Arnot coal mine

Dan hou die ANC regering voor dat blankes alle grond en myne besit, wat natuurlik nie die waarheid is nie, mynregte was nog nooit deur lede van die publiek besit nie, maar deur die regerings.   Geen wonder die “elites” is so ryk nie.  Exxaro is al lankal in bedryf en behoort slegs aan swartes – 100% B-BBEE.   Hierdie is ‘n groot rassistiese en diskriminerende besigheid teenoor blanke minderheid.   En so word Eskom verder gemanipuleer waar om steenkool te verkry, lees op oor al die “kontrakte”.   Die regering hou ook vol dat blankes ‘n groot persentasie grond besit, wat die teendeel bewys lewer, herdie is maar een myngroep maar meeste het verskillende myne landwyd.   Myne en veral ongerehabiliteeerde myne, veral steenkool,  beloop miljoene hektaar grond en is nie in besit van blankes nie.

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Then the ANC Government maintains that whites own all land and mines, which of course is not the truth, mining rights have never been owned by members of the public, but by governments. No wonder the “elites” are so rich. Exxaro has been in operation for a long time and belongs only to blacks – B-BBEE.
This is a big racist and discriminatory business against white minority people. And Eskom will be further manipulated where to get coal, refer to all the B-BBEE contracts.   The government also maintains that whites own a large percentage of land, which also proves here is not the truth.     This is only one mining group but most have different mines nationwide. Mines and especially unrehabilitated mines, especially coal, are open pit and amount to millions of hectares of land and are not owned by whites.

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For the first time in the history of South Africa, former mine employees have become owners of a mine they used to work at.   Exxaro Resources, one of the largest black-owned mining companies in the country, has decided to hand over full ownership of Arnot coal mine, situated between Middelburg and Carolina in Mpumalanga, to its former employees and nearby communities.

The company acquired Arnot from Eyesizwe Coal following its creation in 2006. Arnot had a 40-year coal-supply agreement with Eskom for the nearby Arnot Power Station. The agreement lapsed on December 31 2015, leading to the closure of the mine and retrenchment of employees.

A 2016 prefeasibility study on the commercial viability of Arnot, however, found that there were still several areas that could be mined. No reserves have been declared because there is no supply agreement in place.

Image result for Arnot OpCo

Joint Announcement On Arnot Mine

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Exxaro Resources this month officially launched Arnot OpCo, the consortium through which the Arnot coal mine in Middelburg, Mpumalanga, will be owned and managed by the mine’s former employees. Tasneem Bulbulia tells us more.

https://www.youtube.com/watch?v=Y9-zkQhcfPY

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The mine’s mineral area is 15 021.21 hectares. Before its closure, the mine’s annual production in 2014 and 2015 was 1.44 million tons and 1.40 million tons, respectively. Arnot has a mining right that will lapse on December 6 2039.

Exxaro spokesperson Tsabeng Nthite said the mine had been transferred to Arnot OpCo, an entity owned by the former employees, communities and Wescoal Holdings.

“This is a ground-breaking and transaction in South African mining history,” said Nthite.

“The transaction embodies the spirit of empowerment and demonstrates Exxaro’s commitment to responsible corporate citizenship.”

She could not, however, say how many employees would benefit, nor could she provide the financial value of the mine.

Mineral Resources and Energy Minister Gwede Mantashe granted the cession of the mining rights of Arnot to Arnot OpCo about eight months ago.

Nthite said Exxaro transferred the mining rights, as well as movable and immovable assets, at no cost to Arnot OpCo.    The former employees have been given 50% ownership through Innovators Resources, a trust and private entity.    Innovators Resources partnered with Wescoal, which has vast experience in coal mining and is a supplier to domestic and export markets. Wescoal holds a 50% stake through Arnot HoldCo, which has shareholding in Arnot OpCo.

“It is anticipated that production will mostly be supplied to Eskom.

“Arnot mine can potentially deliver coal to the Arnot Power Station by conveyer belt, resulting in a cost-competitive advantage,” Nthite said.

Attempts to reach Arnot OpCo CEO Bontle Aphane were unsuccessful.

In the far eastern part of Mpumalanga, communities near Nkomati Anthracite Mine were given a 16.1% stake in the coal mine in 2018.

The mine is owned by Sentula Mining and the Mpumalanga Economic Growth Agency, a parastatal under the provincial department of finance, economic development and tourism. The deal came about after Sentula Mining secured a R151 million loan from the Industrial Development Corporation to expand its operations.

The agreement quelled tensions between the owners of the mine and the surrounding communities of KwaLugedlane, Matsamo and Mawewe near Komatipoort. Over the years, the communities have accused the mine’s management of overlooking locals when employing staff, degrading their farming land and blasting too close to their houses, causing the walls to crack.    Nkomati Anthracite Mine has been in operation since 2009.

https://city-press.news24.com/Business/workers-own-the-mine-20200228

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Four mines and four processing plants –
Image result for Arnot OpCo

Group Structure

ONLY BLACK

B-BBEE

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2018 – Coal miner Wescoal holdings limited has announced it has received the government’s approval to own 50% of Arnot coal mine.   Arnot was closed down by Exxaro Resources in 2015 after the company failed in its efforts to negotiate a new coal supply agreement with Eskom.  Wescoal announced it had bought a 50% stake taking over the assets liabilities and the employees in the Mpumalanga operation.

The stake was bought from Exxaro Coal Mpumalanga Proprietary in partnership with a company called Innovators Resources Proprietary Limited.  Mineral resources minister Gwede Mantashe approved the acquisition a week ago Wescoal said.   They were waiting for the minister’s green-light with regards to mining rights for transactions to go ahead. 

Wescoal said Mantashe’s approval came last Friday (26 Apr).

The only one thing left is for Arnot to be transferred to a company called Arnot OpCo. All agreements and rights will now be held by Arnot OpCo.   The partnership between Wescoal and Innovators Resources comes as a way of sort of compensating the hundreds of workers who were affected by the December 2015 shutdown. They got retrenched.

The workers are the shareholders in the company Innovators Resources and a week ago they had Mantashe handing over the shares to them.    “Importantly” Wescoal said “this is a significant broad-based empowerment transaction which will secure employment and provide employees and communities around the mine with equity participation as outlined in the Mining Charter III and we are excited that Wescoal Mining is the enabling partner in the relationship with IR”.   Arnot Mine is near the Arnot power station and coal can be delivered to the power station through a conveyer belt it said.

“[This will] result in a cost competitive advantage with minimum carbon emissions environmental impact.    “In this regard Arnot OpCo has responded on 2 April 2019 to the Eskom Request for Proposal (RFP) to supply coal to the Arnot Power Station.”

Wescoal now owns 50% of Arnot mine

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Witbank is not “White” anymore.   You can not see anything there.    Coal power stations are the biggest culprits in the hotspot area.   Greenpeace says an analysis of sophisticated satellite data shows Mpumalanga as the “worst” nitrogen dioxide (NO2) air pollution hotspot across six continents.    It has been reported before that the Witbank area has the world’s dirtiest air‚ and now this analysis of high-tech satellite data has revealed that the Mpumalanga province is the global number one hotspot for NO2 emissions‚” said Melita Steele of Greenpeace Africa.

Pollution: South African HOTSPOT – Eskom power stations – Witbank

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Everyone has the right to an environment that is not harmful to their health or well-being; and to have the environment protected, for the benefit of present and future generations, through reasonable legislative and other measures that prevent pollution and ecological degradation; promote conservation; and secure ecologically sustainable development and use of natural resources while promoting justifiable economic and social development.

Lugbesoedeling in Suid-Afrika

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Mostly open quarry mines and many never rehabilitated as it should be for reuse for further development or food production. Almost all of those mines were previously productive farms that provided food. Nobody can eat coal or use coal mines to produce food. These areas amount to millions of hectares of land that does not belong to whites.

Meestal oop groef myne en heelwat nooit gerehabiliteer soos dit moet wees om weer gebruik te word nie.  Bykans al hierdie myne was voorheen produktiewe plase wat voedsel voorsien het.   NIEMAND KAN STEENKOOL EET OF STEENKOOL MYNHOPE AANWEND OM KOS TE PRODUSEER NIE.   Hierdie gebiede beloop miljoene hektaar grond wat nie aan blankes behoort nie.

Steenkoolvelde – Tans in Suid-Afrika is daar heelwat Steenkoolmaatskappye en kragstasies, waarvan sommiges naby aan die steenkool geleë is .  Dis net verbasend dat Eskom nie “STEENKOOL” het nie, of dalk 3e graadse steenkool aan hul verkoop word.  Daar word heelwat steenkool ook uitgevoer – en die vraag kan tereg gevra word, is dit dan eties reg, moet ons nie eers ook in ons eie aanvraag/aanbod voorsien, omdat ons kragvoorsieners is vir bykans die hele Afrika wat in Suid-Afrika bly?  Daar is reeds ‘n verskeidenheid groot voorsieners van steenkool of dit word uitgevoer.

Steenkool / Coal

 

2 gedagtes oor “Arnot coal mine”

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