new largo coal mine project south africa

Seriti to conclude acquisition of SAEC from South32

Together with its partners, Seriti intends to develop its New Largo project into a large-scale, opencast coal mine capable of providing the base load fuel requirements for Kusile Power Station. Seriti is co-owned by four anchor shareholders – Masimong Group Holdings (Masimong), Community Investment Holdings (CIH), Zungu Investments …

Seriti to construct 155 MW wind farm in Mpumalanga

Seriti's subsidiary, Seriti Coal operates three large-scale, opencast and underground thermal coal mines – the New Vaal, New Denmark and Kriel collieries, which respectively supply Eskom's Lethabo, Tutuka and Kriel power stations. The New Largo mine is currently under development, to meet the needs of the adjacent Kusile power …

New Largo Coal

New Largo Coal intends to develop the New Largo Mining right into a large scale, long life coal mine in order to supply ~12 Mtpa coal to Eskom's Kusile Power Station over a 50 …

NEWS RELEASE

New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom's …

Anglo sells New Largo thermal coal project in South Africa

Anglo pockets R850million (P663m) Gazette Reporter Botswana Stock Exchange (BSE) listed mining giant, Anglo American plc has completed the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa. The sale was conducted through Anglo American's 73 percent held subsidiary, Anglo …

NEWS RELEASE

Anglo American sale of New Largo thermal coal project in South Africa Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held ... Seriti is a broad-based, majority HDSA-owned and controlled South African mining company, established with the aim of preserving and operating strategic energy assets for ...

New Largo Coal Mine

Anglo American (LON:AAL) continues to exit the South African coal sector after announcing the sale of its New Largo mine to …

Matla life-of-mine projects, South Africa – update

The LoM projects will enable Matla mine to produce 10.06-million tons a year by the third quarter of 2024 for an approved budget of R3.37-billion. Four projects must be delivered to secure the 10. ...

Careers

Careers. In 2020, Seriti employed around 7,600 people (3,800 permanent employees and 3,800 contractor employees) and is committed to growing our workforce by upskilling the youth from the communities surrounding our mines. As a proudly South African company, attracting and retaining local people is critical for our company's long …

Anglo to sell New Largo to Seriti-led consortium for R850m

January 29, 2018. ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa's Mpumalanga province, to Seriti Resources, a consortium, which will be joined as shareholder by the Industrial Development Corporation (IDC) and Coalzar, a company in which entrepreneurs Pius Mokgokong and Lefa Mbethe are members. …

Anglo American completes sale of New Largo thermal coal …

01 August, 2018. Anglo American plc ("Anglo American") announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New …

Anglo American concludes sale of three coal mines in South Africa

The deal includes the New Vaal, New Denmark and Kriel mines, as well as various mine life extension projects, which supply about 24 million tonnes a year of coal to Eskom. Collectively, those three plants account for almost 25% of …

Coal mines in South Africa | Projects IQ

Africa Mining IQ (AMIQ), the leading mining info source on coal mines in South Africa and coal mines in Africa, lists the New Largo Project surface mine, and the Mafube Colliery as the largest coal mines in South Africa. The Mafube Colliery supplies 1.1 million tonnes of coal annually and supplies Mpumalanga's Arnot Power Station.

New Largo

New Largo, which has a resource of 585Mt, has the potential to become a large-scale, long-life coal mine, able to supply Eskom's adjacent Kusile power station and Seriti's …

Anglo American completes sale of South African thermal coal mine

Anglo-South African miner Anglo American has completed the sale of its share in the New Largo thermal coal project in South Africa it said late Wednesday. S&P Global Commodity Insights. S&P Global; S&P Dow Jones Indices; S&P Global Market Intelligence; S&P Global Mobility;

Home

Seriti is a broad-based, 91% black-owned and controlled South African energy company, underpinned by coal. Seriti is a Sesotho word, meaning integrity. It is also the word for the shadow or aura that people cast as they go through life, a shadow that grows through good deeds. At Seriti, we are constantly aware of the shadow we cast and of the ...

Employee & community trusts

Employee & community trusts. In each of the companies within the group that hold mining rights, namely Seriti Coal, Seriti Power and New Largo Coal, Seriti Resources has allocated an unencumbered shareholding of 5% to trusts established for the benefit of employees and 5% to trusts established for the benefit of the members of communities ...

Who we are

Seriti is a broad-based, 91% black-owned and controlled South African mining company co-owned by four anchor shareholders: Masimong Group, Thebe Investments, Zungu Investments (Zico) and Community Investment Holdings (CIH). Our subsidiary, Seriti Coal, operates three large-scale, opencast and underground thermal coal mines – the New …

Anglo American sells its New Largo thermal coal project for …

New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom's new Kusile Power Station. Related stories: Minerals targets 2019 construction at Rosemont Mine. The African National Congress and South …

Air quality impacts of the New Largo coal mine

These activities lead to the emissions of PM 2.5 into the atmosphere, and in South Africa, energy production from coal is the single largest source of PM 2.5. ... In this study, CREA looked at the New Largo coal mine, which includes two pits in operation (Pits D and H) and one pit that is due to commence in the future (Pit F). In the original ...

Anglo American sells its New Largo thermal coal …

Anglo American has sold a thermal coal project in South Africa, as the company exits the coal industry and empowers local ownership. The New Largo ther...

The Needless Struggle in South Africa

Coal is, according to the Chamber of Mines, by far the most important South African mining segment. In 2012, coal accounted for 46% of domestic mining commodity sales, as well as 19% of total mining export sales of nearly $30 billion. ... Crucially, Anglo will be looking to finalize its giant New Largo project in the north of the …

Anglo completes sale of New Largo to Seriti

Anglo American subsidiary Anglo American Inyosi Coal has completed the sale of the New Largo thermal coal project and the closed Old New Largo colliery, in South Africa, to New Largo Coal, which ...

New Mining Projects in Africa| Mine Project Info

Harmony Gold. Based in Carltonville, South Africa, it is an underground gold mine, formerly known as Elandskraal Mine. A depth of 3 388 m below surface, makes it the fifth deepest mine in the world. The mine produces 15 to 20 kilograms of gold per day. Driefontein Gold Mine.

Mining Weekly

Menar coal and anthracite projects. Gauteng, KwaZulu-Natal and Mpumalanga, in South Africa. Menar, through its subsidiaries Kangra and Canyon Coal. Menar, through its subsidiaries, expects to ...

Tribunal approves Seriti's buyout of IDC's New Largo shares

New Largo Coal is a jointly controlled entity between Seriti Resources (67.5%) and the IDC (22.5%) and holds the New Largo mining right over a resource of 585-million tonnes of coal, in Mpumalanga.

South Africa Seriti Resources tightens its grip on New Largo…

On 13 May, Seriti Resources received the green light from the South African competition authority to become the only proprietor of the massive New Largo coal project in Mpumalanga province. Until it bought out all the shares in early 2022, Seriti shared ownership of New Largo Coal, the entity that holds the mining rights, with the …

Anglo American sells New Largo thermal coal project in South Africa …

New Largo's principal asset is the approximately 585 Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom's new Kusile power station. Norman Mbazima, Deputy Chairman of Anglo American South Africa, said: "I am delighted to announce the sale of New Largo to a new majority black-owned-and …

Anglo American concludes sale of three coal mines in South Africa

Anglo American (LON:AAL) has completed the sale of three Eskom-tied thermal coal operations in South Africa to Seriti Resources, a group of black-controlled companies for R2.3 billion (about $164 ...

Anglo American completes sale of New Largo thermal coal project …

01 August, 2018. Anglo American plc ("Anglo American") announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal Proprietary Limited, which is owned by ...

Suppliers

8,400 permanent, 9,600 contractors. On target. to fulfill our SLP commitments. 50 years. estimated supply from New Largo to Seriti's various coal markets. 32%. of Eskom's electricity is generated from our coal.

New Largo coal mine project, South Africa

The 11-million-tonne-a-year New Largo project has reached the feasibility stage. https:// Search. Enter your search term *Limited to most recent 250 articles

Anglo sells New Largo coal assets | Global Mining Review

Anglo American through its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Ltd, has sold the New Largo thermal coal project and Old New Largo closed coal mine in South Africa to New Largo Coal Proprietary Ltd, which is owned by Seriti Resources Proprietary Ltd and Coalzar Proprietary Ltd, two companies majority owned …

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