The Competition Commission on Wednesday gave an unconditional green light for the buy-out of diversified miner Exxaro Coal’s Inyanda colliery business, in Mpumalanga, by joint venture partners (JV) Lurco Group and Burgh Group. The JV, Inyanda Mining Holdings, also titled Main Street, will take control of the full assets, including the mining right, a 200 000 t/m washing plant and a private rail siding, for an undisclosed amount.
