…but bulk costs are questioned

The water use license for the Makhado coal project has been suspended, halting the development of the 5.5 Mtpa coal scheme in Limpopo Province in the far north of South Africa, close to the border with Zimbabwe.

With its coal volumes continuing to grow, the South African port of Richards Bay needs additional capacity but there is considerable controversy over who should provide it.

Coal of Africa’s (CZA) has estimated a US$700M net present value (NPV) for its flagship Makhado coal mining project.

Coal of Africa (CZA) has closed production at its Mooiplaats thermal coal mine in South Africa.

South Africa-focused miner Coal of Africa has shipped its first coal destined for the export market from Vele Colliery in Limpopo Province.

Coal of Africa Limited (CoAL) has entered into a sale and purchase agreement totalling US$75M for the acquisition of the Chapudi coal project and related exploration in South Africa from joint venture companies held by Rio Tinto Minerals Development and Kwezi Mining.