![Coal of Africa [logo]](/images/coalofafrica/logo-coal-of-africa-2.png){kind=logo}
Uitkomst Colliery, a thermal and metallurgical coal operation, is situated 20km northwest of Utrecht and 23km northeast of Newcastle in the KwaZulu Natal province. Following a period of continued operational underperformance and sustained cash losses, the Board has approved, in principle, the temporary suspension of mining and processing operations at Uitkomst Colliery, with an intended effective date of 01 March 2026, subject to completion of all required statutory, labour and regulatory processes.
Makhado Project (95% owned - 69% post-Black Economic Empowerment transactions; Industrial Development Corporation of South Africa Limited (5%)). MC Mining’s flagship Makhado hard coking and thermal coal project in the Soutpansberg coalfield in the Limpopo province is situated 36km north of the town of Makhado and 80km southeast of the Vele Colliery.
Vele Colliery (100% owned). 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.
Greater Soutpansberg Projects (74% owned). The Chapudi, Mopane and Generaal Projects comprise MC Mining’s longer-term coking and thermal Greater Soutpansberg Projects (GSP), situated in the Limpopo province and in the vicinity of the Makhado Project.
The presence of hard coking coal and the size of coal's resources, 2.4 billion tonnes in situ, is a differentiating factor from other coal junior mining companies.
|
Abridged summary of JORC-compliant resources and reserve statement 31 May 2012 |
JORC-compliant resources |
JORC-compliant reserves |
||
| Gross tonnes in situ (Mt) |
Gross tonnes in situ (Mt) |
Minable tonnes in situ (Mt) |
Reserves (Mt) |
|
| Vele | 795.7 | 672.9 | 362.5 | 325.6 |
| Makhado Project | 795.6 | 691.5 | 344.4 | 188.25 |
| Greater Soutpansberg Projects | 7,161.0 | 5,751.5 | 1,660.0 | - |
| Total | 8,752.3 | 7,115.9 | 2,336.9 | 513.85 |
