Hendrina Power Station

Oakbay’s Tegeta to acquire Glencore Optimum companies for R2.15 billion

The joint business rescue practitioners (BRP) of Optimum Coal Holdings, Piers Marsden and Peter van den Steen on Friday concluded a conditional transaction with Tegeta Exploration and Resources, which sees...

Optimum coal mine resumes coal supply to Hendrina power station

Eskom and the business rescue practitioners for Optimum coal mine have agreed to commence negotiations regarding the coal supply agreement between the two companies. The...

Glencore optimistic that Optimum Coal can be rescued

The directors of Optimum Coal are of the view that if the Eskom supply agreement can be renegotiated, there is a reasonable prospect of...

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