Seriti’s bid for South32 coal mines leaves 50 suitors in the dust
Publication: BL PREMIUM. Author: Lisa Steyn. Australian company was inundated with expressions of interest before settling on Seriti Seriti Resources pipped 50 others when it emerged as the exclusive…
Seriti Resources may turn to equipment makers as coal IPOs shunned
Publication: fin24. Author: Paul Burkhardt, Bloomberg. Seriti Resources, which is poised to become South Africa’s second-biggest coal producer, may take funding from equipment suppliers and hold off…
South Africa will rely on coal for decades, key miner says
Publication: Moneyweb. Author: Paul Burkhardt, Bloomberg. Eskom continues to rely on the fuel for power generation. Seriti Resources, poised to become Africa’s second biggest coal producer, is…
South32 to sell South African coal assets to Seriti Resources
Publication: Financial Times. View original article
Eskom could soon get new top coal supplier as South32 picks bidder
Publication: Business Day. Author: BL Premium. Seriti Resources, which has been scooping mining assets over the last two years, could become the biggest coal supplier to power utility Eskom as the…
South32 hand picks contender to acquire coal business
Publication: Mining Reivew Africa. Author: Guest Contributor. 91% black-owned and controlled coal mining company Seriti Resources has entered into exclusive negotiations for the sale and acquisition…
Seriti in pole position for South32’s SA coal assets
Publication: Business Day. Author: Lisa Steyn. Mike Teke’s Seriti Resources has emerged as the exclusive bidder for South32’s SA coal mines, the Australia-listed miner announced on Thursday. South32,…
Seriti welcomes South32 announcement confirming exclusive negotiations in respect of acquisition of SAEC
Johannesburg, 22 August 2019: Seriti Resources welcomes the announcement by South32 Limited that, following a comprehensive and competitive bid process, the companies have entered into exclusive…
New Denmark Colliery Officially Hands Over Grade R Block
On Wednesday, 14th August 2019, New Denmark Colliery hosted a handover ceremony for the newly built Grade R Block at Ulwazi Primary School in Thutukani, Standerton. This project was funded by NDC as…
Community Development initiatives
At Seriti we strongly believe in creating opportunities to develop our local businesses and the communities in which we operate. This commitment has influenced several initiatives identified to make…
Minister of Mineral Resources visits the Kriel Mine
Seriti CEO, Mike Teke, and the Kriel Colliery team celebrated a historic milestone with the Mineral Resources Minister, Mr. Gwede Mantashe, with the official opening of Block F at Kriel Colliery.…
Seriti’s Teke awarded Brigadier Stokes Memorial Award
Publication: Mining Weekly. Author: Marleny Arnoldi. The Southern African Institute of Miningand Metallurgy has awarded coal producer Seriti Resources CEO Mike Teke with a Brigadier Stokes Memorial…