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Resources Watch

Resources Watch

14th July 2016

  

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Molefe in forceful defence of Gupta-linked coal deal
Construction of tailings storage facilities at Tharisa platinum mine to be completed in six months
And, Eskom insists R1 600/t is the ‘total cost’ of Anglo coal to Tutuka

Eskom CEO Brian Molefe went on the offensive against critics of the State-owned utility’s recent coal contract with the Gupta-family-linked Tegeta Exploration and Resources, likening the role of the banks and the media in the “hullabaloo” to that of a “kangaroo court”.
Eskom CEO Brian Molefe:
 

Mine development and construction company Fraser Alexander has concluded a contract for PGM miner Tharisa Minerals to install and commission a tailings storage facility at its Tharisa mine.
Fraser Alexander CEO Velile Nhlapo:
 

Eskom moved to clarify its statement that Anglo American’s New Denmark colliery had supplied coal to the Tutuka power station between April 2015 and May 2016 at R1 600/t.
Eskom group executive for generation Matshela Koko:
 


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Edited by Creamer Media Reporter

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