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Tegeta offer for Optimum Coal considered only credible bid

Optimum Coal Holdings business rescue practitioners (BRP) have issued a statement confirming that Endulwini Mining did make a R1.5 billion purchase offer for Optimum mine last year but only Tegeta’s offer was considered credible. The...

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 business rescue practitioners have agreed that Optimum coal mine will...

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