Unions back Seriti’s purchase of Anglo coal mines

April 11, 2017

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Two labour unions on Tuesday publicly backed the sale by Anglo American of coal assets to Seriti, the new black-owned start-up with aspirations to be South Africa’s next mining champion. Both the National Union of Mineworkers (NUM) and the Solidarity union put out statements welcoming the R2.3-billion deal, which involves the sale of three Eskom-tied domestic thermal coal operations and four closed collieries that have reopening potential.

Category: General