Unions back Seriti's purchase of Anglo coal mines

Two labour unions on Tuesday publicly backed the sale by Anglo American of coal assets to Seriti, the new black-owned start-up with aspirations to be South Africa’s next mining champion. Both the National Union of Mineworkers (NUM) and the Solidarity union put out statements welcoming the R2.3-billion deal, which involves the sale of three Eskom-tied domestic thermal coal operations and four closed collieries that have reopening potential.