Miner Anglo American said on Monday it would sell its Eskom-tied domestic thermal coal operations in South Africa to a unit of Seriti Resources Holdings for 2.3 billion rand ($166.43 million).

The thermal coal operations that mainly supply coal to Eskom consist of the New Vaal, New Denmark and Kriel collieries, as well as four closed collieries , Anglo American said.

($1 = 13.8200 rand)

(Reporting by Rahul B in Bengaluru, editing by Louise Heavens)

Source: Reuters

 

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