0034 | OPERATIONAL | South Africa | R250 MIL - 49.9% SHARE | MINE DORMANT |
COALMINE | R500 MIL - 100% SHARE | CAN BE UP AND RUNNING IN 4-6 WEEKS | ||
CONTRACT AVAILABLE - B AND C GRADE | ||||
RESERVES 56 MIL TONS | ||||
Company listed JSE 2007 | ||||
Total resources 45.7mt - ROM 25.7 MT | ||||
Saleable reserve 18.8mt - 3 year escom contract | ||||
Production 100,000 metric tons per month | ||||
49% is Open Cast Mining | ||||
GradesA B and upper C, and C Lower which is | ||||
ZAR = Rands = South African Rands | Mining rights granted on all areas |
Coal Mine available in South Africa