Interim results are being announced on Thursday, 09 February 2012

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Welcome to Optimum Coal PDF Print E-mail

Optimum Coal has the vision to become the country’s benchmark South African owned and controlled coal mining and exploration group. The mission of Optimum Coal is to be a commercially prosperous mining and exploration group, supplying the needs of local and international coal consumers.

Optimum Coal sets a sterling example of real broad-based black economic empowerment. Not only is Optimum Coal majority black owned, but is a highly successful South African coal mining company with operational control also being in black hands. Optimum Coal brought about true broad-based empowerment by the fact that a large portion of the company’s shares are owned by its employees and the local community, with extensive social investment and enterprise development programmes being rolled out on a daily basis.

Optimum Coal successfully provides coal to Eskom, other local companies and to the export market - proof that true broad-based BEE can work and can benefit our nation. Optimum Coal is a true leader in the coal industry.

Optimum Coal Values:

  • Empowerment - Optimum Coal is an organisation built on transparency and a true desire to harness the talent of its people without prejudice 
  • Integrity - Optimum Coal values loyalty and trust while honouring interests and undertakings made to others 
  • Care - Optimum Coal places a high premium on the wellness and safety of its people and the communities it operates in
  • Respect - Optimum Coal values diversity and harness the value of quality relationships 
  • Purpose-driven - Optimum Coal is driven by achievement of clear business and people goals 
  • Simplicity - Optimum Coal embraces an approach of keeping business clean and simple
  • Accountability - Optimum Coal people are accountable for decisions taken and delivery of agreed undertakings
 

SENS Newsflash

In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 71 of 2008, shareholders are advised that Piruto B.V., a wholly-owned subsidiary of Glencore International AG (“Glencore”), purchased 6 635 000 sha...

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In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr PK Gain Company : Optimum Coal Holdings Limited Date of transaction : 5 December 2011 Nature of transaction : On market sale of securities...

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At the third (3rd) annual general meeting of the shareholders of Optimum Coal Holdings Limited held on Friday, 25 November 2011, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. www.op...

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Shareholders are referred to the cautionary announcements published by Optimum on 17 August 2011, 26 August 2011, 1 September 2011, 9 September 2011 and 13 October 2011, respectively, as well as the announcement published on 16 November 2011, by a co...

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Optimum Coal, a leading South African coal mining and exploration group, listed on the JSE Limited, wishes to inform shareholders and update the market that the Company has entered into a R2.2 billion revolving credit facility with a consortium of le...

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Optimum Coal, a leading South African coal mining and exploration group, listed on the JSE Limited, wishes to inform shareholders and update the market on operational performance at Optimum Collieries and Koornfontein Mines. Optimum Coal owns 100% of...

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Further to the joint cautionary announcement dated 1 September 2011 shareholders are advised that negotiations are still in progress which, if successfully concluded, may have a material effect on the price of the Company’s securities. Accordingly ...

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No change statement Shareholders are advised that the annual financial statements will be distributed to shareholders on 30 September 2011 and contain no modifications to the audited results which were published on SENS on 25 August 2011. Notice of t...

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Shareholders are referred to the announcement released on SENS on 25 August 2011, wherein the Company declared a special dividend of 30 cents per share, subject to approval by the Exchange Control Department of the South African Reserve Bank. Shareho...

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Shareholders are referred to the cautionary announcements published by Optimum on 29 August 2011 and 1 September 2011, respectively. Shareholders were informed in the announcement dated 1 September 2011 that a consortium ("the Consortium") comprising...

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In accordance with section 122 of the Companies Act 71 of 2008, shareholders are advised that Piruto B.V., a wholly-owned subsidiary of Glencore International AG, purchased 2 491 687 shares in Optimum Coal for an average price of ZAR37.99 per sh...

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In accordance with section 122 of the Companies Act 71 of 2008, shareholders are advised that Mercuria Energy Asset Management B.V. acquired ordinary shares and as a result now holds a beneficial interest of 5.71% in Optimum Coal. Shareholders are re...

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In accordance with section 122 of the Companies Act 71 of 2008, shareholders are advised that Piruto B.V., a wholly-owned subsidiary of Glencore International AG, purchased 24 628 409 shares in Optimum for an average price of ZAR37.98 per s...

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1.   INTRODUCTION Further to the cautionary announcement published on Friday, 26 August 2011 by Optimum, shareholders of Optimum are advised that a consortium ("Consortium") comprising Piruto B.V. ("Glencore"), a wholly‑owned subsidiary o...

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In accordance with section 122 of the Companies Act 71 of 2008, shareholders are advised that a consortium comprising Piruto B.V., a wholly-owned subsidiary of Glencore International AG, had as at the close of business on Friday, 26 August 2011, acqu...

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Media Contacts

Optimum Coal 36 Fricker Road, Illovo, 2196 PO Box 411333, Craighall, 2024 Johannesburg Republic of South Africa Telephone: 011 447 3858 Fax: 011 447 3894web: www.optimumcoal.com For all media enquiries or interview requests please contact: Main conta...

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Optimum Coal Mine (Pty) Ltd, a wholly-owned subsidiary of Optimum Coal Holdings LtdPullenshope Road, Optimum Colliery Private Bag X 1201, Pullenshope, 1096Tel: +27 (0) 13 296 5111   Fax: +27 (0) 13 296 5108Export customer enquirie...

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Optimum Coal Mine Ltd, a wholly-owned subsidiary of Optimum Coal Holdings LtdPullenshope Road, Optimum Colliery Private Bag X 1201, Pullenshope, 1096Tel:              +27 (0) ...

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Optimum Coal Mine (Pty) Ltd, a wholly-owned subsidiary of Optimum Coal Holdings LtdPullenshope Road, Optimum Colliery Private Bag X 1201, Pullenshope, 1096Tel: 013 296 5111   Fax: 013 296 5108Export customer enquiries: Riaan Duplo...

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Optimum Coal Mine (Pty) Ltd, a wholly-owned subsidiary of Optimum Coal Holdings LtdPullenshope Road, Optimum Colliery Private Bag X 1201, Pullenshope, 1096Tel: +27 (0) 13 296 5111   Fax: +27 (0) 13 296 5108SA customer enquiri...

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Optimum Coal 36 Fricker Road, Illovo, 2196 PO Box 411333, Craighall, 2024 Johannesburg Republic of South Africa Telephone: 011 447 3858 Fax: 011 447 3894 web: www.optimumcoal.com Investor relations enquiries:E-mail: info@optimumcoal.comTel: 011 325 0...

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Optimum Coal Terminal (Pty) Ltd, a wholly-owned subsidiary of Optimum Coal Holdings Ltd 36 Fricker Road, Illovo, 2196 PO Box 411333, Craighall, 2024 Johannesburg Republic of South Africa Telephone: 011 447 3858 Fax: 0114473894web: www.optimumcoal.com...

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Optimum Coal Mine (Pty) Ltd, a wholly-owned subsidiary of Optimum Coal Holdings LtdPullenshope Road, Optimum CollieryPrivate Bag X 1201, Pullenshope, 1096Tel: 013 296 5111   Fax: 013 296 5108Registered Address: 36 Fricker Roa...

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Optimum Coal36 Fricker Road, Illovo, 2196PO Box 411333, Craighall, 2024JohannesburgRepublic of South AfricaTelephone: 011 447 3858Fax: 011 447 3894 Web: www.optimumcoal.com

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Safety Case Studies

Optimum Coal continues to improve safety performances at its operations in its strive towards Zero Harm. The Asiphephe programmes, meaning “Let us be Safe” reaped off significant safety results for Optimum Coal’s operations. Asiphephe I was lau...

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Newsflash

In the midst of South Africa's service delivery challenges, Optimum Coal, South Africa's fourth largest exporter of thermal coal, and the Steve Tshwete Local Municipality, have joined hands to deliver 100 houses to the public in a R13-million project...

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Water is a scarce resource in South Africa and future economic development may be increasingly restricted if water is not allocated and used efficiently. Water supply has traditionally been augmented in line with growing demand. However, in view of t...

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EMALAHLENI (WITBANK) - The residents of the Hlalanikahle community have expressed their need for a multipurpose community centre for over ten years. Responding to this aspiration, the Emalahleni Local Municipality and Optimum Coal, South Africa’s s...

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SENIOR AND DISABLED CITIZENS FIRST TO BENEFIT FROM R10-MILLION OPTIMUM COAL HOUSING PROJECT Optimum Coal, a leading black-owned and controlled JSE-listed mining and exploration company, in partnership with the Steve Tshwete Local Municipality, today...

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MEDIA RELEASE EMBARGO: 9 JUNE 2010 NEW OPTIMUM COAL WATER RECLAMATION PLANT ENSURES WATER SAFETY IN MPUMALANGA Optimum Coal, a leading black-owned and controlled JSE listed mining and exploration company, is delighted to announce the launch of its ne...

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Johannesburg, 29 March 2010 -- Optimum Coal, South Africa’s leading black owned and controlled coal mining and exploration group, successfully listed in the “General Mining” sector on the JSE Main Board this morning, opening with its first trad...

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Today Optimum Coal officially launched the Optimum Community Trust with a series of visits and project showcases in the Steve Tshwete Municipality in and around Witbank and Middelburg, Mpumalanga. Breaking with the predictable norm, Optimum Coal brou...

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NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA Optimum Coal Holdings Limited (“Optimum Coal” or the “Company”), a leading black owned and controlled So...

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COMPANY STATEMENT NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OPTIMUM COAL SIGNS MARKETING AGREEMENT WITH MERCURIA ENERGY GROUP Enhances Optimum Coal's expo...

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MEDIA RELEASE NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA Enhances Optimum Coal’s resource base and export entitlement Optimum Coal Holdings Limited (“...

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MEDIA RELEASE NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, CANADA, JAPAN OR AUSTRALIA OPTIMUM COAL HOLDINGS ANNOUNCES ITS INTENTION TO FLOAT ON THE JSE MAIN BOARD     Optimum Coal Ho...

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JOHANNESBURG - Following media speculation about a potential acquisition or investment transaction, Optimum Coal CEO Mike Teke states that Optimum Coal is a strong privately owned coal mining and exploration business and it is inevitable that when sp...

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JOHANNESBURG – Black-owned coal mining and exploration group Optimum Coal Holdings has successfully concluded an agreement with BHP Billiton Energy Coal SA (BECSA) to acquire Optimum Colliery and associated assets from BECSA, signalling the first a...

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