Optimum Coal Mine: NPA can't run roughshod over …

The Optimum coal mine in Mpumalanga has been under business rescue since February 2018. Photo: Bloomberg Read this for free Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. Try FREE for 14 days

Optimum Coal Mine | Mining News

Optimum Coal Mine | Mining News Optimum Coal Mine May 1, 2018 | News Eskom considering Optimum Coal Mine proposal Eskom says it is currently considering Optimum Coal Mine's business rescue practitioners' proposal to reduce the monthly coal supply tonnage to the Hendrina power station from 400 000 to 200 000 tonnage.

Coal-mining community tells NPA to butt out of Optimum …

The National Prosecuting Authority (NPA) last week launched a court bid to block the sale of the Optimum Coal Mine as part of a plan to have the infamous asset ultimately handed over to the State. The NPA is seeking a preservation of property order, and intends to apply for the asset to be forfeited to the state later.

Optimum Coal Mine (Pty) Ltd | SAHRA

Optimum Coal Mine (Pty) Ltd Website:


Email: Mbali.Mbhele@optimumcoal TelNo (s): 013 296 5030 (W) 082 319 0259 (C) …

Optimum Coal Holdings Limited

Optimum Coal Holdings has blamed industrial actions and the delivery of two large draglines for a 15% drop in coal production from the Optimum Collieries in the December 2011 half. Optimum produced 7.441M tons of run-of-mine coal during the six months, down from 8.789M tons in the December 2010 half.

Optimum Coal Mine a vehicle through which Guptas …

They effectively propose to transfer the entire business of OCM and OCT to Mr McGowan's Liberty Coal (Pty) Ltd and Liberty Energy (Ltd) in a debt for equity transaction in …

en/optimum coal mine.md at main · sbmboy/en

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optimum gold mine pty ltd in south africa

Jun 04, 2021· Amongstpanies were the first respondent, Tegeta Exploration and Resources Pty Ltd, and its three subsidiaries, Optimum Coal Mine Pty Ltd OCM, Koornfontein Mines Pty Ltd and Optimum Coal Terminal Pty Ltd OCT. Oakbay Investments Pty Ltd,pany that controlled the group, was not placed in business rescue.

Reopening of Optimum Coal Mine in Hendrina hits a snag

The Optimum Coal Mine was placed under business rescue in 2018. The envisaged re-opening of the Gupta-owned Optimum Coal Mine in Hendrina, Mpumalanga, could be further delayed. This comes after the National Prosecuting Authority (NPA) called for the business rescue process at the mine to be halted.

OPTIMUM COAL MINE (PTY) LTD Company Profile

Doing Business As: OPTIMUM COAL HOLDINGS Company Description: Industry: Nonmetallic Mineral Mining and Quarrying, Support Activities for Mining, Mining (except Oil and Gas), Mining, Quarrying, and Oil and Gas Extraction, Miscellaneous nonMetallic minerals, except fuels See All Industries

OPTIMUM COAL MINE (PTY) LTD Company Profile

Find company research, competitor information, contact details & financial data for OPTIMUM COAL MINE (PTY) LTD of GAUTENG. Get the latest business insights from Dun & Bradstreet. skip to main content We use cookies for marketing and advertising purposes, and to provide the best experience on our website. By continuing to browse the site, you ...

Optimum and Koornfontein coal mines up for …

Optimum's Coal Terminal, a shareholder within the Richards Bay Coal Terminal, includes a 6.5 million ton annual coal export entitlement. …

Optimum coal mine in business rescue

JOHANNESBURG - Workers at the Gupta-owned Optimum coal mine in Mpumalanga, this week downed tools, demanding answers from management over the mine's future, as its shareholders are on the...

RBCT's termination of the Optimum Coal Terminal disputed

By Mining Review Africa. Dec 7, 2022. Liberty Coal has said it will take all necessary actions to dispute Richards Bay Coal Terminal's (RBCT) termination of the Optimum Coal Terminal (OCT) export entitlement. This follows a letter received by the Business Rescue Practitioners (BRPs) of OCT alleging that Optimum Coal Mine (OCM) is not ...

optimum gold mine pty ltd in south africa

ARNOT COAL MINE JOBS PtyLtd Artisan learnership. ARNOT COAL MINE JOBS ARNOT COAL MINE JOBS in MIDDLEBURG is inviting applications for its artisan learnerships from …

Koornfontein coal mine

In 1999, it was owned and operated by the Ingwe Coal Corporation. By 2010, Optimum Holdings had bought a majority stake in the Koornfontein Mines from Sentula Mining. …

Optimum Coal Mine a vehicle through which Guptas …

The Pretoria high court should grant national director of public prosecutions Shamila Batohi preservation orders over Optimum Coal Mine as it was a vehicle through which the Gupta family laundered ...

Eskom and the sale of Optimum Coal Mine

Glencore had put the Optimum Coal Mine (OCM) – one of the three entities in OCH – into business rescue. Eskom, as OCM's only customer, had stated that it would only approve a change in OCM's...

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optimum coal mine pty ltd Board Of Directors Anchor Group Howard Pyoos General Manager Optimum Coal Mine (Pty Optimum Coal Mine (Pty) Ltd,Koornfontein Mines (Pty) Ltd. Optimum Coa

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Cliffe Dekker Hofmeyr

These included Tegeta Exploration and Resources (Pty) Ltd (in business rescue) (Tegeta) and its three wholly owned subsidiaries, Optimum Coal Mine (Pty) Ltd (OCM), Koornfontein Mines (Pty) Ltd and Optimum Coal …

Battle for Optimum Coal reaches deadlock

The National Prosecuting Authority is currently at the Tshwane High Court, opposing the sale of the Optimum Coal Mine to a company called Liberty Coal – which NPA lawyer Mathew Chaskalson argues is linked to the Gupta family and is a …

Optimum Coal Mine (Pty) Ltd | SAHRA

Optimum Coal Mine (Pty) Ltd Website:


Email: Mbali.Mbhele@optimumcoal TelNo (s): 013 296 5030 (W) 082 319 0259 (C) FaxNo (s): 27865806103 Address: Private Bag X1201 Pullenshope 1096 OrganisationType: Commercial Author: jennifer.kitto Post date: 10/05/2013 Active?: YES Back to Top

OPTIMUM COAL MINE (PTY) LTD

OPTIMUM COAL MINE (PTY) LTD. OPTIMUM COAL MINE (PTY) LTD. Address. Address : FARM, 1 ; City : Middelburg - Mp - MP; Zip Code : 1055; Price range : Undetermined; Directions Update the information . Phone number 013 297 71... Phone number. Reviews. 0 reviews See More. Opening hours Update the information .

Optimum Coal Mine | Mining News

Optimum Coal Mine | Mining News Optimum Coal Mine May 1, 2018 | News Eskom considering Optimum Coal Mine proposal Eskom says it is currently considering Optimum …

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RBCT cancels Optimum Coal Mine's export entitlement …

Dec 8, 2022. RICHARDS Bay Coal Terminal (RBCT) has cancelled an export entitlement contract with Optimum Coal Mine (OCM) in a development that has provoked an outcry by contractors who claim 2,000 jobs will be lost. Alan Waller, CEO of RBCT confirmed in an article by News24 that the export entitlement contract would cease on January 31 because ...

Optimum Coal | LinkedIn

Integrity: Optimum coal values Loyalty and trust while honouring interests and undertakings made to others. Website Industries Mining Company size 1,001-5,000...

Optimum Coal Mine a vehicle through which Guptas …

They effectively propose to transfer the entire business of OCM and OCT to Mr McGowan's Liberty Coal (Pty) Ltd and Liberty Energy (Ltd) in a debt for equity transaction in which Mr McGowan...

Optimum coal mine

Optimum coal mine NPA heads to court for permission to sell Optimum Coal Mine By Buhle Mbhele This comes after it filed a forfeiture application with the Pretoria High Court seeking permission...

General Manager

Optimum Coal Mine (Pty) Ltd Sep 2017 - Present5 years Apostle and co-founder Eternal Praise City Jan 2011 - Present11 years 8 months Secunda Engineering Manager Optimum Coal Nov …