Bloomberg News

South African Coal Miners Must Help New Producers, Minister Says

February 02, 2012

Feb. 2 (Bloomberg) -- South African coal miners must do “something more tangible and inclusive” to assist new black- owned entrants to the industry, according to Mineral Resources Minister Susan Shabangu.

Small producers and “aspirant exporters” still find it difficult to get access to export markets through the Richards Bay Coal Terminal, which is owned and operated by shareholders including Anglo American Plc and BHP Billiton Plc, Shabangu said in an e-mailed copy of a speech given at a conference in Cape Town today.

“There are certain elements who seem determined to keep competition out by either denying junior miners allocations or charging them exorbitant prices for access to the facility,” she said, according to the speech.

--Editor: Alastair Reed.

To contact the reporter on this story: Jana Marais in Johannesburg at jmarais@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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