Anglo Coal’s Ndlovu optimistic about prospects, Seriti deal

WHEN July Ndlovu was appointed CEO of Anglo Coal South Africa, a division of the UK-listed group, the expectation was that his elevation to the 45 Main Street hierachy would be a short-lived one.…


Anglo American Plc – Anglo American Completes Sale Of Eskom-tied Thermal Coal Operations In South Africa

Anglo American plc (“Anglo American”) confirms completion of the sale of its Eskom-tied domestic thermal coal operations in South Africa (the “Operations”) to Seriti (the…


Anglo concludes R2.3bn sale of Eskom-tied mines to Seriti

JOHANNESBURG (miningweekly.com) – Anglo American has completed the sale of its Eskom-tied thermal coal operations to broad-based, majority black-owned and -controlled South African mining company…


Anglo American sells some collieries and mines to Seriti Resources

Anglo American concluded the R2.3bn sale of three collieries that supply Eskom with coal as well as four shuttered mines, to Seriti Resources. The transaction announced in 2017 marked the decision by…


Anglo American completes sale of Eskom-tied operations

Anglo American confirms completion of the sale of its Eskom-tied domestic thermal coal operations in South Africa (the Operations) to Seriti (the Transaction). Seriti, the purchaser, is a wholly…


Anglo completes R2.3bn sale of Eskom coal

Cape Town – Anglo American [JSE:AGL] has completed the R2.3bn sale of its South African thermal coal operations to black-owned mining company Seriti Resources. The mining group announced the…


SA coal entrant Seriti interested in buying Gupta mine, Optimum

SERITI Resources, the black-owned consortium that today concluded the R2.3bn purchase of thermal coal mines from Anglo American, said it would be interested in buying Optimum Coal Mine, the Gupta…


Anglo American concludes sale of three coal mines in South Africa

Anglo American (LON:AAL) has completed the sale of three Eskom-tied thermal coal operations in South Africa to Seriti Resources, a group of black-controlled companies for R2.3 billion (about $164…


Seriti announces completion of the acquisition of ESKOM-tied domestic thermal coal mines from Anglo American

Download Media Release (PDF)   Johannesburg, 1 March 2018: Seriti is pleased to announce the completion of the purchase of New Vaal, New Denmark and Kriel mines from Anglo American, as well…


Eskom approval is last remaining hurdle for R2.3bn Seriti Coal deal

The black-empowerment consortium selected as the preferred bidder for Anglo American’s Eskom-tied coal operations is optimistic that the State-owned utility will approve the ceding of three coal…