Government has agreed that Australian-listed miner Coal of Africa can proceed with the Vele coal mine.
Mapungubwe National Park’s listing as a World Heritage Site hangs in the balance, writes <b>Fiona Macleod</b>.
Accused of failing industry, it is playing a swift game of infrastructure catch-up.
Environmentalists have served an application to mining house Coal of Africa to stop activities at a proposed coalmine near Mapungubwe immediately.
The world’s biggest steel producer, Luxembourg-based ArcelorMittal, will buy a 16% stake in South African coal producer Coal of Africa (CoAL), CoAL said in a statement on Monday. ArcelorMittal will pay £66,7-million for new shares "representing approximately 16% of CoAL’s issued capital", the statement said.