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Uitkomst Colliery (70% owned). Uitkomst Colliery, located some 20km northwest of Utrecht and 23km northeast of Newcastle in the KwaZulu-Natal province, produces high-grade metallurgical and thermal coal. The colliery comprises an existing underground coal mine, with a planned 16-year life of mine, including the planned extension directly to the north of current operations. Uitkomst sells sized coal (peas) products and a 0 - 40mm product into the domestic metallurgical market for use as pulverised coal. The peas are supplied to local energy generation facilities. Uitkomst’s marketing strategy ensures that the colliery is positioned to take advantage of higher international coal prices with exposure to both South African rand and US dollar denominated sales.
| Ownership | 70% with the balance owned by Black Economic Empowerment partners that includes inter alia employees and local communities |
| Location | KwaZulu-Natal province, South Africa, 20km northwest of Utrecht and 23km northeast of Newcastle |
| Infrastructure | Accessible via a well maintained road network and railway lines |
| Status | Operational mine |
| Life of mine | 16 years, including the extension to the north |
| Product | ~0.4Mtpa of metallurgical and high grade thermal coal and high ash middlings product |
| Resources | 25.4Mt mineable tonnes in situ |
| Reserves | 14.4Mt mineable tonnes in situ |
| Mining method | Underground bord and pillar |
| Regulatory status | Full suite of authorisations |
| New order mining right | Granted in October 2013 for 10 years |
| Environmental Authorisation | Granted in October 2013 for 10 years |
| Integrated Water Use Licence | Granted in February 2011 for 10 years |
| Application to amend the water use licence for the development of the north adit submitted in 2017 |
| Abridged summary of JORC-compliant resources statement 30 June 2018 | JORC-compliant resources (measured, indicated and inferred)1 | ||
| Gross tonnes in situ (Mt) | Total tonnes in situ (Mt) | Mineable tonnes in situ (Mt) | |
| Uitkomst Colliery | 29.2 | 26.8 | 25.4 |
