for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Anglo says all SAfrica coal mines back in production

JOHANNESBURG, Jan 28 (Reuters) - Global diversified miner Anglo American AAL.LAGLJ.J said all its South African coal mining operations had resumed full production on Monday, except the Kleinkopje mine, which was operating at a reduced level.

“Our coal operations are back in production at all the mines, except Kleinkopje, which is operating at a reduced level,” Pranill Ramchander, a spokesman at Anglo, told Reuters.

Ramchander said the mines re-started following a series of weekend meetings with officials from state-owned utility Eskom [ESCJ.UL], which relies on coal-fired power generation for more than 90 percent of its electricity supplies.

The coal mines stopped operations on Friday owing to a power crisis that has halted most mining in South Africa.

Anglo’s London-based Chief Executive Cynthia Carroll was in South Africa on Monday to meet government officials over the energy crisis, Ramchander said. (Reporting by James Macharia)

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up