Vele Colliery

Vele Colliery is a semi-soft coking and thermal coal colliery in the Tuli Coalfield located 48km west of Musina in the Limpopo province of South Africa. The project has been on care and maintenance since 2013 and Vele’s processing plant will be modified to further process the Makhado Phase 1 coal. The Vele plant modifications consist of, amongst others, a new fines circuit comprising a Reflux Classifier in series with the existing spiral plant, low density secondary wash plant and a froth flotation plant to capture the ultra-fine coal. The modified Vele plant will be able to produce HCC and export quality thermal coal simultaneously.

Ownership 100%
Location Limpopo province, South Africa, 48km west of Musina
Infrastructure Power (Eskom), 55kms by road to Musina siding whereby coal can be railed to the Matola Terminal in Maputo, Mozambique
Status On care and maintenance since October 2013
Life of mine >50 years for opencast and underground mining
Product Semi-soft coking with the option of either thermal export or middlings coal
Resources 361.6Mt mineable tonnes in situ
Reserves 325.2Mt mineable tonnes in situ
Mining method Opencast followed by underground mining
Regulatory status Full suite of authorisations
New order mining right Granted in February 2010 for 30 years
Environmental Authorisation Granted in January 2016 for the life of the mine
Integrated Water Use Licence Amended in January 2017 and valid for 20 years

Resource and Reserve statement

Abridged summary of JORC-compliant resources and reserve 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)
Vele 794.0 671.3 361.6
  1. Resources are as at 30 June 2018 based on reliable exploration and mining results (where appropriate) and accurately estimated using industry best practice standards of modelling. The Resources have been correctly classified according to the JORC Code (2012).

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