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Waheed Sulaiman

Wescoal CEO resigns

Waheed Sulaiman has resigned as CEO of JSE-listed Wescoal with effect from 31 January 2019. The Board noted in response their appreciation of Sulaiman’s commitment and wish him the best in his future endeavours. The Wescoal board is consequently...

Wescoal: The proof of the pudding is in its financials

Wescoal’s balance sheet highlights phenomenal financial growth after CEO, Waheed Sulaiman and CFO Izak van der Walt took the helm of the company in 2015. 

The transformation of Wescoal

Majority black owned, South Africa-focused coal miner Wescoal has redefined the term ‘turnaround’ within the mining industry.
coal Somkhele Tendele Mining

Wescoal mining volumes doubled for consecutive year

It has been another exceptional year for Wescoal Holdings with strong performances across the entire group.

Wescoal’s Elandspruit mine delivers first coal

South African coal miner and distributor Wescoal has supplied first coal to domestic and international markets from its flagship operation Elandspruit. The Elandspruit mine is situated in Mpumulanga, 10 km west of Middelburg, and is processing material at...

Wescoal Mining and NUMSA reach 2015/16 wage agreement

JSE-listed junior coal miner Wescoal Mining has successfully negotiated the annual wage agreement with union National Union of Metalworkers of South Africa (NUMSA), the company announced on Thursday. Wescoal and Numsa have agreed to a...

Wescoal reassures market of move towards 51% BEE compliancy

  Executives of Wescoal  are engaging with shareholders to reassure the market that the process of moving towards a majority black empowerment shareholding has had no detrimental effect on day-to-day business. Acting CEO of the coal...