South Africa - Kiepersol
The company’s operational activities in the country include the Kiepersol Colliery, which is an
underground operation located within the jurisdiction of the Gert Sibande district in Mpumalanga,
South Africa.
The Kiepersol Colliery remains a prominent producer of high quality anthracite and lean bituminous
coal, which is sold on both the domestic and international metallurgical coal markets, and is all
made possible with a dedicated private railway siding which forms the bulk of the company’s
infrastructure, which in turn enables the mine to dispatch orders directly to clients and to the
ports for exports thereby maintaining the high quality service and delivery standards its clients
have become accustomed to.
South Africa - Melmoth
The company feels that the biggest South African investment is on the horizon, with the current
vision to substantially invest in the newest project in the pipeline, an iron ore development with a
20 MTPA operation at steady state. This magnetite resource with potential reserves of several
billion tonnes is located 25 km South East of the town of Melmoth in KwaZulu-Natal. Since acquiring
the project, the company has aggressively undertaken exploration activities to prove their resource
potential as well as appointed environmental consultants to commence with the environmental impact
assessment and social studies. The company has also completed an independent pre-feasibility study
and is currently preparing a mining right application.
Mozambique
In neighbouring Mozambique, the company is at the forefront of the country’s energy revolution,
where it is one of only three companies with operational mines in the coal-rich Moatize area. This
opencast Chirodzi coal mine, with reserves of 1.35 billion tonnes and an expected life-of-mine of 25
years, commenced operations on its 10 MTPA coal mine in 2013, with the production of 3 MT in the
first phase. Since 2013, the company has been consistently producing and exporting coal from the
country through the port of Beira using its own wagons and locomotives. The company is also in
advance discussions with the government for setting up a coal based independent power plant.
Botswana
In 2012 the company increased its portfolio of projects through the acquisition of Canadian listed
company, CIC Energy Corp for approximately US $ 116 million. The company has since undertaken a
number of studies and has successfully obtained a mining license on its 2.7 billion tonnes coal
resources, thus positioning it as a frontrunner to capitalise on the increasing demand for
electricity on the African continent. The company is in advanced discussions with the government to
set up independent power projects. The project has also been shortlisted for the country’s first
Coal to Liquid project by the Government of Botswana.
Cameroon
The company acquired the Ngovayang Iron Ore Project from Legend Mining in 2014 with the aim of
creating a sustainable source of supply of high quality iron ore for its steel plants. The project
has potential open cast resources of several billion tonnes of magnetite and the company is
currently engaged in exploration and development activities to establish an optimum reserve base.
Namibia
The company plans to operate an iron ore mine in the region of Khomas in Windhoek. The company has
conducted exploration activities and proven significant resources with the aim of developing an iron
ore mine in the thriving and profitable mining sector of the country. The company is in the process
of conducting environmental and technical studies with the short term objective of applying a mining
right.
