The Guptas have been helped to buy the Optimum mine through a pre-payment of R659m by Eskom, said Glencore’s former head Clinton Ephron. Eskom’s fingers were further in the negotiations by fining Optimum Coal with R2.1bn for so-called low-grade coal supply. This forced Optimum Coal to go into business rescue. The rumours are that Eskom..
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Former Mineral Resources Minister was dismissed by the ANC regime so that Gupta candidate could fill the post to make corruption and state capture possible at Eskom
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Guptas at it again – workers unpaid but lavish R100m double wedding planned – most likely funded by the ANC-regime?
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The Emirates Palace hotel in Abu Dhabi where the Gupta family are reportedly hosting a lavish double wedding in February 2019. The Guptas are reported to be hosting a lavish double wedding at a palatial hotel in Abu Dhabi. The AmaBhungane Centre for Investigative Journalism published a nine-page wedding invitation on Friday and said the..
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Was Marikana Mining Massacre to protect Lonmin Platinum? Was dispute between 9% owner, Cyril Ramaphosa and workers & not between 2 unions as portrayed by mainstream media, to protect an Oligarch.
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Please be mindful that the Marikana Massacre occurred at the time when Cyril Ramaphosa was Deputy President of South Africa. Lawyers investigating the 2012 Marikana massacre said at the time that Cyril Ramaphosa, South Africa’s deputy president, could face charges at the International Criminal Court following the killings of 34 miners. The lawyers wanted murder..
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Tons of gold illegally mined from land smuggled out of South-Africa during state capture in the period of the Zuma-administration
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Tons of gold mined illegally was smuggled out of South- Africa during the state capture. In the course of 2012 to 2015, more than 34 metric tons of gold went to Dubai in the United Arab Emirates, which did not reflect in the SA trade account. The information was announced by the Global Initiative Against..
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Shocking news, Eskom’s big coal whopper and they would like to point the finger to you the consumer for using too much electricity
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There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday.
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City of Joburg Mayor: FNB Stadium will go down in ruins if illegal mining continues
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City of Joburg Mayor Herman Mashaba has warned that if the illegal mining threat in Johannesburg is not taken seriously, there will be deadly consequences. Mashaba made the statement in response to the Department of Mineral Resources stating there was “no immediate threat to critical infrastructure as has been claimed”. The claims follow a report..
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Anglo American enters into a land-grab issue to make a positive contribution, after mining tycoons have plundered SA since 1902 and made bags of money – Who are they trying to bluff?
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Anglo American (AA) has also entered land grab issue with the heading that they want to make a positive contribution to the matter. In addition to the country’s attempts at so-called land reform, AA wants to address the twisted racial patterns of the past. This is how Mark Citifani, Anglo Amerian’s Chief Executive Officer, goes..
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Another deceit from the ANC regime! – Gold Field Mine announced that it is necessary to lay down 1,100 workers, just a few days after the ruling government has assured no retrenchments will be made
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The National Union for Miners (NUM) has called on the Minister of Mineral Resources, Gwede Mantashe, to protect jobs at the Gold Field Mine. It follows after the mine announced that it was forced to lay down 1,100 workers and added that the number of contractors was reduced to 420. The announcement of Gold Field..
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ANC Regime and Big Business Ignore Major Environmental Concerns Raised for Ocean Exploration and Drilling off the East Coast of SA
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In a letter to the Environmental Impact Assessment (EIA) for Ocean Exploration and Drilling off the East Coast of South Africa, proposed by the Italian Petroleum Company ENI, SAFFR has raised some serious Environmental Concerns which seem to be ignored. The concerns which were sent to various interested parties including, SASOL, Italian Minister for the Environment, SA..
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Ramaphosa has signed a deal with the Chinese to build a planned new Chinese-controlled industrial park and not a coal power station, most likely on stolen property
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The power station will only serve a planned new Chinese-controlled industrial park, which will contain at least 7 metallurgical processing plants. A top energy expert says there is no rational reason to build the coal power station. There has been some confusion in the energy industry this past week after the announcement that a new..
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No wonder China’s Xi Jinping are supporting land reform since they will benefit from the stolen land in terms of coal mining
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Chinese President Xi Jinping has given South Africa’s land reform policy the thumbs up. This has been revealed by President Cyril Ramaphosa, who is on a state visit in Beijing. Ramaphosa was hosted by Jinping at the State House on Sunday and will on Monday co-chair a Forum on China-Africa Cooperation. Following Donald Trump’s tweet..
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“75% of South Africa’s Gold Mines Are Unprofitable” – ANC Regime’s Destruction of SA Continues Unabated!
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South Africa under the racist ANC regime has gone from bad to worse and now even South Africa’s 140-year-old gold industry – which was once the world’s largest, when part of Apartheid South Africa – is now facing a major crisis. The country’s mineral council says 75 percent of gold mines are unprofitable or barely making money.
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Eskom coal supply dwindles – Dark days await SA
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While the Hawks hunt for Optimum coal mine owner Ajay Gupta, Eskom is looking for a way to keep the mine’s doors open as coal stocks fall.
If it doesn’t, Eskom could be lights out by Friday, according to an energy analyst.
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Another VAT payout from SARS to Guptas worth R89-million
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The South African Revenue Service has for the second time allowed a multi-million-rand VAT repayment claimed by a Gupta-owned business to be paid to a third party, court documents show.
Times Select has learned that, on April 11, SARS made a payment of R89-million, meant for Optimum Coal Mine, to a third party, a company named In House Wages.
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The story is not just Xolobeni: What the Australian mining company did in the Western Cape
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The Australian mining company seeking the right to mine in Xolobeni in the Eastern Cape, has been lashed for its treatment of a community in the Western Cape where it has been accused of breaching its legal obligations.
In the small community of the Matzikama Local Municipality, along the West Coast and some 300km away from Cape Town, resentment still lingers against the Australian company, Mineral Commodities Resources (MCR).
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