Universal Coal - One2One Presentation - 13th January 2011
Universal Coal - One2One Presentation - 13th January 2011
Universal Coal - One2One Presentation - 13th January 2011
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Kangala Project Overview<br />
Key Figures<br />
Ownership 70.5% (BEE 29.5%)<br />
Resources<br />
Costs<br />
Total of 124Mt in situ Measured, Indicated<br />
and Inferred resource<br />
Opex – ZAR 90 / ROM tonne (A$13/t)<br />
Capex – ZAR 85m (A$12.5m)<br />
Railway<br />
Production Commence H1 <strong>2011</strong><br />
Highlights<br />
• Mining Right granted<br />
3.0Mtpa Full production H1 2012<br />
• Full Bankable feasibility underway to allow for full<br />
development to commence in H2 <strong>2011</strong><br />
• Commence ROM production in H1 <strong>2011</strong>, focussing on<br />
Domestic and Eskom grade thermal coal from a 48Mt<br />
Measured Resource<br />
• Entire resource is amenable to low cost open pit<br />
operation averaging less than 2:1 stripping ratio (Phase<br />
1 at 1.6:1)<br />
• Operational synergies being explored with Total (CAC)<br />
and Exxaro ‘s (JSE) Leeuwpan colliery<br />
10
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