Anglo American completes sale of New Largo …
Anglo American plc (“Anglo American”) announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, “New Largo”) to New Largo Coal Proprietary Limited, which is owned by Seriti Resources Proprietary Limited (“Seriti”) and Coalzar ...
Anglo American sale of New Largo thermal coal …
New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskoms new Kusile Power Station. For further information on the Coal Resource please refer to the Anglo American Ore Reserves and Mineral Resources Report 2016.
New Largo Coal - Seriti
New Largo Coal is a majority black owned and controlled company whose shares are held by Seriti New Largo (45%), the IDC (22.5%), Coalzar (22.5%) and the New Largo Coal Employee and New Largo Coal Community Trusts (5% each). New Largo Coal intends to develop the New Largo Mining right into a large scale, long life coal mine in order to supply ~12 Mtpa coal to Eskom’s Kusile Power Station ...
Anglo sells New Largo coal assets | Global Mining …
Anglo American through its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Ltd, has sold the New Largo thermal coal project and Old New Largo closed coal mine in South Africa to New Largo Coal Proprietary Ltd, which is owned by Seriti Resources Proprietary Ltd and Coalzar Proprietary Ltd, two companies majority owned and controlled by historically disadvantaged South Africans ...
Anglo American sells New Largo thermal coal …
JOHANNESBURG - Anglo American plc on Monday announced the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa to New Largo Coal, a …
Anglo’s New Largo Project Considered in Coal …
08.02.2017 · Anglo American Plc may sell its New Largo project in a package with three other coal mines that supply South Africa’s power utility, as the company moves …
Anglo American closes New Largo coal project …
Multinational mining company Anglo American, via its subsidiary, has completed the divestment of the New Largo coal project in South Africa. The transaction covers the sale of Anglo American Inyosi Coal’s interest in the New Largo thermal coal project and the Old New Largo closed colliery, known collectively as New Largo, to the New Largo Coal Proprietary, which is owned by Seriti Resources ...
Anglo to sell New Largo to Seriti-led consortium …
ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa’s Mpumalanga province, to Seriti Resources, a consortium, which will be joined as shareholder by the Industrial Development Corporation (IDC) and Coalzar, a company in which entrepreneurs Pius Mokgokong and Lefa Mbethe are members.. Seriti is currently waiting for Eskom to approve the transfer of the coal ...
Anglo American completes sale of New Largo …
New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom’s new Kusile Power Station. For further information on the Coal Resource please refer to the Anglo American Ore Reserves and Mineral Resources Report 2017.
Project: New Largo Colliery, Mpumalanga | L2B
PPA 4332 Seriti Resources acquired the New Largo Colliery from Anglo Coal and is currently investigating the feasibility of developing an open cast coal mine on
Coal Mines in South Africa Intelligence and Info | …
Africa Mining IQ, a leading mining information source on coal mines in South Africa, lists the New Largo Project surface mine, and the Mafube Colliery as the largest coal mines in South Africa. The Mafube Colliery supplies 1.1 million tonnes of coal yearly. The colliery supplies Mpumalanga’s Arnot Power Station and, as one of the largest coal mines in South Africa, the project is estimated ...
Anglo sells New Largo thermal coal project in …
Botswana Stock Exchange (BSE) listed mining giant, Anglo American plc has completed the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa. The sale was conducted through Anglo American’s 73 percent held subsidiary, Anglo American Inyosi Coal (Proprietary) Limited. It was sold to New Largo Coal Proprietary Limited, which is owned by Seriti …
Anglo American sale of New Largo thermal coal …
Anglo American plc announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, “New Largo”) to New Largo Coal Proprietary Limited (the “Purchaser”), which is owned by Seriti Resources Proprietary Limited (“Seriti”) and Coalzar Proprietary Limited ...
Home - Seriti
Johannesburg, 1 April 2020: Seriti Coal advises that its three mines, New Vaal Colliery, New Denmark Colliery and Kriel Colliery, are continuing to operate during the lock-down period to ensure that the three power stations they service continue to deliver power to the national grid. These mines deliver approximately 24Mtpa of thermal coal to Eskom’s Lethabo, Tutuka and Kriel power stations ...
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Coal Mining in South Africa I Projects IQ
Coal mining in South Africa is centred on the Highveld, with roughly 60% of the country’s deposits located in eMalahleni (Witbank) and surrounding areas. Two of the biggest coal mining projects in South Africa are surface mining operations at the Mafube Colliery and the New Largo Project. The Mafube Colliery is currently the largest coal ...
Sale completed of New Largo coal project – …
Anglo American completes sale of New Largo thermal coal project in South Africa ... With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world. As a responsible miner - of diamonds (through De Beers), copper, platinum and other precious metals ...
New Largo project moving ahead | …
Night-time operations in the open pit at Anglo Coal’s New Vaal colliery Johannesburg, South Africa — MININGREVIEW.COM — 08 June 2009 – Anglo American Plc’s South African coal unit – Anglo Coal – plans to complete a feasibility study on its New Largo mine by mid-2010, so that it can supply Eskom Holdings Limited’s new Kusile power plant.
Anglo Continues South Africa Coal Exit With New …
29.01.2018 · Anglo American Plc agreed to sell its New Largo coal project in South Africa to a group of black-controlled companies, bringing it closer to an exit from operations designed to supply coal to the ...
List of coal mines in South Africa - Briefly
South Africa is the biggest producer of hard coal in Africa, and it is a significant global player. The Source Watch ranks this African giant at number five, just behind China, the USA, India, and Australia; while World Atlas ranks the country at number seven with Indonesia and Russia taking fifth and sixth place respectively after the first four. . It is also estimated that about 90% of South ...