coal mine
Product Details
| Description | Information Description |
| Expected Lifespan of each mine | 20 - 50 years |
| What is the real deposit of these mines ( Reserves) | 105.660 million tonnes - grand total in situ reserves |
| 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 |
| Production Potential per month ( Metric Tonnes) | Projected 30,000 Metric Tonnes - 50,000 Metric Tonnes |
| Type of grade for Mineral Resources |
High grade metallurgical bituminous coal,Blend coking coal,Power Station Stock & Blend coking coal, Bituminous & Anthracite coal |
| Type of Mining (open cast or shaft) | Opencast |
| Shareholding or Outright Purchase | Purchase price secures a 73% stake in the mines, as 27% of the operations are already BEE compliant, as per government regulations 'Information regarding the 27% stakeholder, will be made available at the Table Top Meeting. |
| Sale Price for Mines | R 330,000,000.00 |
| Location ( South Africa or Southern Africa etc) | South Africa |
| Additional Information | There is a central working/processing plant which is contractually secured by lease.A railway siding adjacent to the CPP |
| Green Fields or Brown Fields or Operational or Mineral Rights | Greenfields |
High grade metallurgical bituminous coal,Blend coking coal,Power Station Stock & Blend coking coal,Bituminous & Anthrac
- Place of Origin:South Africa
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