Seriti Resources

The Minerals Council South Africa believes that the COVID-19 testing initiatives undertaken by its member companies was an important tool used by the mining industry, firstly, to better understand the progress of the virus, and secondly, to better manage the spread of the virus.

Minerals Council South Africa and its members place a great deal of emphasis on education and communication both for employees and communities.

DMRE minister Gwede Mantashe conducted unannounced mine visits at three colliers in Mpumalanga to assess compliance by mining companies to the nationwide lockdown regulations.

Black-owned and controlled coal mining company Seriti Resources has concluded an acquisition agreement with South32 to acquire South 32’s 91.835% shareholding in South Africa Energy Coal.

In 2018, South Africa’s mining sector received over US $3.2 billion in investments which resulted in the creation of about 5000 jobs.

91% black-owned and controlled coal mining company Seriti Resources has entered into exclusive negotiations for the sale and acquisition of South32’s South Africa Energy Coal (SAEC) business following a comprehensive and competitive bid process.

Anglo American has completed the sale, by its 73%-held subsidiary Anglo American Inyosi Coal, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa.