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Optimum coal mine

NPA heads to court for permission to sell Optimum Coal Mine

By Buhle Mbhele

This comes after it filed a forfeiture application with the Pretoria High Court seeking permission to sell the multi-billion rand Optimum coal mine.

  • Picture: SAPS.

    Former mineral resources official Raphela released on R20,000 bail

    He is expected to be back at the Randburg Magistrate Court on 22 June 2022.

    79 days ago
  • Matshela Koko to Judge Zondo: Your legal team is coaching witnesses

    Former Eskom CEO Matshela Koko accused the state capture commission of coaching travel agency witnesses who said Salim Essa paid for his flights. #MatshelaKoko #ZondoCommission #StateCapture

    451 days ago
  • A screengrab of former Eskom CEO Matshela Koko testifying at the state capture commission on 3 December 2020. Picture: SABC Digital News/YouTube

    Optimum gave Eskom ultimatum to meet its demands, Koko tells Zondo

    Former Eskom CEO Matshela Koko said that Optimum was demanding a price increase and for its R2 billion penalties to be scrapped.

    451 days ago
  • FILE: A screengrab of former Eskom executive Matshela Koko appearing at the state capture inquiry on 1 March 2021. Picture: SABC/YouTube

    Koko: Eskom was willing to hike coal prices to buy from Optimum

    Former Eskom CEO Matshela Koko told the state capture commission on Wednesday that Optimum initially wanted to increase prices to R285 per tonne and the board had already approved a price increase of up to R296 per tonne, higher than what Optimum wanted.

    451 days ago
  • A screengrab of former Eskom CEO Matshela Koko appearing at the state capture inquiry on 29 March 2021. Picture: SABC/YouTube

    Optimum used Ramaphosa's name to threaten Eskom execs, Koko tells Zondo Inquiry

    Former Eskom CEO Matshela Koko was back at the state capture commission on Wednesday where he was testifying about the controversial transaction that led to the Guptas owning Optimum Coal Mine.

    451 days ago
  • A screengrab of former Free State MEC Mosebenzi Zwane appearing at the state capture inquiry on 11 December 2020. Picture: SABC/YouTube

    ‘I had a throat infection’- Zwane defends using Gupta jet for Switzerland trip

    Testifying before the Zondo Commission, Zwane on Tuesday defended his trip to Switzerland in December 2015.

    472 days ago
  • FILE: A screenshot of Mosebenzi Zwane appearing before the state capture commission on 27 April 2021. Picture: SABCNews/Youtube.

    Mosebenzi Zwane tells Zondo Inquiry he had no influence on Optimum Mine sale

    Zwane has on Tuesday told the state capture commission he did not put any pressure on Glencore to sell the mine to the Gupta-linked company.

    473 days ago
  • A screengrab of former Eskom company secretary Suzanne Daniels giving evidence via video link to the state capture inquiry on 16 March 2021. Picture: SABC/YouTube

    Daniels: Koko took special interest in settling penalties imposed on Optimum

    Former Eskom company secretary Suzanne Daniels is testifying remotely at the state capture commission.

    515 days ago
  • Former Eskom CEO Brian Molefe appears at the state capture inquiry on 3 March 2021. Picture: SABC/YouTube.

    Molefe denies being part of Eskom decision to pre-pay Optimum R1.68bn for coal

    Former Eskom CEO Brian Molefe said that he did not know about the letter that was written in his absence or the board decision to make a pre-payment.

    528 days ago
  • FILE: Brian Molefe. Picture: Reinart Toerien/Eyewitness News.

    Molefe: I have no proof of Ramaphosa’s capture of Eskom

    Brian Molefe, who has been speaking on the Tegeta and Glencore, has on Tuesday concluded his testimony at the state capture commission but is expected to return.

    528 days ago
  • A screengrab of former Eskom CEO Brian Molefe appearing at the state capture inquiry on 2 March 2021. Picture: SABC/YouTube

    Molefe defends Eskom decision to buy coal from Tegeta

    Brian Molefe testified at the state capture inquiry about what led to Tegeta taking ownership of the Optimum coal mine (OCM) and that supplied coal to the Hendrina power station.

    529 days ago
  • Brian Molefe: A campaign was started to taint us as Gupta people

    Former Eskom Group chief executive officer (CEO), Brian Molefe, returned to the state capture commission of inquiry on Tuesday to continue his testimony.

    529 days ago
  • Former Eskom CEO Brian Molefe appears at the state capture inquiry on 15 January 2021. Picture: SABC/YouTube

    Molefe to Zondo: 'I hope my Ramaphosa testimony won't be swept under the carpet'

    Former Eskom CEO Brian Molefe is back at the state capture commission to continue his testimony.

    529 days ago
  • A YouTube screengrab of former Eskom secretary Suzanne Daniels at the state capture commission on 7 December 2020.

    Zondo not buying Daniels didn’t have power to advise board on Tegeta prepayment

    She was been testifying before the state capture commission on Friday on a R1.68 billion coal purchase prepayment.

    539 days ago
  • A screenshot of Former Eskom employee Suzanne Daniels. Picture: SABCNews/Youtube

    Daniels says Koko misled Zondo Inquiry over prepayment to Optimum Coal Mine

    Suzanne Daniels said while Matshela Koko instructed her to draft a board resolution to prepay the Optimum Coal Mine R1.68 billion, he didn’t specifically say ‘issue a guarantee’ - yet it was eventually done.

    540 days ago
  • Former Eskom board member Mark Pamensky at the state capture commission of inquiry on Thursday, 11 February 2021. Picture: YouTube screengrab

    Ex-Eskom exec Pamensky: Jewish community kicked me out because of Tegeta saga

    Mark Pamensky has concluded another sitting at the state capture commission where he denied that he advised the Guptas based on privileged Eskom information.

    548 days ago
  • A screengrab of former Eskom board member Venete Klein appearing at the state capture inquiry in Johanneburg on 10 September 2020. Picture: SABC/YouTube

    Eskom board was misled in prepayment of R1.6bn to Optimum, Zondo hears

    Former Eskom board member Venete Klein has told the state capture commission that she reasonably believed that the payment was for the Optimum Coal Mine under Glencore.

    549 days ago
  • Former Eskom board member Pathmanathan Naidoo at the state capture commission on 10 February 2021. Picture: YouTube screengrab.

    Ex-Eskom exec Naidoo: I didn’t know R1.6bn prepayment was going to Tegeta

    He told the state capture commission on Wednesday that he didn’t ask what the board proposal meant by "proposed owners".

    549 days ago
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