Top-level intervention needed to salvage Anglo, Eskom New Largo talks

South African electricity producer Eskom claims that discussions are back on track with Anglo American regarding a coal-supply contract with the proposed New Largo colliery, in Mpumalanga, following an earlier breakdown in the process. The New Largo project is owned by Anglo American Inyosi Coal, a black economic–empowerment (BEE) company, held by Anglo American (73%) and the Inyosi Consortium (27%).