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Salungano Group Ltd

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R 750.00(ZAR) estimated $ 45.12 (USD)*

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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. • Mining division comprises 4 mines, namely Elandspruit, Khanyisa, Vanggatfontein and Moabsvelden, and 4 processing plants, including the Wescoal and Vanggatfontein processing plants located in Mpumalanga • Trading division is made up of 3 depots and a logistics network covering South Africa. Coal products are distributed to clients in the power generation, manufacturing and petro-chemicals sectors Mining operations include: • Elandspruit Colliery is located 8 kilometres west of Middelburg in Mpumalanga and has a life of mine (LoM) of 5 years. The mine has a resource of 14.65 million tons and a reserve of 14.06 million tons. • Khanyisa Complex Colliery is located 10 kilometres west of Ogies in Mpumalanga and has a LoM of 3 years. The mine has a resource of 2.98 million tons and a reserve of 2.44 million tons. • Vanggatfontein Colliery is located 16 kilometres south-east of Delmas in Mpumalanga and has a LoM of 7 years. The mine has a resource of 28.8 million tons and a reserve of 24.82 million tons. Latest projects: • Moabsvelden Colliery is located 11km south-east of Delmas in Mpumalanga with an Opencast truck and shovel mining method and has a LoM of 10 years. The mine has a resource of 30.65 million tons and a reserve of 28.72 million tons. • Arnot Mine (50% joint venture) in final stages with production projected to commence mid 2022.