August 30, 2008

Anglo in talks with Eskom over 17 million tonne coal project

Bloomberg reported that South Africa Anglo American Plc is in talks with South African power utility Eskom Holdings Ltd to develop a mine producing 17 million metric tons of coal a year.

Mr Ben Magara general manager of Anglo's South African coal business in an interview from Johannesburg said that “We are in talks with Eskom over New Largo, a deposit east of Johannesburg on which the mine would be based.