BEE group set to acquire coal mine

BHP Billiton Energy Coal South Africa hopes to conclude the sale of its Optimum coal mine by the end of the second quarter to a black econo-mic empowerment group. The consortium, led by Eliphus Monkoe, former chief operating officer of BHP's South African coal operations, will include a significant stake for Optimum employees and the surrounding community. - Reuters

BHP Billiton Energy Coal South Africa hopes to conclude the sale of its Optimum coal mine by the end of the second quarter to a black econo-mic empowerment group. The consortium, led by Eliphus Monkoe, former chief operating officer of BHP's South African coal operations, will include a significant stake for Optimum employees and the surrounding community. - Reuters

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