» » Featured Project: Boikarabelo Coal Mine, Limpopo

Featured Project: Boikarabelo Coal Mine, Limpopo

Boikarabelo Coal Mine, Limpopo

Description: The Boikarabelo coal project is located in the Waterberg area of the Limpopo Province. Boikarabelo has probable reserves of 744.8 million tonnes of coal – an increase of 108.8 million tonnes, making it one of the largest remaining coal deposits in the country. The Boikarabelo coal seam is between 20 metres and 30 metres below the surface, enabling low-cost, open-cut mining. The seam is between 120 metres and 130 metres thick, with zones of varying quality thermal and soft-coking coal. Phase 2, planned for 2018, will involve ramping up production to 20 million tons of product coal. The estimated capital cost for the project is $480 million.

Status: Underway

Industry: Mining

Region: Limpopo

Sector: Private

Value: R 100 million+

Timing: First coal production is expected in the first quarter of 2019.

Notes: Resgen said it had experienced a slight delay in financial close of the project. The mid-December approvals target represents a “slight slippage” in Resgen’s preferred timeline to develop the mine, but the company said that, if achieved, it meant financial close would likely be reached by March 2017, with the Boikarabelo mine producing its first coal in the first quarter of 2019.

If you are a valued Projects subscriber, you can find more details click here http://www.l2b.co.za/Project/Boikarabelo-Coal-Mine-Limpopo/8677

If you are interested in becoming one of our subscribers, please visit our website.
To view notes with screenshots on how to use our website, please visit our Wiki site.
To view more articles, please visit our blog.

Please follow and like us:

About Eldary Carpenter

I have been with Leads 2 Business for 5 years and absolutely love working for such a dynamic company. I started off as a Content Researcher in the Tenders Department before being promoted to Customer Relations.

Leave a Reply

Your email address will not be published. Required fields are marked *