Industry leaders debate challenges in South Africa
Publication: Mining Review Africa. Author: Guest Contributor. The mining sector in South Africa finds itself at an inflection point. As a primary sector within an economy that is struggling to grow,…
Long-term contracts are cure for Eskom’s coal cost woes, says South32
Publication: Business Day. Author: Lisa Steyn. A move away for short-term supply contracts will lower costs and ensure quality One of Eskom’s biggest suppliers has called on the state-owned…
SA mines minister throws weight behind Seriti bid for South32 coal mines
Publication: Miningmx. Author: David McKay. SOUTH African mines minister, Gwede Mantashe, said he supported a bid for the coal mines of South32 by the Seriti Resources consortium, describing the…
SA’s national interest played a pivotal role in Seriti winning the rights to SA Energy Coal
Publication: Miningmx. Author: David McKay. AFTER more than 18 months of bidding, Seriti Resources has emerged as South32’s chosen one: the company that has the right to buy control of its 28 million…
Seriti’s bid for South32 coal mines leaves 50 suitors in the dust
Publication: BL PREMIUM. Author: Lisa Steyn. Australian company was inundated with expressions of interest before settling on Seriti Seriti Resources pipped 50 others when it emerged as the exclusive…
Seriti Resources may turn to equipment makers as coal IPOs shunned
Publication: fin24. Author: Paul Burkhardt, Bloomberg. Seriti Resources, which is poised to become South Africa’s second-biggest coal producer, may take funding from equipment suppliers and hold off…
South Africa will rely on coal for decades, key miner says
Publication: Moneyweb. Author: Paul Burkhardt, Bloomberg. Eskom continues to rely on the fuel for power generation. Seriti Resources, poised to become Africa’s second biggest coal producer, is…
South32 to sell South African coal assets to Seriti Resources
Publication: Financial Times. View original article
Eskom could soon get new top coal supplier as South32 picks bidder
Publication: Business Day. Author: BL Premium. Seriti Resources, which has been scooping mining assets over the last two years, could become the biggest coal supplier to power utility Eskom as the…
South32 hand picks contender to acquire coal business
Publication: Mining Reivew Africa. Author: Guest Contributor. 91% black-owned and controlled coal mining company Seriti Resources has entered into exclusive negotiations for the sale and acquisition…
Seriti in pole position for South32’s SA coal assets
Publication: Business Day. Author: Lisa Steyn. Mike Teke’s Seriti Resources has emerged as the exclusive bidder for South32’s SA coal mines, the Australia-listed miner announced on Thursday. South32,…
Seriti welcomes South32 announcement confirming exclusive negotiations in respect of acquisition of SAEC
Johannesburg, 22 August 2019: Seriti Resources welcomes the announcement by South32 Limited that, following a comprehensive and competitive bid process, the companies have entered into exclusive…