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New Largo coal mine project, South Africa

7th March 2014

  

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Name and Location
New Largo coal mine project, Mpumalanga, South Africa.

Client
New Largo is owned by Anglo American Inyosi Coal, a black economic–empowerment (BEE) company, held by Anglo American (73%) and the Inyosi Consortium (27%).

Project Description
New Largo is planned to be an opencast mine in the Witbank area and is expected to produce 11-million tonnes a year of thermal coal to supply Eskom’s 4 800 MW Kusile power station, which is currently under construction.

The project will include a conveyor from Anglo American Inyosi Coal’s Phola processing plant to Kusile.

Key mining and associated amenities planned for New Largo include the opencast mine pit; draglines; crushing plants; trucks and large electric shovels; conveyor belts and tips; coal stockpiles; access roads; haul roads; overburden disposal facilities; stormwater and process water management services, with pollution control and balancing dams; a water treatment unit to treat water pumped from the old underground mine workings and contaminated water from the proposed new operations; power lines; and substations.

Value
Not stated.

Duration
Not stated.

Latest Developments
The 11-million-tonne-a-year New Largo project has reached the feasibility stage and engagement with Eskom to finalise the coal supply agreements is ongoing.

The project is expected to be presented for board approval once the necessary permits have been obtained for the first and second stages of the project. The coal supply and other commercial agreements have been concluded.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
The project has not yet been approved.

Contact Details for Project Information
Anglo American media relations, Hulisani Rasivhaga, tel +27 11 638 9811 or email Hulisani.Rasivhaga@angloamerican.com.

Edited by Creamer Media Reporter

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