If done responsibly, coal mining can add value to economies – panel

Coal miner Seriti Resources CEO Mike Teke echoes the sentiment, stating that although majors such as South32 have left the South African coal industry, it poses an opportunity for South African investors who have not been exposed to this commodity. Teke points out that, even with the Integrated Resources Plan’s goal of decreasing coal’s share in the energy mix, the country will still be left with some coal-fired power stations in the medium term.