Mpumalanga Business 2017-18 edition

OVERVIEW
R2.3-billion for the New Vaal, New Denmark and Kriel collieries (all
of which are tied to Eskom delivery contracts), as well as four closed
collieries. Seriti thus became the second-largest provider of thermal
coal to Eskom, supplying almost a quarter of the utility’s annual
coal requirements.
EMPOWERING SUSTAINABLE COMMUNITIES
Exxaro Resources Limited is a South Africa-based diversified
resources groups with interests in the coal, titanium dioxide,
ferrous and energy markets. It is the second-largest coal producer
in South Africa, with current production of almost 40 million
tonnes per annum, and is listed on the JSE Limited, where it
is a constituent of both the Top 40 and Socially Responsible
Investment indices.
Exxaro has six mines in the Mpumalanga region employing over
8 000 employees. In 2016, this region produced over 20 million
tonnes of coal. Arnot, Matla and the Forzando Complex (87%
Exxaro owned) are underground mines. The North Block Complex,
Leeuwpan and Mafube (a joint-venture with Anglo) are open-cut
mines. The Dorstfontein Complex (74% Exxaro owned) has an
open-cut and underground mine. Products include thermal and
metallurgical coal, distributed to the export market and Eskom
power stations. Exxaro is committed to ensuring a safe and
healthy workplace through our sustainability vision of Zero Harm.
Our approach to creating sustainable communities is fully integrative
and not a top-down approach. We empower the community
to create its own vision and work with them to develop
strategies and plans to realise that vision. In 2016, we invested
R6 million on education, R9.2 million on infrastructure and
R1.2 million on skills development in the Mpumalanga region.
Our socio-economic and sustainability programmes power better
lives in our communities.
State coal company AEMFC
(African Exploration Mining &
Finance Corporation) runs a colliery
at Vlakfontein near Ogies
and is planning to develop
other projects. A plan to mine
more coal for power stations
near Kinross is under way and
a smaller project in the Witbank
area has also been assessed and
will be developed once financing
has been secured.
South32 (spun out of BHP
Billiton) has four collieries and three
processing plants in the province.
The company has 4 860 fulltime
employees and 4 400 contractors.
Former coal trader Wescoal is
increasing its exposure to mining.
It owns and manages the
Khanyisa colliery which supplies
the Eskom power station
at Kendall with coal and it has
acquired Keaton Energy, taking
its output beyond six-million
tons per annum.
ArmCoal is a black-owned
coal company that arose out of
a deal between Xstrata Coal SA
and African Rainbow Minerals
Limited (51%). ArmCoal was the
vehicle used in the creation of
the large open-cut thermal coal
mine at Goedgevonden.
Gold
Sibanye Gold’s list of acquisitions
continues to grow. Formed as a
gold- mining company with one
mine in the Free State, Sibanye
has rapidly been buying up platinum
assets and showing an appetite
to become a multi-mineral
operation. In Mpumalanga it has
purchased and started to develop
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