Brakfontein coal project, South Africa
Name of the Project
Brakfontein coal project.
Location
The project is located in Delmas, in South Africa’s Mpumalanga province, 20 km east of Universal Coal’s Kangala mine.
Client
Universal Coal (50.29%), with potential to acquire up to 74%.
Project Description
Brakfontein hosts a Joint Ore Resereves Committee-compliant mineral resource of 75.8-million tonnes, of which 31.7-million tonnes is classified as measured, 39.4-million tonnes as indicated and 4.7-million tonnes as inferred. The project currently has proven ore reserves of 9.1-million tonnes.
The project hosts bituminous coal that will have to be beneficiated to produce saleable products.
A single thermal coal product for domestic power generation, produced at a wash density of 1.80, is considered to be the most economic.
A feasibility study completed on the project has shown that the project could be integrated with existing infrastructure and excess capacity at Universal Coal’s Kangala operation.
Jobs to be Created
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Value
Not stated.
Duration
Not stated.
Latest Developments
The project has received all licences required for development of the project, following the granting of a water use licence by the Department of Water and Sanitation. The mining right and environmental authorisation in terms of the National Environmental Management Act have already been secured. This will substantially reduce capital development costs and the scale of the water licence required.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Universal Coal, tel +27 12 460 0805, fax +27 12 460 2417 or email info@universalcoal.co.za.
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