Career opportunities. Search and apply for a range of current career opportunities across our business. Search and apply here. Our culture. Read more. Meet our people. Read more. Graduates. Read more. Experienced professionals.
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Battle for Optimum Coal reaches deadlock
Masinga led hundreds of community members to the gates of the Optimum Colliery Friday 11 March 2022 and were expected to get there and "occupy the mine" but that didn't happen on Friday. ... Glencore partners with SAFA to develop young players and coaches in local communities. Advertisement. Latest News. South Africa's Defeat to Rwanda ...
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Thato Gama Email & Phone Number | Glencore Assistant …
Get Thato Gama's email address (t*****@glencore) and phone number at RocketReach. Get 5 free searches. ... Koornfontein Colliery and Optimum Colliery. Thato Gama holds a 2019 - 2021 Master of Business Leadership - MBL in Business Administration and Management, General @ University of South Africa/Universiteit van Suid-Afrika. With a robust ...
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Oakbay's Tegeta to acquire Optimum companies for R2.15BN
The joint business rescue practitioners (BRP) of Optimum Coal Holdings, Piers Marsden and Peter van den Steen on Friday concluded a conditional transaction with Tegeta …
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Liberty Coal (Pty) Ltd (" Liberty Coal OCM RBCT OCT
to Liberty Coal, including Seriti, Thungela and Glencore – has refused to register Liberty Coal Terminal in its securities register, and accordingly allow it to export coal from the Optimum Mine through the RBCT terminal. This is despite previously granted RBCT board approvals and the binding OCT business rescue plan, and is seemingly
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About Us
Kwagga ( Optimum ) Graspan ( Shanduka Coal / Glencore ) Townlands Colliery (Shanduka Coal / Glencore ) Goedgevonden ( Glencore ) Wonderfontein ( Shanduka Coal ) Nkomati Nickel ( ARM / Moolmans ) Tselentis Colliery ( Msobo Coal) Overlooked Colliery; Khutala Colliery ( South 32 / Aveng Moolmans )
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Eduan (Eddie) Naude
-- · I've started in the mining industry as a blasting assistant, worked my way up to a blaster/blasting technician. I've relieved as a foreman/supervisor at an early age in my career, ie : Blasting Supervisor, Drilling supervisor, I am currently working as a Production Supervisor, coaling, at Goedgevonden mine near Ogies in Mpumulanga (South Africa) · …
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Where We Operate | Our Operations | Thungela
Construction of the Rietvlei Colliery commenced in November 2018 with its first coal sales delivered in March 2019. The Colliery consists of a single strip cut of over 1.5km with several low wall access ramps. All mining activity at the Colliery is undertaken by contractors utilising truck and shovel equipment.
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Howard Pyoos
Chief Operating Officer at Liberty Coal -Optimum Colliery · Experience: Liberty Coal (Pty) Ltd · Education: University of Pretoria/Universiteit van Pretoria · Location: Emalahleni · 500+ connections on LinkedIn. ... Glencore Coal South Africa, Optimum Complex Aug 2010 - Jan 2014 3 years 6 months. Middelburg Area, South Africa Colliery ...
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Glencore could sell its troubled South African Optimum coal …
Glencore's struggling South African unit, Optimum, which is currently embroiled in a dispute over the price of coal with power utility Eskom could be sold off, a firm appointed to rescue the ...
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Hunter Valley Operations
Hunter Valley Operations (HVO) is a joint venture between Yancoal (51%) and Glencore (49%) which is independently managed on behalf of the JV partners. Continuation project The HVO Continuation Project aims to recover further coal resources within the existing mining tenements at HVO, extending the life of mine from 2025 to 2050 at HVO North ...
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Analysis: Glencore-Eskom deal introduces new dynamic in
The Optimum colliery in the Mpumalanga province produces 10 million mt/year, half of which is exported with the other half sold to Eskom. In January, Glencore placed the mine under care and maintenance, citing challenging market conditions and a continued deterioration in seaborne thermal coal export prices.
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Baal Bone Colliery achieves government sign-off for 120
Glencore's Baal Bone Colliery, north of Lithgow, has received government sign-off for 102 hectares (ha) of rehabilitated mined land. The achievement represents Glencore's third successful application for sign-off in New South Wales, following certification at Ulan Complex (52ha in 2020), near Mudgee, and Westside Open Cut (38ha in 2020 ...
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Glencore : to sell Optimum Coal Mine in South Africa for …
JOHANNESBURG (Reuters) - Glencore has provisionally agreed to sell its troubled South African coal mine for 2.15 billion rand (£90.1 million), narrowly avoiding closing …
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Glencore to sell Optimum Coal Mine in South Africa for $136m
Anglo-Swiss miner Glencore has provisionally agreed to sell its optimum coal mine in South Africa to Tegeta Exploration and Resources for $136m. The deal will save the mine …
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Optimum may extend Hendrina coal supply
Optimum is currently supplying coal to Hendrina at a price of around R150/t in terms of a 60 day interim agreement which is due to end on November 4. The cost of producing coal from Optimum is some R400/t and the difference is being funded by colliery owner Glencore while negotiations between the BRPs and Eskom continue.
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South Africa orders Glencore to suspend operations at Optimum …
South Africa has ordered mining firm Glencore to suspend all operations at its Optimum Colliery over job cuts. The orders passed by the mines minister Ngoako Ramatlhodi coincided with the company's latest announcement that it was putting the mine into business rescue due to an uneconomic agreement with state power firm Eskom.
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Jan Nel
Mining ★ Mine, Operations and General Management ★ Production and Business Process Improvements ★ Business Acumen ★ Production Systems Management ★ Project Management and Planning ★ · A highly accomplished mining operations professional offers a stellar career track record of success in managing mine operations to achieve and exceed optimum …
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Eskom seeks R2Bn penality from Glencore
Glencore is disputing Eskom's claims however saying the coal it supplies to Eskom from its Optimum colliery is of a high standard. Talking at its annual financial results, Eskom acting CEO Brian Molefe said Eskom wants its power stations to perform better and wants Glencore to pay R2 billion in penalties for supplying poor quality coal which ...
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Liberty Coal agrees to Optimum forfeiture deal
Liberty Coal has agreed a forfeiture settlement over Optimum coal mine whereby it will pay R462mn ($24.7mn) – or 44pc of the mine's current value of R1.05bn - to South Africa's National Prosecuting Authority (NPA).
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Guptas and Zwane 'drove Glencore to sell colliery …
Outlining the events leading to the virtual collapse of the Optimum colliery, which had supplied Eskom's Hendrina power plant in Mpumalanga for more than 40 years, former CEO of Glencore Coal SA ...
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How world sees SA: Guptas pulled levers of …
Last August, Glencore initiated so-called business rescue proceedings at Optimum Coal, because the unit was suffering "financial hardship" due to the terms of its coal supply contract with Eskom. Shortly …
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Zuma's son 'the top shareholder' in firm that bought Optimum
Johannesburg - President Jacob Zuma's son Duduzane is the biggest individual shareholder in a group that's acquiring Glencore's [JSE:GLN] Optimum colliery, a person familiar with the shareholding said. The group includes the Gupta family, whose links with the Zuma family have been criticised by opposition parties.
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