coal mine
Product Details
| Description | Information Description |
| Expected Lifespan of each mine | +/- 10 years |
| What is the real deposit of these mines ( Reserves) | Total +/- 10 Million Metric Tons .Export 3,461,566 Million Metrics Tons ,Eskom 6,504,395 Million metric Tons |
| No land claims and the owner must have trust or equivalent to ensure quick acquisition | None |
| And is there any geological report | Yes,all the geological reports are available but will only be given on BCF and LOI |
| Reserve Potential in tonnes | +/- 240 Million mineable |
| Production Potential per month ( Metric Tonnes) | Projected 30,000 Metric Tonnes - 50,000 Metric Tonnes Full Capacity |
| Type of grade for Mineral Resources | No 4L and No 2L seams can be mined for Export .No 3 seam is thin but can be mined as blending (sweetening) agent.No 2U can be mined for Eskom product. Coal resource under the residential area might increase the resource if included |
| Type of Mining (open cast or shaft) | Opencast |
| Shareholding or Outright Purchase | Outright Purchase .However, a possibility of a strategic partnership can also be negotiated in terms of which the parties can enter into a joint venture with a profit sharing arrangement |
| Sale Price for Mines | R 307,800,000.00 |
| Location ( South Africa or Southern Africa etc) | South Africa |
| Additional Information | Six (6) coal seams have been intersected by the boreholes at an average depth of 12 metres. No 4 Upper seam was found to be uneconomical as it has extremely low yields and poor qualities, Nos 4L and 2L were found to be excellent export coal. No 3 seam is of good quality but very thin and can be used as a sweetener to the other seams. The 2U and 1# are generally for power station market. A total of 11 073 291 mineable tons was calculated which can achieve an average yield of 70% inclusive of secondary washing |
| Additional Information | In addition and within a distance of about 25km.Close to the Eskom Power station,Ready market for Grade C |
| Additional Information | The property is also surrounded by excellent additional infrastructure considerations such as good roads, a power line, a railway line plus nearby railway sidings |
| Green Fields or Brown Fields or Operational or Mineral Rights | Greenfields |
Coal mine
- Place of Origin:South Africa
