Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Processing |
- Wash plant
- Dense media separation
|
| Mine Life | 0.75 years (as of Jan 1, 2020) |
Current LoM 9 months with the potential to exceed 10 years when including the Eloff Project extensions. |
Source:
p. 92,127
From 3 February 2020 to 31 March 2020, TerraCom acquired Universal shares via a take-over process increasing its ownership interest in stages. Control over Universal was obtained on 27 March 2020 (the Acquisition Date) and accordingly TerraCom has consolidated the results from Universal’s operations from this date.
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, ~1.8:1 strip ratio
Processing
- Wash plant
- Dense media separation
Source:
Summary:
The processing plant was developed as a dual circuit processing facility consisting of a 350tph crushing and screening circuit plus a 320tph DMS washing plant. Each circuit can be operated individually or simultaneously.
Reserves at June 30, 2020:
| Category | Tonnage | Commodity |
|
Proven
|
1.27 Mt
|
Coal (thermal)
|
|
Measured
|
48.3 Mt
|
Coal (thermal)
|
|
Indicated
|
15 Mt
|
Coal (thermal)
|
|
Inferred
|
32.3 Mt
|
Coal (thermal)
|
|
Total Resource
|
95.6 Mt
|
Coal (thermal)
|
Financials:
| | Units | 2020 | 2019 | 2018 |
|
Revenue
|
M AUD
| ......  | ...... | 150.75 |
|
Pre-tax Income
|
M AUD
| | ...... | 23.8 |
|
After-tax Income
|
M AUD
| ...... | ...... | 16.8 |
|
Operating Cash Flow
|
M AUD
| | ...... | 36 |
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Heavy Mobile Equipment as of March 19, 2021:
| HME Type | Size | Leased or
Contractor |
|
Excavator
|
85 t
|
|
|
Excavator
|
120 t
|
|
|
Truck (haul)
|
100 t
|
|
Corporate Filings & Presentations:
| Document | Year |
|
...................................
|
2020
|
|
...................................
|
2020
|
|
...................................
|
2019
|
|
Environmental Assessment
|
2018
|
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Aerial view:
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