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Syferfontein coal project, South Africa

5th June 2015

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Syferfontein coal project, Mpumalanga, South Africa.

Client
Sasol Mining.

Project Description
The Syferfontein project entails the development of a high-wall access into Block IV, delivering a 7.2-million-ton-a-year mine.

The project will include the construction of a 4 800 t/h, 1.5-km-long coal conveyer system.

Net Present Value/Internal Rate of Return
Not stated.

Value
R1.4-billion.

Duration
Construction on the project started in May 2013 and will likely be completed by July this year.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Sasol group media manager Alex Anderson, tel + +27 71 600 9605 or email alex.anderson@sasol.com.

 

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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