BISICHI MINING PLC ANNUAL REPORT 2017

STRATEGIC REPORT
Principal activity,
strategy &
business model
The company carries on business as a mining company and its principal activity
is coal mining in South Africa. The company’s strategy is to create and deliver
long term sustainable value to all our stakeholders through our business model
which can be broken down into three key areas:
1Acquisition & investment
Strategy
The group actively seeks new opportunities to extend the life of mine of its
existing mining operations or develop new independent mining operations
in South Africa. The group aims to achieve this through new commercial
arrangements and the acquisition of additional coal reserves nearby to or
independent from our existing mining operations.
2
Production & sustainability
Strategy
The group strives to mine its coal reserves in an economical and sustainable
manner that delivers long term value to all our stakeholders.
3
Processing & marketing
Strategy
The group seeks to achieve additional value from its mining investments
through the washing, transportation and marketing of coal into both the
domestic and export markets.
In addition to the three key
areas outlined above, we
seek to balance the high
risk of our mining
operations with a
dependable cash flow from
our UK property investment
operations. The company
invests in retail property
across the UK. The UK
property portfolio is
managed by London &
Associated Properties PLC
whose responsibility is to
actively manage the
portfolio to improve rental
income and thus enhance
the value of the portfolio
over time.
Bisichi Mining PLC
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