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Home South Africa

Mining Investor Menar Suspends Operations

by Matimu Mahundla
March 26, 2020
in South Africa
0
Mining Investor Menar Suspends Operations

Vuslat Bayoglu, managing director of Menar Holdings. Image: IOL

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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.

In a statement seen by African Mining Brief online, Menar’s Managing Director, Vuslat Bayoglu said, “We support all efforts to enforce social distancing, including confining most people to their homes to prevent social and nonessential business activities from midnight on Thursday, March 26, until Thursday, April 16.

Menar has subsidiaries that include mining and exploration companies Canyon Coal, with operations in Mpumalanga and Gauteng, Zululand Anthracite Colliery in KwaZulu Natal, and Kangra in Mpumalanga.

“The health and safety of our employees is our top priority. We therefore have commenced procedures to place all Menar Group mines, opencast and underground as well as our processing plants on care and maintenance, to allow all our employees time to return in a safe and orderly manner to their homes, before the start of the mandatory lockdown,” Bayoglu said.

Read: Environmental Emergencies As a Consequence of COVID-19

“Safeguarding and maintaining our infrastructure along with the continued compliance with all relevant health & safety, environmental and other relevant legislative requirements will remain in place throughout the national lockdown,” Bayoglu added.

Bayoglu has expressed hope that the president’s orders will be fully complied with and normal business would resume afterwards. “We have made it publicly known that we plan to invest R7-billion rand in greenfield investments in the next two years and create over 5 000 jobs. The efficacy of the president’s directive would be critical in rebuilding the economy.”

“These tough measures are necessary to combat the COVID-19 pandemic and we urge all our employees, partners and stakeholders, along with all our fellow South Africans to comply
with all the rules and regulations issued by the South African National Coronavirus Command
Council in order to halt the spread of the pandemic and ensure that South Africans’ health is
preserved and avoid the loss of life,” Bayoglu concluded.

Tags: health and safetyPresident Cyril RamaphosaVuslat Bayoglu
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Matimu Mahundla

Matimu Mahundla

Jan - March 2023 Magazine

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