SALUNGANO GROUP LTD

SALUNGANO GROUP LTD Organogram

Salungano Group Ltd is a holding company involved in the investment and management of its subsidiaries engaged in the mining, processing and trading of coal.

The group is organised into business units based on their products and activities and has four operating segments:
• The Mining segment explores, beneficiates and mines bituminous coal;
• The Trading segment buys and sells coal to inland customers;
• The property rental segment rents property to other segments within the group; and
• The investment holding segment is the holding company of the group and also acts as a central treasury function

Mining operations include:
• Elandspruit Colliery is located 8 kilometres west of Middelburg in Mpumalanga and has a life of mine (LOM) of 2 years. The mine has a resource of 7.65 million tonnes and a reserve of 6.51 million tonnes.
• Vanggatfontein Colliery is located 16 kilometres south east of Delmas in Mpumalanga and has a LOM of 5 years. The mine has a resource of 23.16 million tonnes and a reserve of 16.63 million tonnes.
• Moabsvelden Colliery is located 11 kilometres south east of Delmas in Mpumalanga with an opencast truck and shovel mining method and has a LOM of 8 years. The mine has a resource of 25.3 million tonnes and a reserve of 23.4 million tonnes.
• Arnot Mine (45%) The mine has a total reserve of 190 million tonnes.
• Khanyisa Colliery, located around 7km east of the town of Ogies, the Elandspruit Colliery, located 8km west of the town of Middelburg, and Arnot Colliery, located approximately 20km east of the town of Middelburg. The company’s Sterkfontein Project is located near the town of Bethal. The mine has a resource 2.37 million tonnes.


Projects:
• Leeuw Braakfontein Colliery is located approximately 10 kilometres east-south-east of Newcastle in KwaZulu-Natal on the Klip River Coalfield.
• Sterkfontein Project is located approximately 5 kilometres south west of Bethal in Mpumalanga and is an underground bord and pillar prospect that targets No 4 Lower and No 4 Upper of the Highveld Coalfield.
• Braakfontein and Rietkuil Project (Vanggatfontein extension), located approximately 18 kilometres south east of Delmas in Mpumalanga and contiguous to the Vanggatfontein Colliery.