Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Mine Life | 6 years (as of Jan 1, 2019) |
Universal commenced the development of its fourth operation, Ubuntu Colliery, following the acquisition of the surface rights during the Q3 FY2019. Universal holds all regulatory approvals required to commence development of the project.
Operations commenced during August 2019 and the first coal sales are forecast for November 2019. |
Source:
p. 38
NBC (Pty) Ltd, is owned by UCEHSA (49%) and by Ndalamo (51%). NBC acquired 100% of the North Block Complex asset from Exxaro in March 2018 for an acquisition price of R170 million and a bank guarantee of 10% of the value has been delivered to Exxaro.
Summary:
The main Karoo Basin:
Filled between the Late Carboniferous and Middle Jurassic periods; Lithostratigraphically subdivided into the Dwyka, Ecca and Beaufort groups, succeeded by the Molteno, Elliot and Clarens Formations and the Drakensburg Formation (volcanics);
The coal bearing Ecca Group has been divided into three sub-units: the Pietermaritzburg; Vryheid and Volksrust Formations.
The Brakfontein Project is underlain by a 40m to 100m thick succession of sandstone, shale and coal of the Vryheid Formation;
Represents a multiple seam deposit type hosting the predominantly the No. 2. No. 1 and the No. 4 (4U and 4L)seams The typical lithostratigraphic sequence atcBrakfontein is illustrated
Summary:
Previously referred to as Brakfontein, located in the Delmas district, 25km east of Kangala.
Brakfontein(Ubuntu) is currently an open-cast, truck and shovel operation with all the ROM coal being crushed and screened. Currently, the mine plan indicates a 100ktpm saleable product available to Eskom.
Operational Metrics:
| Metrics | 2019 |
|
Annual production capacity
| ......  |
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Reserves at December 1, 2019:
| Category | Tonnage | Commodity |
|
Proven
|
9.15 Mt
|
Coal (thermal)
|
|
Measured
|
31.7 Mt
|
Coal (thermal)
|
|
Indicated
|
39.4 Mt
|
Coal (thermal)
|
|
Inferred
|
4.7 Mt
|
Coal (thermal)
|
Mine Management:
| Job Title | Name | Profile | Ref. Date |
|
.......................
|
.......................
|
|
Mar 18, 2020
|
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Corporate Filings & Presentations:
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Aerial view:
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