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Optimum Coal

Eskom’s coal supply threatened by foiled Optimum deal, Zondo inquiry hears

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​The decision taken by then Eskom CEO Brian Molefe to give Optimum coal mine the cold shoulder jeopardised the coal supply to the Hendrina station
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Zondo commission: Eskom ‘fooled the system’ to pay the Guptas

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Eskom was effectively 'fooling the system' when it made a multimillion-rand prepayment to the Guptas for coal from the ailing Optimum coal mine
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Eskom’s Gupta ties continue to be probed at Zondo inquiry

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Snehal Nagar and Gert Opperman from Eskom’s primary energy division will testify at the Zondo commission of inquiry into state capture on Tuesday
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Guptas’ Eskom shenanigans exposed at Zondo inquiry

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"Eskom allegedly gave Tegeta preferential treatment even though the coal it supplied from its Brakfontein mine did not pass quality checks."
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Molefe blamed for Eskom’s coal supply woes

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During his testimony before the commission, Glencore executive Clinton Ephron detailed the events that led to Optimum going into business rescue
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Zondo commission to hear how the Guptas nabbed their Optimum coal mine

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Former Glencore CEO Clinton Ephron will take the stand on Wednesday and is set to outline how the company was pressured into selling the Optimum mine
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Zwane’s role in alleged Eskom corruption ‘cannot be ignored’

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The former minister’s role in Gupta-owned Tegeta’s acquisition of the Optimum Coal Mine is to be closely probed by Zondo commission
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Banks called out over Gupta heists

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A new report focuses on the role of financial institutions in the illicit movement of of money
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Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel

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Earlier this year, Shiva Uranium was one of eight Gupta-owned companies that underwent business rescue processes
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Treasury confirmation — Eskom looting was an inside job

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The revelations are contained in a near 500 page draft forensic report by national treasury into the capture of Eskom and Transnet
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Lily Mine gets a second wind

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​The Portfolio Committee on Mineral Resources has said it welcomes a report recommending the reopening of the mine
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Tegeta’s mines ‘riddled with non-compliance’

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The mines are largely viable as mining operations, but optimal function requires the 'right management', members of parliament heard on Wednesday
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​The decision taken by then Eskom CEO Brian Molefe to give Optimum coal mine the cold shoulder jeopardised the coal supply to the Hendrina station

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