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Plans for Dannhauser colliery acquired out of business rescue - KZN Industrial & Business News
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Plans for Dannhauser colliery acquired out of business rescue - KZN Industrial & Business News
SOUTH African mining company, Menar, has acquired Springlake Colliery, an anthracite mine located in Dannhauser, from Mylotex. The acquisition was executed through a Sale of Assets Agreement between the two companies, signed in November 2024. The transaction was finalised and concluded on 01 May 2025, officially transferring ownership of the mine to Menar.Under the previous owner, Springlake Colliery had been placed under business rescue, and Me…
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