South Africa

Goedgevonden Mine

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Categories

Overview

Mine TypeOpen Pit
Commodities
  • Coal (thermal)
Mining Method
  • Dragline
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life2047
ShapshotThe Goedgevonden is open-pit mechanised mine.

Owners

SourceSource
CompanyInterestOwnership
African Rainbow Minerals Ltd. 26 % Indirect
ARM Coal Proprietary Ltd. (operator) 26 % Direct
Glencore plc. 74 % Indirect
Glencore Operations South Africa Proprietary Ltd. (operator) 74 % Direct
ARM holds an effective 26% in Goedgevonden Mine. Glencore Operations South Africa owns the balance.

Governed by a management committee controlled by ARM Coal. This committee has four ARM representatives and three Glencore representatives. Operational management is contracted to Glencore.

Deposit type

  • Sedimentary

Summary:

The stratigraphy of the Witbank Coalfield consists of five seams numbered from oldest to youngest: No 1 to No 5 Seam. The seams vary in thickness from less than 0.5 metres to over 6 metres and do not exceed 300 metres in depth from surface. The coal seams dip at less than 5°. However, coal seam morphology and qualities may be locally influenced by basement topography, surface weathering and intrusion of dolerite dykes and sills. The coal qualities vary both within and between individual coal seams.

Low-quality coals, suitable for the local steam coal market, have a calorific value of between 18 to 22 MJ/kg, whereas the high-quality export steam coal has a calorific value of greater than 27 MJ/kg. All five coal seams are developed on Goedgevonden. The No. 1 Seam is of low quality, thin and only developed in paleo-low areas. The No. 2 Seam is extensively developed and is of good quality and is, on average, 6 metres thick. The No. 3 Seam is of good quality but, with an average thickness of only 0.3 metres, is uneconomic. The No. 4 Seam, being closer to surface and although of the same thickness as the No.2 Seam, is influenced by weathering and is not as extensively developed. The No. 5 Seam is of good quality, but is preserved as erosional remnants on the high ground only and thus not extensively developed over the area. No major faults, structural disturbances or intrusives were observed in the boreholes drilled to date.

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

CommodityUnits202320222021202020182017
Coal (thermal) Mt 0000000066.5
All production numbers are expressed as clean coal.

Operational metrics

Metrics202320222021202020192018
Coal tonnes mined 00
Coal tonnes mined 00000000009.6 Mt of ROM coal

Production Costs

CommodityUnits202320222021202020192018
Site cash costs (produced) Coal (thermal) ZAR 000 000 000 000 380 / t   351 / t  

Financials

Units2023202220212020201920182017
Capital expenditures M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 538   755  
Revenue M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 3,954   3,507  
Operating Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 4,076   905  
Pre-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 3,458   -527.5  
After-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 3,277   -381.2  
EBITDA M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1,288  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Source Source
Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 6, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 6, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 6, 2023
....................... Subscription required ....................... Subscription required Subscription required Nov 6, 2023

Aerial view:

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