francis.de.rosa@glencore Allyn Hamonet O: +61 (0) 24925 6431 M: +61 (0) 418 228 075 [email protected] Notes for Editors United Colliery United Colliery, which began operations in the Upper Hunter in 1979 as an underground mine, has been owned by Glencore and the CFMEU since 1999.
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 ...
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).
Glencore (Xetra: A1JAGV - news) has provisionally agreed to sell its troubled South African coal mine for 2.15 billion rand ($136 million), narrowly avoiding closing the …
Construction Manager at Glencore Coal · Experience: Glencore Coal · Education: Middelburg tegniese kollege · Location: Mpumalanga · 257 connections on LinkedIn. View Gert de Wet's profile on LinkedIn, a professional community of 1 billion members. ... Optimum Colliery: Pullenshope underground mine May 2012 - Jun 2013. Underground mine: 5 ...
/ Glencore Graspan Colliery Glencore Graspan Colliery. District Rietfontein Middelburg . Mpumalanga 1055. South Africa. CONTACT US. Get more information. ×---Service ... BHP Billiton Optimum Coll... Pullens Hope. Coal. Wal Mining (Pty) Ltd. Mpumalanga. Coal. Delmas Coal (Pty) Ltd. Delmas. Coal. Glencore iMpunzi Opencast. Witbank. Coal ...
Coal processing buildings stand at the Optimum Colliery, owned by Glencore Plc, in Middelburg, South Africa, on Wednesday, April 13, 2016. Creditors of Glencore's Optimum Coal mine approved a plan to... Get premium, high resolution news photos at Getty Images
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 ...
This time, units of Glencore plc, an Anglo-Swiss multinational commodity trading and mining company, pleaded guilty to charges including bribery and price manipulation. A whopping $1.5 billion...
The UAE has stiffed the National Prosecuting Authority again, forcing it to cut a deal over the future of the Optimum mine. This comes as a former Gupta crony is threatening to pull the Gupta ...
Hundreds of National Union of Mineworkers (Num) and members of Mpumalanga Action Movement (a community-based organisation) marched to the Glencore, Seriti and Thungela offices in on on Friday, protesting against the decision by Richard Bay Coal Terminal to deny former Gupta-owned Optimum Mine its share of the export allocation.
Optimum Colliery - Contact Us, Phone Number, Address and Map business. Find us at Optimum Pullens Hope Pullens Hope in .
Oakbay, a company of the Guptas and former president Jacob Zuma's family, bought Optimum from Glencore in 2016 for $145 million (R2.5 billion currently). The mine, at one time the third largest ...
A sign stands on a wall near the entrance to the Optimum Colliery, owned by Glencore Plc, in Middelburg, South Africa, on Wednesday, April 13, 2016. Creditors of Glencore's Optimum Coal mine approved a plan to sell it to a company controlled by South African President Jacob Zuma's son and the Gupta family on Friday, according to an ...
In 2011 I joined Optimum Colliery, now part of Glencore Xtrata Plc. as Maintenance Engineer Earth Moving Equipment. My key areas of responsibility have been SHEQ management, Maintenance management, Costs management, People management and Project management. During my working career I managed to complete my B-Tech in Electrical Engineering and ...
The majority of the properties adjacent to Mafube are owned by Glencore Operations South Africa Proprietary Limited (Glencore) – Phembani Group's Umcebo Holdings Mining Proprietary Limited (Umcebo). ... Nucoal Mining (ground to the west of Mafube); Sumo Colliery Proprietary Limited and Optimum Colliery. Infrastructure:
The National Union of Mineworkers (NUM) says a court settlement that gives control of the Optimum Coal Mine and the Optimum Coal Terminal into the hands of Liberty Coal will save more than...
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 ...
When Komati was re-commissioned the then owners of the Koornfontein Colliery (not Glencore at the time) indicated that their coal was being exported but there was a small portion of coal that could still be offered to Eskom for sale. ... Optimum Colliery being its main supplier 64 that provides the bulk of the coal that it requires and a second ...
Glencore Optimum UG Operations · Middelburg, [email protected] – 0725701404WORK EXPERIENCEChief Safety Officer (2008-2015)Previous: Mine Overseer, Shiftboss, Safety Officer, and MinerGlencore Coal SA - Middelburg, Mpumalanga - January 1987 to PresentRESPONSIBILITIES …
How Glencore's sale of Optimum was meant to prevent load shedding. At the time of Tegeta purchasing the mine, the Gupta subsidiary was in a dire financial state. This was when Eskom stepped in ...
(Bloomberg) — South African President Jacob Zuma's son Duduzane is the biggest individual shareholder in a group that's acquiring Glencore Plc's Optimum colliery, a person familiar with the shareholding said. The group includes the Gupta family, whose links with the Zuma family have been criticized by opposition parties.. Tegeta Exploration & Resources …
The storied history of Optimum Coal Mine (OCM), once the most prized trophy in the Gupta family's portfolio of state capture assets, continues; it is about to exit business rescue after six...
The Gupta family allegedly made three offers to purchase Optimum coal mine from Glencore - before the multinational mining company caved under pressure from Eskom and the department of mineral ...
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.
Glencore's Arthur Taylor Colliery adopts ACTOM Signalling's well-proven yard control system ACTOM Signalling, which has made a name for itself countrywide for its development of a simple and efficient semi-automated yard control system for use in shunting yards as a viable and less expensive alternative to a fully-fledged signalling system ...
Glencore's marketing activities in South Africa began in 1974, with mining starting 14 years later, in 1988. Over the years, we have established a strong presence in South Africa's coal and ferroalloy sectors, and have become a major contributor to the country's local, provincial and national economies.
Baal Bone Colliery closed as a mining operation in 2011 and played an important role for Glencore Coal as an employee training facility from 2012 to 2018. Since 2019, a mine closure phase has been underway to rehabilitate and decommission infrastructure. ... Glencore continues to engage with the communities of the Lithgow Local Government area.
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 …
Allegations that employees were being targeted for retrenchment Optimum colliery were baseless, Glencore said on Wednesday. employees make up 15% of the total affected employees.
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.
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 …
Three months after he was appointed minister of mineral resources, Zwane assisted the Gupta family acquire Glencore's Optimum colliery. The Gupta family's acquisition of Optimum Coal Mine was a scandal involving political interference. Zwane allegedly lobbied Glencore bosses in Switzerland for the mine's sale to the Gupta family.
Optimum . Koornfontein . Xstrata: GGV . Impunzi . Tweefontein . All tonnage shown on a managed basis Lakeside & Leeuwfontein . Springlake . stopped . From 2005 an aggressive acquisition strategy was pursued, which commenced with the acquisition of the Graspan Colliery, building up to the 2013 finalisation of the Xstrata merger. 7
Glencore Coal is committed to returning mine sites to self-sustaining native ecosystems, agricultural use or other suitable purposes that meet requirements set down by government. Prime examples are the former Westside open cut and West Wallsend underground mines, where our mine site rehabilitation is among the best in the world and a source of ...