Coal suppliers need to deal fairly with Eskom by seeking reasonable returns and not excessive profits says Menar MD, Vuslat Bayoglu.
Kangra Coal made history on Thursday when it hosted a celebration to announce plans to allocate free-carry shares to workers and local communities for the first time since the mine was established in 1957.
Vuslat Bayoglu’s Menar Holdings company Sitatunga Resources has entered the manganese sector having purchased a mining project in the Northern Cape for an undisclosed sum.
Mining investment company Menar plans to build on its successful turnaround of Zululand Anthracite Colliery when it participates in the development of another anthracite mine.
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