Zimpande coal project

From Global Energy Monitor

The Zimpande coal project is a proposed coal project near Newcastle in South Africa’s KwaZulu-Natal province.

Location

The map below shows the exact location of the Zimpande coal project.

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Background

The Zimpande coal project, previously known as the Braakfontein or the Leeuw Braakfontein coal project, has been a proposed coal mine since at least 2011. It started out under the ownership of Keaton Energy Holdings, which was subsequently bought by Wescoal in 2017.[1]

In 2013, Keaton planned to increase output to about 5 Mt/yr by 2017 by developing the Braakfontein project, which was expected to produce 1.1 Mt/yr.[2] In 2015, Keaton reported that the Braakfontein project was on hold because of low coal prices.[3]

In 2018, multiple articles reported that Sitatunga Resources bought Braakfontein coal project, and renamed it Zimpande coal project.[4] [5] However, a 2019 article reported that "A third transaction also turned negative for Wescoal when it cancelled the sale of its non-core asset, the Leeuw Braakfontein Colliery. The potential buyer of Leeuw Braakfontein Colliery failed to fulfil certain regulatory approvals." [6]

Project Details

  • Sponsor:
  • Parent Company: Wescoal
  • Location: Near Newcastle, in Amajuba district, KwaZulu-Natal Province.
  • GPS coordinates: -27.7138429, 29.9927995 (exact)
  • Mine status: Proposed
  • Production Capacity: 1.6 Mtpa[3]
  • Total Resource:
  • Mineable Reserves: 0 Mt[7]
  • Coal type: Thermal
  • Mine Size:
  • Mine Type: open cast, underground
  • Start Year:
  • Source of Financing:

Resources and articles

Related GEM.wiki articles

References