Exxaro sells three coal mining operations to BEE group
The transaction is awaiting approval by the Competition Commission and department of mineral resources and energy
09 April 2021 - 10:00
Exxaro, one of SA’s largest black empowered mining companies, has sold three noncore coal mines to a BEE junior miner.
The group said on Friday that it had sold Dorstfontein, Forzando and Tumelo operations — collectively known as Exxaro Coal Central (ECC) — to Overlooked Colliery, a 100% black-owned coal mining company...
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