Trust rolls out programme to stimulate maths learning and teaching at 21 Mpumalanga schools

The Optimum Community Trust unveiled a new programme aimed at stimulating mathematical learning and teaching across 21 schools in the Steve Tshwete local municipality community in Mpumalanga.

Company Announcement: Optimum Coal Funmatics Programme to revolutionise mathematics

The Optimum Community Trust unveils a new and revolutionary programme that seeks to change mental models, challenge mathematics phobias entrenched over a period of time, introduces new ways of stimulating learning and teaching to involve holistic...

Company Announcement: Optimum Coal receives another accolade for socio-economic contribution

JOHANNESBURG – Optimum Coal, South Africa’s sixth largest coal producer and fourth largest coal exporter recently received yet another accolade commending its exceptional contribution to socio-economic development (SED) and transformation in...

Optimum Coal buys prospecting rights near Koornfontein

South Africa’s fourth-largest coal producer, Optimum Coal, has completed the acquisition of the TNC prospecting rights from Umcebo Mining. The R422-million acquisition, which was settled out of existing cash resources, has unlocked the...

Optimum Coal profit slumps as strikes hit output, costs

South Africa’s fourth-largest coal exporter, Optimum Coal is expecting a better second half, after it posted “somewhat disappointing” financial results for the six months to the end of December, CEO Mike Teke said on Thursday. Half-year...

Optimum Coal production performance ‘disappoints’

JSE-listed Optimum Coal’s run-of-mine (ROM) production dropped to 7.441-million tons in the first half of the 2012 financial year, from 8.789-million tons a year earlier. The company on Friday reported a production drop of more than 20% for...

Company Announcement: Optimum Coal Hands Over Community Facilities Worth More Than R7 Million While Bringing Joy To Senior Citizens With A Christmas Celebration

Optimum Coal, South Africa’s sixth largest producer of thermal coal with operations in the Mpumalanga coalfields, today handed over community facilities in excess of R7 million.

CoM elect Optimum Coal’s Teke as second VP

The Chamber of Mines of South Africa on Tuesday announced that Optimum Coal’s CEO Mike Teke had been elected VP at the chamber’s 121st annual general meeting. Teke takes over from Anglo American Platinum CE Neville Nicolau, who did not avail...

Industrial action hits Optimum Coal output

Industrial action impacted on JSE-listed Optimum Coal’s first-quarter production performance, with output declining by 11%. Optimum Coal, which Glencore and local businessperson Cyril Ramaphosa want to buy, produced 3.755-million tons of...

Optimum wants to grow, reports jump in revenues and production

South Africa’s sixth-largest coal producer and fourth-largest coal exporter, Optimum Coal, is determined to get bigger. “We’re acquisitive. We’re looking for assets,” says company CEO Mike Teke. “Recently we announced the acquisition...

Optimum confirms unsolicited acquisition offer

South Africa’s sixth-largest coal producer Optimum Coal confirmed on Friday that it had received “unsolicited and nonbinding” expressions of interest from third parties to acquire a controlling interest in the company. But, the country’s...

Optimum Coal wants to grow, reports jumps in revenues and production

South Africa’s sixth largest coal producer and fourth largest coal exporter, Optimum Coal, is determined to get bigger. “We’re acquisitive. We’re looking for assets,” company CEO Mike Teke told Mining Weekly Online on Thursday. “Last...