South Africa

Makhado Project

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Categories

Overview

Mine TypeOpen Pit
StagePermitting
Commodities
  • Coal (metallurgical)
  • Coal (thermal)
  • Coal (hard coking)
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotMakhado Project is fully-licensed and shovel-ready coal mine project.

MC Mining advanced the open tender processes to select the outsourced mining contractor, a CHPP operating contractor and the analytical laboratory operator during the quarter.

Owners

SourceSource
CompanyInterestOwnership
Industrial Development Corporation 6.7 % Indirect
MC Mining Ltd. 67.3 % Indirect
Makhado Project is 67.3%-owned by MCM through a local subsidiary, Baobab Mining & Exploration Pty Ltd (BM&E).

Contractors

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Deposit type

  • Sedimentary

Summary:

The Project area is located in the Mopane Sector of the Soutpansberg Coalfield. Six potential mining horizons (seams) have been identified by CoAL and named Upper Seam, Middle Upper Seam, Middle Lower Seam, Bottom Upper Seam, Bottom Middle Seam and Bottom Lower Seam.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnitsAvg. AnnualLOM
Coal (thermal) Mt 0.619
Coal (hard coking) Mt 0.822
Coal (metallurgical & thermal) Mt 41
All production numbers are expressed as clean coal.

Operational metrics

Metrics
Annual mining rate  ....  Subscribe
Stripping / waste ratio  ....  Subscribe
Waste tonnes, LOM  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
* According to 2023 study.

Production Costs

CommodityUnitsAverage
C3 fully allocated costs Coal (metallurgical & thermal) USD  ....  Subscribe
Assumed price Coal (hard coking) USD  ....  Subscribe
Assumed price Coal (thermal) USD  ....  Subscribe
* According to 2023 study / presentation.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M USD  ......  Subscribe
Expansion CapEx $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Total CapEx $M USD  ......  Subscribe
Operating margin, %  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax NPV @ 10% $M ZAR  ......  Subscribe
After-tax NPV @ 6% $M ZAR  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 16, 2023

Total WorkforceYear
...... Subscription required 2023

Aerial view:

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