LATEST NEWS
The Business Rescue Plan for Arnot Opco Proprietary Limited (In Business Rescue) (“the Company”) has been published in terms of section 150 of the Companies Act, 71 of 2008.
14 July 2023
About
Arnot OpCo
Arnot OpCo is a coal mine in Middelburg, Mpumalanga Province, with reserves amounting to 192 million tonnes of thermal coal, one of the largest coal resources in Africa and the world. The mine is adjacent to the Arnot power station and within a 4-kilometer radius of the Rietkuil siding. Arnot Opco has a ten-year coal-supply agreement with Eskom, the power utility, to supply 180 tonnes per month. The mining operations will create at least 1500 direct jobs in peak production, replacing the jobs lost during the mine closure in 2015.
Our
Company Values
Community
Involvement & Investment
Green Energy
Through sustainable Processes.
Partnerships
Between Individuals
Transformation
On A Business & Personal Scale
The Arnot coal mine broke new ground in the South African mining industry
when 50% of the mine’s ownership was transferred to former employees on Workers’ Day 2019, with the expertise surrounding the colliery now coming from the recognised mining company Salungano Group.
LATEST NEWS
The Business Rescue Plan for Arnot Opco Proprietary Limited (In Business Rescue) (“the Company”) has been published in terms of section 150 of the Companies Act, 71 of 2008.
View the Business Rescue Plan
14 July 2023