South Africa - Kiepersol
The company’s operational activities in the country include the Kiepersol Colliery, which is an underground operation located within the jurisdiction of the Gert Sibande district in Mpumalanga, South Africa.
The Kiepersol Colliery remains a prominent producer of high quality anthracite and lean bituminous coal, which is sold on both the domestic and international metallurgical coal markets, and is all made possible with a dedicated private railway siding which forms the bulk of the company’s infrastructure, which in turn enables the mine to dispatch orders directly to clients and to the ports for exports thereby maintaining the high quality service and delivery standards its clients have become accustomed to.
South Africa - Melmoth
The company feels that the biggest South African investment is on the horizon, with the current vision to substantially invest in the newest project in the pipeline, an iron ore development with a 20 MTPA operation at steady state. This magnetite resource with potential reserves of several billion tonnes is located 25 km South East of the town of Melmoth in KwaZulu-Natal. Since acquiring the project, the company has aggressively undertaken exploration activities to prove their resource potential as well as appointed environmental consultants to commence with the environmental impact assessment and social studies. The company has also completed an independent pre-feasibility study and is currently preparing a mining right application.
In neighbouring Mozambique, the company is at the forefront of the country’s energy revolution, where it is one of only three companies with operational mines in the coal-rich Moatize area. This opencast Chirodzi coal mine, with reserves of 1.35 billion tonnes and an expected life-of-mine of 25 years, commenced operations on its 10 MTPA coal mine in 2013, with the production of 3 MT in the first phase. Since 2013, the company has been consistently producing and exporting coal from the country through the port of Beira using its own wagons and locomotives. The company is also in advance discussions with the government for setting up a coal based independent power plant.
In 2012 the company increased its portfolio of projects through the acquisition of Canadian listed company, CIC Energy Corp for approximately US $ 116 million. The company has since undertaken a number of studies and has successfully obtained a mining license on its 2.7 billion tonnes coal resources, thus positioning it as a frontrunner to capitalise on the increasing demand for electricity on the African continent. The company is in advanced discussions with the government to set up independent power projects. The project has also been shortlisted for the country’s first Coal to Liquid project by the Government of Botswana.
The company acquired the Ngovayang Iron Ore Project from Legend Mining in 2014 with the aim of creating a sustainable source of supply of high quality iron ore for its steel plants. The project has potential open cast resources of several billion tonnes of magnetite and the company is currently engaged in exploration and development activities to establish an optimum reserve base.
The company plans to operate an iron ore mine in the region of Khomas in Windhoek. The company has conducted exploration activities and proven significant resources with the aim of developing an iron ore mine in the thriving and profitable mining sector of the country. The company is in the process of conducting environmental and technical studies with the short term objective of applying a mining right.