Press Releases
The Menar Press Release Portal provides access to all our media releases. For additional information or images, please contact Menar Corporate Communications Department at pr@menar.com
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Evolving coal to meet current and future energy needs
A drastic reduction of coal energy supply will come at a hefty cost for South Africa.
Menar puts spotlight on Africa’s energy security needs at London Indaba
Menar highlighted coal’s resilience in bolstering economic growth.
Menar becomes the newest DBTG associate member
Menar positioned to increase participation in port terminals business.
Future coal expands with enrolment of South African innovator
Continuing a spate of new global enrolments, the World Coal Association (WCA) today welcomed South African mining investor, Menar, to its roster of progressive coal members.
Mining Journalism Training returns for fourth edition
Journalism students and media professionals once again gained new insights into the world of mining by hearing from industry experts about the many intricacies of the mining sector. This follows a two year break owing to COVID-19. The trainees also visited an active mining operation.
South Africa’s rich mix of mineral resources drives diversification
Menar expands and diversifies mineral assets in a show of confidence for the future of mining in South Africa.
Renewable energy alone insufficient for energy needs
Coal remains crucial to global energy security.
Bureaucracy and anti-mining lobbies stifling South Africa’s growth prospects
Unlocking mining sectors' full potential starts when red tape bottlenecks stop.
Industry players optimistic for coal and anthracite markets
Menar Chief Operating Officer Bradley Hammond and Buffalo Coal Sales and Marketing Manager Bill Lamont shared their perspectives on the local and international market at at the virtual Coaltrans Asia 2020 conference on 24 November 2020.
Coal miners should take lead in being ethical suppliers to Eskom
Speaking during a panel discussion with other coal industry stakeholders, as part of the virtual Joburg Indaba, on Thursday (8 October 2020), Mpumelelo Mkhabela, chairperson of mining investment firm Menar, called on coal producers to do their part in improving transparency and accountability in their relationship with Eskom.
Coal can play a central role in rebuilding COVID-19 hit SA economy
Coronavirus (COVID-19) has had a devastating impact on the South African economy, which already had record-high unemployment. However, Vuslat Bayoglu, managing director of investment company Menar, has argued that the coal mining sector, could aid reviving the economy.
Mining investor Menar suspends operations
In full support of President Cyril Ramaphosa’s declaration of the state of national disaster to mitigate the impact of COVID-19, fast-growing mining investment company Menar has suspended all mining operations.
Menar hosts third annual Mining Journalism Training seminar
Twenty trainees, who had been carefully selected from over 100 applications, attended an intensive media training workshop in Sandton, Johannesburg where they heard from a wide spectrum of speakers about different aspects of the mining sector. Menar Academy brought together the mining experts and senior journalists to train for mining journalism.
Jobs, foreign revenue generation and energy security
Speaking during at the Joburg Indaba panel discussion on the topic of the ‘Outlook for Coal Mining and South Africa’s coal sector’, chairperson of mining investment company Menar, Mpumelelo Mkhabela, stated that: “What may be deemed just for Germany in terms of transition away from coal, may not be just for emerging countries such as South Africa and India.”
We need coal miners who are committed to investing sustainably to create jobs
Menar chairperson Mpumelelo Mkhabela speaking during a panel on junior mining, in Sandton, said that: “…with hard work, dedication and great humility we are able to share our success story of evolving from a junior miner to a mid-tier producer that seeks to become a major player in the South African coal sector.”
Self-funding in coal sector is key as banks retreat – Bayoglu
Vuslat Bayoglu, the managing director of mining investment company Menar, has stressed the importance of reinvestment of income from existing operations to fund growth in light of the reluctance of South African commercial banks to fund coal-related investments.
Coal is critical to enabling South Africa’s stability and future growth
Coal suppliers need to deal fairly with Eskom by seeking reasonable returns and not excessive profits. High input costs to power generation, including coal, ultimately cause higher electricity prices which is detrimental to South Africa's economy, said Menar MD Vuslat Bayoglu.
Mining Journalism Training 2018
Menar concluded a successful second instalment of the Mining Journalism Training program on the 22nd of October 2018, at the Turbine Hall in Johannesburg with a site visit to an operating mine, Phalanndwa Colliery in Delmas, which was scheduled for the 23rd of October 2018.
Menar strikes another anthracite coal deal in Kwazulu-Natal
Menar reached an agreement with Coalvent Limited and African Onca Proprietary Limited to partner in the development of the Riversdale Anthracite Colliery (RAC) project near Vryheid, KwaZulu-Natal.
Menar Holding to acquire Kangra Coal in expansion drive
Fast-growing mining investment company Menar Holding has entered into an agreement to buy a majority stake in Kangra Coal, which owns assets in Mpumalanga and KwaZulu- Natal, for US$28m.