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Coal Mine For Sale

Kwazulu - Natal (Kzn), KwaZulu - Natal, South Africa
Asking Price:
R700,000,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The coal industry employed 92,230 people in 2019 (86,647 in 2018), representing about 19% of total employment in the mining sector. 258.9 million tonnes produced in 2019 (253Mt in 2018) with total coal sales of R139.3 billion (R146 billion in 2018). Coal is a major source of electricity in South Africa.

The coal industry spent R61 billion procuring goods and services, most of it locally, thus contributing to the creation and maintaining of jobs in other industries. 70% of coal volume is consumed domestically and more than 70% of electricity demand is generated from coal power.

About this opportunity:
5,000ha, 2 Mines
99mil+ tons - minable coal.
A-Grade & Anthracite Coal.
40+ Years Lifespan Left. 1
5+ Years Opencast Lifespan Left.
Rail siding in place.
Off-take agreements in place.
Currently mining 170,000 tons per month.
Incl. Wash-Plant, scales, workshops, reserves etc.
All mining rights, licenses, permits and rehab agreements in place.
Geo & drilling reports, financials etc. in place

Contact us today for more information on this mining opportunity.

Business Operation

Trading hours:

Mon to Fri: 08:00 - 17:00
Sat: Closed
Sun: Closed

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