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BUSINESS RESCUE PROCESS: KOORNFONTEIN MINE

MEMORANDUM

TO:                 ALL MEMBERS OF UASA-THE UNION: KOORNFONTEIN COAL MINE                                                                       

FROM:            ADVOCATE NICK VAN ROOYEN

                        DIVISIONAL MANAGER: LEGAL AND SPECIALIST SERVICES 

DATE:             Monday September 28, 2020 

SUBJECT:     BUSINESS RESCUE PROCESS: KOORNFONTEIN COAL MINE (“KCM”) 

__________________________________________________________________________________

Now that the Competition Commission has approved the bid in regard to Koornfontein and the Mining Licence has been approved by the Department of Mineral Resources (“DMR”) in terms of section 11 of the Mineral’s and Petroleum Resources Development Act 28 of 2002 (as amended) the sale of Koornfontein Coal Mine will in due course be permitted to lawfully commence with mining operations.

All employees who await their IRP5s in respect of their tax returns to South African Revenue Services (“SARS”) may be obtained from Nisa Dawood This email address is being protected from spambots. You need JavaScript enabled to view it..

Yours faithfully

 

ADVOCATE NICK VAN ROOYEN

DIVISIONAL MANAGER: LEGAL AND SPECIALIST SERVICES


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