Anglo completes R2.3bn sale of Eskom coal

Publication: Fin24. Author: Lameez Omarjee. 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…


SA coal entrant Seriti interested in buying Gupta mine, Optimum

Publication: Miningmx. Author: David McKay. SERITI Resources, the black-owned consortium that today concluded the R2.3bn purchase of thermal coal mines from Anglo American, said it would be…


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

Publication: Engineering News. Author: Terence Creamer. The black-empowerment consortium selected as the preferred bidder for Anglo American’s Eskom-tied coal operations is optimistic that the…