Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
- Truck & Shovel / Loader
- Dragline
|
| Mine Life | 2035 |
The Tweefontein is an open-pit operation following the discontinuation of underground operations in 2022. |
Source:
p. 44
ARM (African Rainbow Minerals Ltd.) holds an effective 20.2% in PCB, Glencore Operations South Africa (GOSA) owns remaining 79.8%.
Governed by a supervisory committee with five Glencore representatives and three ARM representatives. Operational management contracted to Glencore.
Contractors
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Summary:
The Tweefontein North development includes all five seams present in the Vryheid Formation, however, only the No.1, No. 2, No. 4 and No. 5 seams form part of the mineable and economic Coal Resources.
Tweefontein South Complex mining area development includes all five seams, however only the No.1, No. 2, No. 4 and No. 5 seams form part of the Coal Resources.
Mining Methods
- Truck & Shovel / Loader
- Dragline
Summary:
The Tweefontein North development includes all five seams present in the Vryheid Formation, however, only the No.1, No. 2, No. 4 and No. 5 seams form part of the mineable and economic Coal Resources. The Coal Resources have the potential to be extracted via both opencast truck and shovel or dragline, and underground bord and pillar mining methods.
Tweefontein South Complex is contained in the iMpunzi new order mining right and in the Klippoortjie old order mining authorisation. A section 102 consent was obtained to incorporate the Klippoortjie MR into iMpunzi. Execution of the deed of amendment to give effect to the consent is pending. The mining area development includes all five seams, however only the No.1, No. 2, No. 4 and No. 5 seams form part of the Coal Resources.
No mining was conducted in 2022 and the No. 5 Seam Addcar Coal Reserves remain available for future extraction.
PCB successfully commissioned a second dragline at Tweefontein Mine in the latter part of 1H F2021.
Source:
Summary:
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Production:
| Commodity | Units | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|
Coal (thermal)
|
Mt
| ...... | ...... | ...... | ...... | ...... | 10 | 9.4 |
All production numbers are expressed as clean coal.
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Reserves at December 31, 2022:
| Category | Tonnage | Commodity | Marketable Coal |
|
Proven
|
139 Mt
|
Coal (thermal)
|
87 Mt
|
|
Probable
|
5 Mt
|
Coal (thermal)
|
3 Mt
|
|
Proven & Probable
|
144 Mt
|
Coal (thermal)
|
90 Mt
|
|
Measured
|
830 Mt
|
Coal (thermal)
|
|
|
Indicated
|
60 Mt
|
Coal (thermal)
|
|
|
Inferred
|
38 Mt
|
Coal (thermal)
|
|
Source:
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Heavy Mobile Equipment as of June 30, 2022:
| HME Type | Quantity |
|
Dragline
|
.......................
|
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Corporate Filings & Presentations:
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