Mining Intelligence and News
South Africa

Goedgevonden Mine

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Categories

Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Coal (thermal)
Mining Method
  • Dragline
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotThe Goedgevonden Mine is one of the leading coal operations in country, known for its significant export volumes of high-quality coal.

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
African Rainbow Minerals Ltd.(ARM) holds an effective 26% in Goedgevonden Mine. Glencore Operations South Africa owns 74%.

Management Governed by a management committee controlled by ARM Coal, with 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

CommodityUnits2024202320222021202020192018201720162015
Coal (thermal) Mt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe766.56.58.3
All production numbers are expressed as clean coal.

Operational metrics

Metrics2024202320222021202020192018201720162015
Coal tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe11.4 Mt9.6 Mt10.8 Mt9.9 Mt11.9 Mt

Production Costs

CommodityUnits20242023202220212020201920182017
Site cash costs (produced) Coal (thermal) ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 380 / t   351 / t   323.2 / t  

Financials

Units20242023202220212020201920182017
Capital expenditures M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 938   538   755  
Revenue M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 4,469   3,954   3,507  
Operating Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1,123   4,076   905  
Pre-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 669   3,458   -527.5  
After-tax Income M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 523   3,277   -381.2  
EBITDA M ZAR  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 1,253   1,288  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2024
....................... Subscription required ....................... Subscription required Subscription required Nov 21, 2024

Aerial view:

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