2022.10.28 In August 2015, Glencore placed Optimum Coal’s mining operations into bankruptcy proceedings; the operations were sold in December to Tegeta Exploration
Bavarder sur InternetOverview. Doing Business As: OPTIMUM COAL HOLDINGS. Company Description: Industry: Support Activities for Mining , Nonmetallic Mineral Mining and Quarrying ,
Bavarder sur Internet2018.12.12 Project Halo will buy Optimum Coal Mine (Pty) Ltd., for a maximum of 2.8 billion rand, Koornfontein Mines (Pty) Ltd. for 200 million rand and Optimum Coal Terminal (Pty) Ltd. for 50 million rand ...
Bavarder sur Internet2019.9.17 An investigation has been launched into the circumstances around a Sept. 15 fire that engulfed parts of Optimum coal mine in Mpumalanga, South Africa, days
Bavarder sur Internet2022.3.23 The high court in Pretoria on Wednesday said the National Director of Public Prosecutions (NDPP) had established, at first glance, a case that there are
Bavarder sur Internet2021.12.9 Five years after the former public protector Thuli Madonsela released her State of Capture report detailing how Tegeta Resources, a company owned and
Bavarder sur Internet2021.2.5 Optimum Coal Mine was acquired by Tegeta Exploration Resources (Pty) Ltd through a sale transaction with Glencore in 2016 and a Section 11 consent was
Bavarder sur Internet2022.12.7 The six contractors, including Liberty Coal, will now no longer be able to mine and use the OCT to transport coal to the RBCT. OCM GM Howard Pyoos told
Bavarder sur Internet2018.2.23 Future of Mining Australia. date: 28/03/2022 ... It must feel like déjà vu for embattled South African miner Optimum Coal, which has been put into business rescue proceedings for a second time.
Bavarder sur Internet2019.5.23 Optimum Coal Mine (Pty) Ltd, Optimum Coal Terminal (Pty) Ltd and Koornfontein Mines (Pty) Ltd are owned by entities linked to the controversial Gupta family.
Bavarder sur Internet2022.6.10 BUSINESS. Daniel McGowan, the man who was on the cusp of buying the Gupta-owned Optimum Coal Mine, has offered to buy other creditors out pending the mine’s legal battle with the National Prosecuting Authority (NPA). In a PR statement, McGowan said he was open to making offers directly to the creditors of Optimum Coal.
Bavarder sur Internet2023.3.3 Click here to read the full judgment on Saflii [1] The applicant in this matter, the National Union of Mineworkers (NUM) launched an urgent application to intervene in the main dispute between Optimum Coal Mine (OCM), Optimum Coal Terminal (OCT) and Richards Bay Coal Terminal (RBCT) and in which it sought interim relief pending the
Bavarder sur Internet2024.1.10 (a) all shares held in Optimum Coal Mine (Pty) Ltd (OCM); 1 The high court delivered a consolidated judgment in respect of two preservation applications by the NDPP under case numbers 62604/2021 and 62601/2021.
Bavarder sur Internet2022.12.8 An interesting application exists in Collie, Western Australia. There, Premier Coal uses treated mine water to breed crayfish (Cherax tenuimanus, McCullough et al. 2009, 2020, McCullough and Lund 2011), which under natural conditions may only be caught by Aboriginal people and under strict legal conditions (Fig. 7.3). Hopefully, the
Bavarder sur Internet2021.2.5 Resources (Pty) Ltd through a sale transaction with Glencore in 2016 and a Section 11 consent was approved authorizing Glencore to transfer Optimum to Tegeta in April 2016. 4 ... • Optimum Coal Mine had an SLP which was approved as part of the Mining Right issued from 05 June 2008 to 04 June 2028.
Bavarder sur Internet2016.4.12 [6] These firms are directly controlled by Optimum Coal Holdings (Pty) Ltd ("Optimum Coal Holdings") and will hereinafter be referred to as the Target Group. Proposed transaction and rationale [7] The proposed transaction involves Tegeta acquiring the shares and claims on loan account held by Optimum Coal Holdings in the seven target firms. [1]
Bavarder sur Internet2021.12.9 The Templar claim is valued at approximately R1.3 billion. ALSO READ: Former Gupta-linked Optimum Coal Mine goes up in flames. The ID argues that the funds underlying the Templar claims are funds ...
Bavarder sur Internet2021.12.9 Optimum Coal Mine was purchased by Gupta-owned Tegeta Resources in 2016 for R2.1bn, and subsequent investigations revealed the money came from CVL, which was owned by Garg and Templar Capital ...
Bavarder sur Internet2021.6.29 The Supreme Court of Appeal (SCA) in the recent case of Oakbay Investments (Pty) Ltd v Tegeta Exploration and Resources (Pty) Ltd and Others (1274/2019) [2021] ZASCA 59 (21 May 2021), considered the scope of this section when determining the outcome of the Oakbay Group’s application for leave to appeal, which was ultimately
Bavarder sur Internet2019.5.23 Optimum Coal Mine (Pty) Ltd, Optimum Coal Terminal (Pty) Ltd and Koornfontein Mines (Pty) Ltd are owned by entities linked to the controversial Gupta family. For this reason, all interested parties will be required to provide an affidavit disclosing any past dealings with the Oakbay Group of companies and / or their directors or
Bavarder sur Internet2023.11.22 Contact Data CONTACT: ResearchAndMarkets Laura Wood,Senior Press Manager press@researchandmarkets For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For ...
Bavarder sur Internet2023.9.21 Mine (Pty) Ltd (“Optimum Coal Mine”) owns the Optimum Colliery, a thermal coal mining complex located near Middelburg, Mpumalanga. Coal is supplied from this colliery to the export market through the Richards Bay Coal Terminal (“RBCT”) to various domestic customers as well as to Eskom’s Hendrina power
Bavarder sur Internet2022.3.23 The Pretoria High Court has frozen the assets of the Optimum Coal Mine. They were on the verge of being sold by the business rescue practitioners to Liberty Coal, a company controlled by former ...
Bavarder sur Internet2021.5.21 2.31 At present it seems they are intent on compromising Tegeta’s claim in Optimum Coal Mine for the sole purpose of extinguishing all creditors' claims in Tegeta, to the extreme detriment of the shareholders and other creditors.
Bavarder sur InternetOptimal Mining Solutions is a leading coal mining company based in The Gap, Queensland. Contact us for cost effective and efficient mine planning consulting. Speak to us on +61 7 3511 1786. ... Optimal Mining Solutions Pty Ltd is a niche, innovative mine planning and advisory consultancy based in Brisbane, Australia. We help our clients ...
Bavarder sur Internet2014.11.19 Optimum Coal Mine (Pty) Ltd v National Union of Mineworkers (J2625/2014) [2014] ZALCJHB 454 (19 November 2014) Download original files. PDF format. RTF format. REPUBLIC OF SOUTH AFRICA. ... The applicant contends that Koornfontein Mines (Pty) Ltd is a separate colliery. It is common cause that Koornfontein
Bavarder sur Internet2019.5.10 As with Optimum Coal Mine the life expectancy of Koornfontein Coal Mine is also beyond 2030. For all more information, contact John Taylor of GoIndustry DoveBid directly on 082 416-3883, john ...
Bavarder sur InternetDublin, Nov. 22, 2023 (GLOBE NEWSWIRE) -- The . South Africa Coal Mining Industry Report 2023 with Company profiles of Leading Coal and Lignite Mining Companies and Coal Testing Laboratories
Bavarder sur Internet2023.4.14 The Johannesburg high court set down the matter for February 5 to March 8 2024. Former deputy director-general in the department of mineral resources energy and energy, Joel Raphela, former ...
Bavarder sur Internet2019.9.26 “The B-BBEE certificates for Tegeta Exploration and Resources (Pty) and Ltd Optimum Coal Mine (Pty) Ltd were issued by BEE Matrix (Pty) Ltd,” said the Commission. The Commission -- which is an entity of the Department of Trade and Industry -- issued its final findings to the parties to the complaint on 12 July 2019 and has noted
Bavarder sur Internet2023.11.22 COMPANY PROFILES - Mining of Coal and Lignite. ARM Coal (Pty) Ltd. Canyon Coal (Pty) Ltd. Exxaro Resources Ltd. Glencore PLC. Kangra Coal (Pty) Ltd. MC Mining Ltd. Optimum Coal Mine (Pty) Ltd ...
Bavarder sur Internet2019.8.12 Its main client was Optimum Coal Mine (Pty) Ltd ("OCM"). A mining contract with OCM was West Dawn's only stated source of income. During February 2018, OCM was placed under business rescue. lt no longer produces any coal and is in the process of being sold. On 14 November 2018, OCM's business rescue practitioners
Bavarder sur Internet2024.1.11 2 2 KGASHANE CHRISTOPHER MONYELA Fourth Respondent In re: TEGETA EXPLORATION AND RESOURCES First Applicant (PTY) LTD KOORNFONTEIN MINES (PTY) LTD Second Applicant OPTIMUM COAL MINE (PTY) LTD Third Applicant OPTIMUM COAL TERMINAL (PTY) LTD Fourth Applicant RONICA RAGAVAN Fifth
Bavarder sur Internet2018.12.12 Project Halo will buy Optimum Coal Mine (Pty) Ltd., for a maximum of 2.8 billion rand, Koornfontein Mines (Pty) Ltd. for 200 million rand and Optimum Coal Terminal (Pty) Ltd. for 50 million rand ...
Bavarder sur Internetstation. In addition, Optimum wholly owns Optimum Coal Terminal (Pty) Ltd (“Optimum Coal Terminal”) which in turn owns 8.68% of the issued share capital of Richards Bay Coal Terminal Company Limited (“RBCT Company”). There is an agreement between Optimum Coal Terminal and Optimum Coal Mine in terms whereof Optimum Coal Mine is entitled ...
Bavarder sur Internet2023.3.31 Ragavan and Others v Optimum Coal Terminal (Pty) Ltd and Others (136/2022) [2023] ZASCA 34; 2023 (4) SA 78 (SCA) (31 March 2023) Download original files. PDF format. RTF format. Links to summary. PDF format. RTF format . THE SUPREME COURT OF APPEAL OF SOUTH AFRICA. JUDGMENT . Reportable.
Bavarder sur Internet2023.11.22 Contact Data CONTACT: ResearchAndMarkets Laura Wood,Senior Press Manager press@researchandmarkets For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For ...
Bavarder sur Internet2022.1.18 Ragavan and Others v Optimum Coal Terminal (Pty) Ltd and Others (52832/2021) [2022] ZAGPJHC 22; 2022 (3) SA 512 (GJ) (18 January 2022) Download original files. PDF format. RTF format. IN THE HIGH COURT OF SOUTH AFRICA. ... Optimum Coal Mine (OCM) and Koornfontein all in business rescue. OCT has as its sole
Bavarder sur Internet2023.11.21 station. In addition, Optimum wholly owns Optimum Coal Terminal (Pty) Ltd (“Optimum Coal Terminal”) which in turn owns 8.68% of the issued share capital of Richards Bay Coal Terminal Company Limited (“RBCT Company”). There is an agreement between Optimum Coal Terminal and Optimum Coal Mine in terms whereof Optimum
Bavarder sur Internet2023.3.1 According to the assessment, OCM enables coal mining activities by five mini-pit mining contractors from sites, producing approximately 910 000 tonnes per month. In contrast, according to RBCT’s records, prior to 31 January 2023, approximately only 300 000 tonnes of coal per month were exported through its facility, utilising OCT’s entitlement.
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