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Glencore Xstrata outlines integration initiatives

By: Natalie Greve The newly formed Glencore Xstrata has confirmed that integration initiatives are under way, with clear leadership and reporting lines already in place and an industrial asset portfolio review currently in progress. The combination of commodities trader Glencore and producer Xstrata created a... 

Keaton Energy appoints new CEO

JSE-listed coal miner Keaton Energy appointed Rowan Karstel as its CEO to succeed Paul Miller with effect from July 1. Kastel is the former chief project officer of South Africa's sixth-largest thermal coal miner, Optimum Coal Holdings. He was responsible for the development and execution of... 

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 development thus breaking psychological barriers... 

Optimum Coal launches R600m water treatment plant

By: Megan Wait With predictions indicating that South Africa will experience significant water shortages in the next 15 years, a number of companies are working to improve the management of their water resources. 

Mike Teke

By: Martin Creamer Position: CEO, Optimum Coal Holdings (OCH) Main activity of the company: Coal Mining and Exploration Date and place of birth: 15 August 1964, Springs (KwaThema) 

Optimum Coal launches up to $500m IPO

By: Reuters Optimum Coal, South Africa's sixth-largest thermal coal miner, seeks to raise $300-million to $500-million via an initial public offering on the Johannesburg Stock Exchange in March, people familiar with the matter said. Optimum Coal Holdings and its shareholders are offering about 30% of... 

New leader at the helm of BHP Billiton in SA

By: Martin Creamer New BHP Billiton South Africa chairperson Dr Xolani Mkhwanazi has headed the local operations of the world’s largest diversified mining major since October 15, having taken over from Dr Vincent Maphai. Mkhwanazi, a former South African National Electricity Regulator, formerly headed BHP Billiton... 

Water reclamation plant reaches 99% recovery

By: Jacqueline Holman Consulting and contracting company Keyplan has achieved 99% treated water recovery at the eMalahleni water reclamation plant, which it designed, built and currently operates on behalf of diverse mining company Anglo American's coal subsidiary Anglo Coal and BHP Billiton. 

Company Announcement: BHP Billiton Announces Sale of Optimum Colliery

Attached please find a press release on: BHP Billiton today announced that it has reached agreement to sell Optimum Colliery (a thermal coal mine within BHP Billiton’s South African portfolio), together with 6.5Mtpa of Richards Bay Coal Terminal entitlement to an entity controlled by a... 

Company Announcement: Mining Group Takes Significant Business Step With Purchase Of Optimum Colliery

Attached please find a press release on: Black-owned coal mining and exploration group Optimum Coal Holdings has successfully concluded an agreement with BHP Billiton Energy Coal SA (BECSA) to acquire Optimum Colliery and associated assets from BECSA, signalling the first and most significant... 

Optimum Coal plans listing as it concludes agreement to buy BHP's colliery 

By: Christy van der Merwe Black-owned coal mining and exploration group Optimum Coal Holdings said on Wednesday that it had concluded an agreement to acquire the Optimum Colliery and associated assets from BHP Billiton Energy Coal SA (Becsa). The only outstanding conditions to be met included obtaining Optimum's... 

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