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Howard Pyoos - General Manager - Optimum Coal Mine (Pty .

View Howard Pyoos' profile on LinkedIn, the world's largest professional community. . General Manager at Optimum Coal Mine (Pty) Ltd Witbank Area, South Africa 500+ connections. Join to Connect. . Glencore Coal South Africa, Optimum Complex. Aug 2010 – Jan 2014 3 years 6 months. Middelburg Area, South Africa. Colliery Engineer

Glencore Bets on South Africa as Ramaphosa Promises .

Jun 25, 2018 · considering a bid for Optimum, people familiar with the matter told Bloomberg in March. The business is coveted in part because it would allow Glencore to .

Gupta's Oakbay sells Optimum Coal export rights for R3.6bn .

Sep 05, 2016 · The immediate question is why the business rescue practitioners did not sell off the quota themselves as part of their mandate to restore Optimum to sustainable profitability. This was after Glencore put the colliery into business rescue proceedings because of the bust-up with Eskom over the price of coal supplied to the Hendrina power station.

South African Coal

pg 3 THE SOUTH AFRICAN COALFIELDS Fig. 1 Coalfield Ranking by ROM production (2009) COAL RESERVES 2009 COALFIELDS RESERVES 2009 (Mt) % HIGHVELD 9 474.6 29.2

Glencore to sell Optimum Coal Mine in South Africa for .

An entrance to the Optimum Kwagga coal mine owned by Glencore is seen near Hendrina in Mpumalanga province Thomson Reuters JOHANNESBURG (Reuters) - Glencore has provisionally agreed to sell its .

Corrie Van der Walt - HSE System Administrator - Glencore .

Glencore Coal - Optimum Coal Mine. Carletonville Highschool. Report this profile; About. I am a hard working loyal person with a high level of commitment towards any request or instruction given to me. I'm punctual and driven by a high-level of integrity. Experience. HSE System Administrator

Glencore to sell Optimum Coal Mine in South Africa for .

Dec 11, 2015 · Glencore has provisionally agreed to sell its troubled South African coal mine for 2.15 billion rand ( 136 million), narrowly avoiding closing the operation and saving hundreds of jobs, the unit's .

Optimum may extend Hendrina coal supply - Miningmx

Oct 30, 2015 · 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. The spokesperson said funding for the offer for the continuation of supply until end-November was "based on a guarantee from Glencore".

Eskom accused of pushing for Glencore . - Financial Times

May 16, 2017 · Glencore placed the Optimum mine into business rescue, an alternative to bankruptcy, in August 2015 after Mr Molefe refused to renegotiate a long-term supply contract on which the colliery .

Glencore's Optimum coal now in hands of S. African's .

Apr 14, 2016 · Oakbay Investments, the firm controlled by the Gupta family and South African President Jacob Zuma's son, completed Thursday the 145 million acquisition of Glencore's (LON:GLEN) Optimum Coal .

Glencore : announces closures at Optimum Coal Mine .

Pestaloz Johannesburg, South Africa 01 July 2015 Glencore announces closures at Optimum Coal Mine opencast operations As announced in. | July 6, 2015

Glencore | Mining News - Part 13

Glencore will start negotiations with unions regarding the closing of part of its Optimum colliery, which will halve production and affect 1,070 employees. The mine will still however supply Eskom's Hendrina power station with 5-million tonnes of.

Glencore | Mining News - Part 13

Glencore will start negotiations with unions regarding the closing of part of its Optimum colliery, which will halve production and affect 1,070 employees. The mine will still however supply Eskom's Hendrina power station with 5-million tonnes of.

Guptas and Zwane 'drove Glencore to sell colliery' at .

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 .

'Glencore must shut down Optimum coal mine'

JOHANNESBURG -Mineral resources minister Ngaoko Ramathlodi says that international mining giant Glencore must shut down its Optimum coal mine due to the way it's retrenching workers.. But the mine .

Why did Glencore surrender its Optimum mine to Guptas?

Johannesburg - A combination of political interference and corporate bullying were the deciding factors in Glencore's surrendering its Optimum Coal Mine to a company owned by the Gupta family, the .

Glencore International AG v Optimum Coal Purchase Rights .

[7] The proposed transaction will allow Glencore to market the coal produced at Optimum Colliery, which it owns. We were informed at the hearing that as the owner of the Optimum, Glencore has a superior ability to understand the technical, geological and other factors affecting the mine's production.

NUM calls on Glencore to sell its Optimum Coal Mine in .

Aug 06, 2015 · The struggle to save jobs in the mining industry is far from over. The NUM in Mpumalanga has called on the management of Glencore to sell its Optimum Coal Mine in Hendrina. This would allow the .

NUM calls on Glencore to sell its Optimum Coal Mine in .

Aug 06, 2015 · The struggle to save jobs in the mining industry is far from over. The NUM in Mpumalanga has called on the management of Glencore to sell its Optimum Coal Mine in Hendrina.

JCI MINING – Opencast Mining Contractors est. 2007

JCI Mining was established in 2007 and was initially involved in the plant hire of earthmoving equipment. The company progressed to doing small sub-contract load and haul projects which eventually culminated in to doing full mining contracts for clients, offering the full range of Opencast Mining services.

Optimum may extend Hendrina coal supply - Miningmx

Oct 30, 2015 · 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. The spokesperson said funding for the offer for the continuation of supply until end-November was "based on a guarantee from Glencore".

Howard Pyoos - General Manager - Optimum Coal Mine (Pty .

View Howard Pyoos' profile on LinkedIn, the world's largest professional community. . General Manager at Optimum Coal Mine (Pty) Ltd Witbank Area, South Africa 500+ connections. Join to Connect. . Glencore Coal South Africa, Optimum Complex. Aug 2010 – Jan 2014 3 years 6 months. Middelburg Area, South Africa. Colliery Engineer

Optimum rescue plan approved, as Guptas quit Tegeta .

In addition, Glencore's decision to place Optimum into business rescue followed a high-profile spat with Eskom, which had insisted that the coal mine continue to honour its R150/t supply agreement to the Hendrina power station until 2018, despite Glencore's argument that the contract was onerous.

Glencore's Optimum coal now in hands of S. African's .

Apr 14, 2016 · Oakbay Investments, the firm controlled by the Gupta family and South African President Jacob Zuma's son, completed Thursday the 145 million acquisition of Glencore's (LON:GLEN) Optimum Coal .

Business rescue may put Optimum back under Glencore .

Cape Town - The prospects of Glencore potentially returning as the owner of Optimum mine opened up suddenly when the mine's business rescue practitioners told Parliament there is a "distinct possibility" that Gupta-owned mining assets could eventually be bought up by other investors.

Izimbiwa Coal – Phembani

In June 2012, Izimbiwa Coal exchanged its 30% equity shareholding in Kangra Coal (Pty) Ltd for additional shares in Izimbiwa Coal. The deal made Shanduka Resources (Pty) Ltd, which is a wholly owned subsidiary of Phembani, a 50.01% shareholder in Izimbiwa Coal with Glencore holding 49.99%.

Mwelase Group of Companies

Soon thereafter Mack joined Optimum Coal Mine as the manager of Internal Audit and Compliance and then Financial Services Manager. Following the acquisition of Shanduka Coal and Optimum Coal by commodities trader, Glencore, Mack was then recruited to become the Group Financial Manager for Shanduka Coal Group of Companies which included both .

Seriti Resources interested in Optimum Coal as it looks to .

Jun 06, 2018 · Optimum has not made clear if its assets are up for sale but Seriti's CEO and shareholder Mike Teke used to own a stake in the company until Glencore bid for it in 2011.

Glencore to lay bare details of Optimum deal with Guptas .

In 2016, the Gupta family's Tegeta Resources bought Optimum Coal Mine from Glencore for R2.15 billion after Eskom extended a questionable R586 million prepayment for coal.

Izimbiwa Coal – Phembani

In June 2012, Izimbiwa Coal exchanged its 30% equity shareholding in Kangra Coal (Pty) Ltd for additional shares in Izimbiwa Coal. The deal made Shanduka Resources (Pty) Ltd, which is a wholly owned subsidiary of Phembani, a 50.01% shareholder in Izimbiwa Coal with Glencore holding 49.99%.

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