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March 2, 2006
BEE deal sparks go-ahead for R2,3bn coal mine
A new black-controlled coal company is to build a R2,3-billion coal operation in Mpumalanga that will include the construction of a 12-million-ton-a-year opencast mine...
Mining Weekly Online can today report. The soon-to-be-constructed Goedgevonden coal-mine, which is at the heart of a new coal company created today by Patrice Motsepe's African Rainbow Minerals (Arm) and the London-listed Xstrata plc, will be built, managed and mined by Xstrata Coal South Africa.
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Posted by bernievn at March 2, 2006 2:11 PM