Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
- Strip mining (roll-over)
- Truck & Shovel / Loader
|
| Production Start | ...  |
| Mine Life | 9 years (as of Jan 1, 2022) |
The Moabsvelden project is contiguous to the Vanggatfontein Colliery.
Phase 1 of the project which consists of a box cut development, ramps, stormwater management and community projects has been completed.
Phase 2 of the project entails reaching steady capacity of 240 000tpm which is expected to be achieved in October 2022.
Phase 3 of the project entails VG6 UG project to reach the full Eskom contractual supply of 3.0mtpa sales. Phase 3 is expected to be completed in the second half of 2024. |
Source:
p. 6,7
Acquisition of additional 26% interest in Neosho Trading to establish 100% ownership in Moabsvelden Project.
Contractors
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Summary:
The Elandspruit, Khanyisa, Vanggatfontein and Moabsvelden Collieries are located within the Witbank Coalfield. The northern extent of the Coalfield is defined by the limit of coal-bearing sediments of the Vryheid Formation which abut against pre-Karoo basement rocks of the Transvaal Sequence, the Waterberg Group and Bushveld Complex. The southern limit of the central sector of the Coalfield is marked by a series of Bushveld Complex inliers known as the Smithfield Ridge while in the east and west sectors, the boundary between the Witbank Coalfield and the Highveld Coalfield to the south is somewhat arbitrary.
The five major coal seams of the coalfield are contained within a stratigraphic interval averaging approximately 70m in thickness. The seams are numbered, from the base upwards and include the No. 1 Coal Seam, the No. 2 Coal Seam (split into the No. 2 Lower Coal Seam and No. 2 Upper Coal Seam), the No. 3 Coal Seam, the No. 4 Coal Seam (split into the No. 4 Lower Coal Seam and No. 4 Upper Coal Seam) and the uppermost No. 5 Coal Seam.
Locally, three coal seams are developed across the licence area – namely the No. 5 Seam, No. 4 Seam and the No. 2 Seam. The No. 2 and No. 4 Seams are the primary economic targets, with the addition of the No. 5 Seam where the thickness, quality and continuity allow. The No. 3 Seam is not developed at all.
The No. 4 Seam is divided into the No. 4 Lower (4L) and No. 4 Upper (4U) Coal seams, based on the presenc ........
Mining Methods
- Strip mining (roll-over)
- Truck & Shovel / Loader
Summary:
Moabsvelden is designed as an opencast mine that will leverage synergies with the existing adjacent Vanggatfontein operation. It will employ the rollover methodology after the initial box cut, similar to the adjacent Vanggatfontein. Mining commenced in FY21, with 0.19mt of No. 4 Seam coal extracted in the western ramp area, in preparation to commence on the main east west box cut.
Source:
Flow Sheet:
Summary:
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Operational Metrics:
| Metrics | 2022 | 2021 |
|
Coal tonnes mined
| ...... | ...... |
|
Raw coal annual capacity
| ...... | ...... |
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Reserves at March 31, 2022:
For resources: minimum seam thickness cut-off of 0.5m. Raw Ash cut-off > 45%. DAF Volatile Content < 27.5% excluded.
| Category | Tonnage | Commodity | Marketable Coal |
|
Proven
|
24.84 Mt
|
Coal (thermal)
|
21.3 Mt
|
|
Measured
|
25.68 Mt
|
Coal (thermal)
|
|
|
Indicated
|
1.99 Mt
|
Coal (thermal)
|
|
|
Total Resource
|
27.67 Mt
|
Coal (thermal)
|
|
Financials:
| | Units | 2021 | 2020 | 2019 |
|
Capital expenditures
|
M ZAR
| ...... | ...... | ...... |
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Corporate Filings & Presentations:
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