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Without Prejudice Eskom Holdings SOC Limited Optimum Coal ...

Without Prejudice: Eskom Holdings SOC Limited/ Optimum Coal Mine Proprietary Limited and Optimum Coal Holdings Limited – Indulgence on Qualities letter dated 22 September 2015 5.191. Limited and Optimum Coal Holdings Limited – Indulgence on Qualities letter dated 22 September 2015 5.191.

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Steenkool / Coal – ONAFHANKLIK

Nov 29, 2018 · Business rescue documents show that the coal Optimum exports earns it about R579 a tonne, which earns a nice round 60% gross profit before tax and mandatory expenses relating to labour and surrounding communities. But for the first three months of this year, at least, export coal was not an important part of Optimum's business.

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

Apr 12, 2016 · [6] These firms are directly controlled by Optimum Coal Holdings (Pty) Ltd ("Optimum Coal Holdings") and will hereinafter be referred to as the Target Group. Proposed transaction and rationale [7] The proposed transaction involves Tegeta acquiring the shares and claims on loan account held by Optimum Coal Holdings in the seven target firms.

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Eskom agrees to lower quality coal from Gupta-owned Tegeta

The documents also reveal that the price Eskom pays Optimum for coal will increase from January 1. They say: "Eskom offered Optimum a rebased price of R 188.07/ton [September 2016 money values].

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Google Docs

Create and edit web-based documents, spreadsheets, and presentations. Store documents online and access them from any computer.

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Gugu Immaculate Ngwane - HSE System Administrator ...

Optimum Coal Mine August 2015 – Present 4 years 2 months. Middleburg, Mpumalanga. HSE System Administrator - Optimum Coal Mine August 2015 - Present Document Control Month-End-Stats Legal Appointments Admin Liaising with HOD's and Contractor Owner Linked Underground Operations COP, SOP and WI onto SharePoint

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Eskom agrees to lower quality coal from Gupta-owned Tegeta

The documents also reveal that the price Eskom pays Optimum for coal will increase from January 1. They say: "Eskom offered Optimum a rebased price of R 188.07/ton [September 2016 money values]. This price‚ escalated to 1 December 2017 using the agreed basket of indices‚ translates to R 201.46/ton.

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SACAFMA

welcome The South African Colliery Administrative & Financial Managers' Association (SACAFMA) is a professional association of administrative and financial managers within the mining industry. Its mission is to provide a conducive, interactive forum where issues of a financial, administrative, commercial and managerial nature pertinent to the ...

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Optimum: Our requirements haven`t changed - Eskom ...

Apr 19, 2016 · As far as Arnot power station coal supply is concerned, Optimum and six other companies have been supplying coal to that station in the normal course of business since January 2016. This followed the expiry of Exxaro's contract in December last year. A new long-term contract will be signed with the winning bidder or bidders in due course.

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RE: INTRODUCTION TO THE SALE PROCESS ON THE ASSETS .

Optimum Coal Terminal (Pty) Ltd (In Business Rescue) and Koornfontein Mines (Pty) Ltd ... will only be granted upon receipt and vetting of the required documents as set out in clause 1.1 and 1.2 and receipt of the proof of payment as set out in clause 1.6. 1.5 During the due diligence period a maximum of 12 (twelve) people per consortium ...

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Global ;J Ral,,a Methane Initiative

Optimum Utilization of CMM/CBM in India " 24. th – 25. th . April 2019 Ranchi (Jharkhand) India . Coal: A primary source of Indian Energy Coal is the most important and abundant fossil fuel in India spread over 66 Coalfields; The country's industrial heritage was built upon indigenous coal; India is the 3 largest Coal Producer in the World.

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Eskom and the sale of Optimum Coal Mine | GroundUp

Nov 29, 2016 · The Public Protector's report provided some fairly damning evidence about Gupta-owned Tegeta's purchase of Optimum Coal Holdings (OCH). Industry analysts have speculated on what this means and what the next steps could be. State of Capture, the .

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Optimum Coal mineworkers down tools - YouTube

Jun 12, 2018 · Optimum Coal mineworkers in Hendrina, Mpumalanga have shut down the mine this morning. The mine has been placed under business rescue and .

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Glencore faces court over Gupta deal | IOL Business Report

Coal supply. Optimum has supplied Hendrina with about 5.5 million tons of coal a year since 1993 on a fixed-price contract – currently about R150 a ton.

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Battle for Optimum Coal | Fin24

Mar 18, 2018 · Direko had also contacted UK-based trader Tormond to organise forward sales of Optimum coal reserves, court papers show. A response letter in the court papers says that Tormond is "ready, willing and able to enter into an off-take agreement for your commodity".

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Optimum Coal Mine Middelburg - Think Local

Optimum Coal Mine, located at 1 Farm, Rietkuil 491js, Middelburg. Phone 013 297 7... send Email... Think Local

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South African Coal - XMP Consulting

The coal zone in this Coalfield is approximately 40m thick and consists of three coal units: • The lower coal unit can be separated into at most three benches by sandstone partings. The unit has an average thickness of 3m; • The middle coal unit consists of the No. 2A and 2B Seams and their associate rock layers (resulting in successions

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Eskom to allow lower quality coal from Gupta-owned Tegeta

The documents also reveal that the price Eskom pays Optimum for coal will increase from January 1. They said that "Eskom offered Optimum a rebased price of R .

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METALLURGICAL COAL, COKE AND CONSULTING

• Coal selection and blend modeling for optimum coke quality and safe battery operation • Coal supplier evaluation for production, quality, shipping, and quality control capabilities • Technical support on a continuing basis • On-site training seminars on coal mining, preparation, sampling, coal and coke analysis, coal blending and

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How Gupta associate Singh rushed in with a guarantee

Jul 30, 2017 · Embattled Eskom chief financial officer Anoj Singh misrepresented the decision by the power utility's board to secure a R1.68-billion guarantee for the Gupta family to buy Optimum Coal .

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