Black-owned E&T Minerals bids for optimum coal mine

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Growth-focused E&T Minerals a South African commodity brokerage and trading house specialing in coal has placed it’s bid for Optimum Coal Mine after the mine faced liquidation and has been in business rescue since February 2018.

Attaining the mine would highlight a great opportunity for the 80% black youth driven company to boost the country’s economic growth as well as develop the areas around the mine through its Inclusivity approach with communities. It aims to be an enabler for black excellence and assist with President Cyril Ramaphosa’s agenda on economic recovery.

Founded by 29-year-old industry powerhouses Emmanuel Ngulube and Daniel Eyre, the commodity brokerage and trading house has attained Industry-wide trust and are well on their way of becoming one of South Africa’s biggest coal exporters. Their combined vast experiences will drive Optimum Coal Mine to greater heights

E&T minerals reaching a level of bidding for Optimum Coal Mine shows a great impact & potential of Optimum Coal Mine going back into operation through responsible and ethical mining driven by E&T Minerals.

E&T Minerals looks forward to alleviating poverty in surrounding areas as well as ensuring sustainable mining and community stability not only by compensating workers for their job loses but also through giving equity to the workers and the community.

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 16 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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