Given the economics and how the conversation around coal has shifted, you might as well try to push these banks into rotary phones or horse-drawn carriages.
Project Halo will buy Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd and Optimum Coal Terminal (Pty) according to the term sheet seen by Bloomberg.
Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years