Khwelamet, a subsidiary of Khwela Capital, jointly owned by Menar Capital and Ntiso Investment Holdings, has signed a binding agreement to fully acquire Samancor’s Metalloys manganese alloy smelter complex based in South Africa’s Gauteng Province.

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 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.

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.