Overview
| Status | Care and Maintenance |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Production Start | ...  |
| Mine Life | 10 years (as of Jan 1, 2022) |
The Kangala colliery officially reached the end of its resource life in January 2021.
The extension of the Kangala complex is the development of the Eloff mining lease, which runs contiguously to the existing Kangala lease.
The Eloff Project is fully approved and now awaits the finalisation of the domestic offtake agreement with Eskom to access development and production from the current Kangala pit into the Eloff resource.
As a result of the ongoing delays with the new Eskom offtake agreement for the Eloff project, the Kangala Colliery has been placed into care and maintenance, effective 1 July 2021, to minimise costs. |
Source:
p. 11,89
TerraCom through its subsidiary holds 70.5% of Kangala Colliery and 49% of the Eloff Project.
Contractors
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Summary:
According to the geology excerpt from the Eloff MWP (Exxaro Coal Central, 2016), the region consists of the following pre-Karoo lithologies, i.e. granite basement rocks of Archean age, quartzite of the Witwatersrand Supergroup, lava of the Ventersdorp Supergroup, dolomite (Malmani Subgroup), chert, quartzite and shale from the Pretoria Group (Transvaal Supergroup). These are overlain in places by the Karoo Supergroup which consists of diamictite (tillite) of the Dwyka Group followed by sandstone, shale, mudstone and coal of the Vryheid Formation.
Local geology of the project area, indicating that the site is underlain by lithologies of the Vryheid Formation (Ecca Group), localized dolerite intrusions and younger alluvium. The Vryheid Formation consists of beds of soft, dark grey sandy shale, which alternates with thick beds of yellow to white cross-bedded sandstone and grit with a few coal seams.
Summary:
Mining method - Truck and shovel operation.
The Wolwenfontein pit officially reached the end of its resource life with last ROM coal mined in January 2021.
The extension of the Kangala complex is the development of the Eloff mining lease, which runs contiguously to the existing Kangala lease. The extension into Eloff is a low capex development due to the ability for Eloff to utilise the existing Kangala infrastructure.
Source:
Summary:
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Reserves at June 30, 2021:
The Mineral Resources as of 30 June 2022 at Kangala-Eloff Colliery are unchanged from 30 June 2021
| Category | Tonnage | Commodity |
|
Measured
|
59.1 Mt
|
Coal (thermal)
|
|
Indicated
|
281 Mt
|
Coal (thermal)
|
|
Inferred
|
282.9 Mt
|
Coal (thermal)
|
|
Total Resource
|
623 Mt
|
Coal (thermal)
|
Financials:
| | Units | 2019 | 2018 | 2017 | 2016 |
|
Capital expenditures
|
M AUD
| ...... |
4.2
|
1.8
|
7.9
|
|
Revenue
|
M AUD
| ...... |
148.7
|
129.3
|
95.5
|
|
Gross profit
|
M AUD
| ...... |
35.8
|
28.8
|
18.9
|
|
Pre-tax Income
|
M AUD
| ...... |
26.1
|
19.2
|
10.1
|
|
After-tax Income
|
M AUD
| ...... |
19.1
|
14.8
|
8.1
|
Heavy Mobile Equipment as of March 19, 2021:
| HME Type | Size | Leased or
Contractor |
|
Excavator
|
85 t
|
|
|
Excavator
|
120 t
|
|
|
Truck (haul)
|
100 t
|
|
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