China South Africa’s largest coal market in February – Goldman Sachs
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JOHANNESBURG (miningweekly.com) – China was South Africa’s largest coal market in February, taking over from India, which has traditionally been South Africa’s largest coal export market.
Normally, China does not import coal from South Africa, but 2021 has seen a shift,
Khulekani Magubane, Fin24 Share
The National Union of Mineworkers will march to the Union Buildings on Wednesday, asking government to take on the Optimum colliery and establish a state-owned mining company to protect the jobs of mineworkers left stranded by Tegeta’s fall into business rescue.
The union said in a statement on the march that mineworkers at Optimum and Koornfontein Colliery Mines in Mpumalanga had not received their salaries in three months.
The NUM also claims that the business rescue practitioners tasked with assisting Tegeta have tried to get kickbacks in the process of rescuing the company, adding that they did not follow due process .