Arnot OpCo Participates in Mining Indaba 2026
Arnot OpCo participated in the Investing in African Mining Indaba 2026, joining industry leaders for dialogue on investment, collaboration, and the future of mining across the continent.
Latest News
Stay informed about Arnot OpCo's latest developments, community initiatives, business rescue proceedings, and stakeholder updates.
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Stay informed with the latest developments, stakeholder updates, industry participation, and community initiatives from Arnot OpCo.
Arnot OpCo Hands Over Mobile Clinic to Support Healthcare Access
Arnot OpCo, in partnership with Exxaro, handed over a fully equipped mobile clinic to improve healthcare access for communities in the Steve Tshwete Local Municipality.
Arnot OpCo Placed Under Business Rescue
The South Gauteng High Court in Johannesburg placed Arnot OpCo into business rescue following an application by Salungano Group, with operations continuing as usual.
Arnot OpCo Participates in Mining Indaba 2026
Arnot OpCo was proud to participate in the Investing in African Mining Indaba 2026, one of the mining industry's leading platforms for dialogue, collaboration, and investment across the African continent.
As part of the conference programme, Arnot OpCo CEO, Ms Bontle Aphane, joined industry leaders in a panel discussion focused on key issues shaping the future of the mining sector. Discussions explored the future of coal investment, the evolving role of mining in supporting economic growth, and the importance of building stronger, more collaborative partnerships across the mining value chain.
The event provided a valuable platform for Arnot OpCo to share insights, engage with stakeholders, and contribute to conversations that will help shape the future of mining in South Africa and beyond.
Participation in Mining Indaba also enabled the company to showcase its vision, strengthen relationships with key stakeholders, and reinforce its position within the mining sector.
Arnot OpCo remains committed to contributing to meaningful industry dialogue and looks forward to participating in future events that promote innovation, collaboration, and sustainable growth.
Arnot OpCo Hands Over Mobile Clinic to Support Healthcare Access in Steve Tshwete Local Municipality
Arnot OpCo, in partnership with Exxaro, has officially handed over a fully equipped mobile clinic to the Department of Health in the Steve Tshwete Local Municipality, reinforcing its commitment to improving healthcare access in the communities it serves.
The mobile clinic was handed over during a ceremony attended by community members, government representatives, and key stakeholders. The initiative demonstrates the positive impact that can be achieved through collaboration between the private sector, government, and local municipalities in addressing healthcare challenges.
Valued at more than R1.3 million, the mobile clinic is equipped with essential medical equipment and is expected to benefit over 6,500 residents in the Rietkuil area. The facility will bring critical healthcare services closer to communities, improving access to routine medical care and preventative health services.
Speaking at the handover, Arnot OpCo CEO, Ms Bontle Aphane, highlighted the company's commitment to community development.
"One of our key priorities is to uplift the communities in which we operate, particularly through investments in education and healthcare. By supporting these areas, we contribute to creating opportunities for healthier and more sustainable communities."
Mpumalanga MEC for Health, Ms Sasekani Manzini, welcomed the donation and encouraged residents to make use of the services offered through the mobile clinic. She noted that the facility would strengthen the Department of Health's outreach programmes by providing services typically available at permanent healthcare facilities.
The mobile clinic also serves as an interim healthcare solution while the permanent clinic currently under construction progresses toward completion, which is expected in August 2026.
Through initiatives such as this, Arnot OpCo continues to invest in sustainable community development and to work with partners to improve the quality of life in the areas where it operates.
Arnot OpCo Placed Under Business Rescue
The South Gauteng High Court in Johannesburg has placed Arnot OpCo into business rescue just months after the shuttered mine revived operations and supply of coal to Eskom.
In a judgment handed down on Monday, the Salungano Group – the 50% owner of Arnot – was granted its application to have the operation placed under supervision and business rescue proceedings in terms of the Companies Act.
Salungano said business operations of the mine will continue as usual, including the supply of coal into the Arnot power station.
"Shareholders are reminded that Arnot OpCo has been in financial distress for a prolonged period, and the option of business rescue is considered the most appropriate under the circumstances," Salungano, formerly known as Wescoal, said in a statement.
"Salungano Group is of the firm belief that a business rescue plan could facilitate a successful turnaround of the business."
The Arnot mine was previously owned by Exxaro Resources and was shuttered in 2015 after a long-term supply agreement with Eskom expired and wasn't renewed.
Efforts by former Exxaro employees of the mine saw a deal in which these employees became joint shareholders with Wescoal in Arnot OpCo and production activities at the mine recommenced in February this year.
In court papers, Wescoal argued that Arnot OpCo was financially distressed as a result of mismanagement of the company, including the blurring of lines between rehabilitation and reestablishment costs for the mine.
Arnot InvestCo – which is owned by the former employees and is the other 50% shareholder in the business – however opposed the application and accused Wescoal of wanting to control Arnot OpCo and unilaterally refusing to comply with its funding obligations to the business.
Respondents to the business rescue have been ordered to pay the costs of opposition to the application jointly and severally.
The Salungano Group's investment in Arnot was fully impaired in the annual financial statements for the year ended in March 2022 due to the uncertainties around funding of the operation.