News Leader
WATCH: What the South32 deal means for Seriti
Seriti Resources CEO Mike Teke talks to Business Day TV about the deal his company struck with South32
07 November 2019 - 09:43
Seriti Resources has reached a deal with South32 for the miner’s coal assets.
The agreement stipulates that Seriti will provide South32 with an upfront payment of R100m and 49% of the free cash flow from the assets until March 2024. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.