http://www.miningmx.com/top-story/27457-coal-miners-say-eskom-contract-changes-unworkable/
“The idea of a deposit paid by a supplier does appear to be out of kilter with market norms,” said David Brown, CEO of Coal of Africa (CoAL). CoAL is in the process of buying Australian firm, Universal Coal, which supplies up to two million tonnes of coal annually to Eskom from its Kangala colliery.
“The process does appear to have some logistical challenges,” Brown added. “The pre-certification process at point of supply versus as the power plant does make more sense,” he said, adding that certifying the coal quality at the plant would end up with “… trucks of coal going back and forth a bit”.
http://www.miningmx.com/top-story/27457-coal-miners-say-eskom-con...
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