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  • Optimum coal mine | Wood Mackenzie

    Optimum is a large complex located in the Witbank Coalfield, incorporating both surface and underground mining areas. 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.

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  • Koornfontein Underground Mining Atlas

    Optimum Coal also owns an effective 96% interest in Koornfontein Mines in Mpumalanga, which as at 30 June 2009, had a reserve base of tons of runofmine coal…

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  • South Africa's Burgh Picked to Keep Gupta Coal Mines Going

    Apr 11, 2018· Optimum Coal and six other companies were placed in administration in February and were unable to operate because India’s Bank of Baroda, the last lender in South Africa …

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  • Charles King SA court bid to halt Gupta mine sales ...

    An urgent court bid by Swissbased company Charles King SA seeking an interdict to stop business rescue practitioners from selling Guptaowned Optimum and Koornfontein mines has been struck off …

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    Coal Mining in South Africa – Universal Coal plc Mining has long been integral to the development and advancement of South Africa's economy and has contributed largely in making its economy the strongest on the continent.

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  • Elaborate deal could put Guptas back in control of Optimum ...

    An elaborate plan to buy the Tegetaowned Optimum and Koornfontein coal mines might lead to the Gupta family regaining control of the lucrative assets it had to forfeit to a business rescue ...

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

    Optimum Coal Mine (Pty) Ltd v National Union of Mineworkers (J2625/2014) [2014] ZALCJHB 454 (19 November 2014) ... Case no: J2625/2014. OPTIMUM COAL MINE (PTY) LTD ... Mr Jackson on behalf of NUM had contended that there was a nexus between the applicant and Koornfontein Mine in view of the fact that both were owned by OCH. ...

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  • Eight Gupta firms seek insolvency protection in South ...

    South Africa’s National Union of Mineworkers (NUM) said its members had not been paid on time at the Gupta’s Optimum coal mine and would not return to work.

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    Optimum Coal Colliery a Success Optimum Coal is the sixth largest producer of thermal coal in South Africa based on ... of Optimum Collieries and Koornfontein Mines are ...

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  • Piet Steyn, Former General ManagerKoornfontein Mines at ...

    The Optimum Coal Mine is an opencast and underground coal mining complex comprising the Kwagga, Pullenshope, Eikeboom, and Boschmanspoort mines. The Koornfontein Mines is located in the Mpumala nga province of South Africa and supplies coal for power generation.

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  • Topic Koornfontein Mine

    Mar 08, 2018· This comes shortly after the family's Optimum mines filed for business rescue earlier this month. This leaves their creditors holding a particularly busy bag of cats.

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    Koornfontein Mines (Pty) Ltd MBendi. MBendi's listing for Koornfontein Mines (Pty) Ltd(Koornfontein), , Optimum Coal Holdings Ltd, South Africa , Please log on to view …

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  • Glencore "pleased" with mine sale to Gupta no comment on ...

    The sale of Optimum also included the Koornfontein mine. Editor February 1, 2016 | Eskom , Glencore , Ivan Glasenberg , Jacob Zuma , Mosebenzi Zwane , Optimum Coal , South Africa , Tegeta , the Sunday Times , Zurich

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  • Optimum Coal board reviews Glencore bid South Africa News

    Independent directors at South Africa's Optimum Coal (OCH) are reviewing an expression of interest from Glencore and its local partner and share sales made to the suitors despite the absence of a ...

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  • Optimum coal mine in business rescue | IOL Business Report

    AmaBhungane meanwhile, revealed on Thursday that Optimum Coal Mine, Koornfontein Mines and Optimum Coal Terminal was placed into business rescue.

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  • Gupta coal mines in business rescue: report | eNCA

    Optimum consists of three major assets, Optimum mine, which supplies Hendrina power station; Koornfontein mine, which supplies Komati power station; and a sixmillionton coal …

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  • Workers at 3rd Gupta mine not paid | Fin24

    Optimum Coal Mine, Koornfontein Mine and Shiva Uranium are all owned by companies that fall within the larger Gupta empire. READ: Plan to rescue Gupta businesses revealed As Fin24 reported earlier on Monday, a number of Guptalinked companies, including Optimum Coal Mine and Shiva Uranium, this month appointed business rescue practitioners.

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  • Optimum coal mine

    Optimum Coal mineworkers demand to know who will rescue the mine The NUM's Goodwill Mthombeni says workers have the right to know who the business rescue practitioner will be. 267 days ago

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  • Court grants interdict to freeze Gupta mine ...

    The Pretoria High Court on Tuesday granted an urgent interim interdict to freeze the rehabilitation trust funds of the Guptaowned Optimum and Koornfontein coal mines.

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    Koornfontein Open Pit Mining Atlas. Koornfontein Open Pit is a Coal Mine (Mpumalanga) in South Africa owned by Glencore Xstrata. General: Optimum Coal also owns an effective 96% interest in Koornfontein Mines in Mpumalanga, which as at 30 June 2009, had …

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  • 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 wellpositioned to supply Eskom's new Kusile Power Station.

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  • Tegeta Exploration and Resources (Pty) Ltd v Optimum Coal ...

    However of the seven firms, only two are operational mines at present (OCM and Koornfontein), the third is the interest in the Richards Bay coal terminal while the remaining firms are either dormant or await the necessary rights.

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  • Second Guptaowned coal mine fails to pay workers‚ NUM says

    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 ...

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  • Optimum Coal’s profit rockets | IOL Business Report

    Optimum Coal (OPT), the South African coal mining and exploration group, on Thursday reported full year headline earnings of cents a massive improvement on last year's cents.

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