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Anglo American sale of New Largo thermal coal project in .

Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal Proprietary Limited (the "Purchaser"), which is owned by Seriti Resources Proprietary Limited ("Seriti") and .

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New Largo coal mine - SourceWatch

It provides coal to the mine-mouth Kusile Power Station. In 2018, it was sold by Anglo Coal for $65 million to New Largo Coal Proprietary Limited, a consortium made up of Black-majority-owned companies Seriti Resources and Coalzar, as well as the Industrial Development Corporation of South Africa.

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new largo coal mine project south africa - badkamerallin

Africa Mining IQ, a leading mining information source on coal mines in South Africa, lists the New Largo Project surface mine, and the Mafube Colliery as the largest coal mines in South Africa. The Mafube Colliery supplies 1.1 million tonnes of coal yearly. Read More >

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Anglo American sale of New Largo thermal coal project in .

Jan 30, 2018 · Anglo American plc announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, “New Largo”) to New Largo Coal Proprietary Limited (the “Purchaser”), which is owned by Seriti Resources Proprietary Limited (“Seriti”) and Coalzar Proprietary Limited .

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Anglo American completes sale of New Largo thermal coal .

Anglo American plc (“Anglo American”) announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, “New Largo”) to New Largo Coal Proprietary Limited, which is owned by Seriti Resources Proprietary Limited (“Seriti”) and Coalzar .

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Anglo to sell New Largo to Seriti-led consortium for R850m .

Jan 29, 2018 · ANGLO American confirmed it had sold New Largo, a thermal coal project in South Africa’s Mpumalanga province, to Seriti Resources, a consortium, which will be joined as shareholder by the Industrial Development Corporation (IDC) and Coalzar, a company in which entrepreneurs Pius Mokgokong and Lefa Mbethe are members. Seriti is currently waiting for Eskom to

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Anglo’s new Largo Project considered in coal-mine sale .

Feb 08, 2017 · The New Largo project is located in South Africa’s eastern Mpumalanga province near Eskom’s Kusile power plant, which will be the utility’s biggest once its completed. Anglo expects the mine to produce about 570 million metric tons of coal for Kusile over a

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Author: Phila Mzamo

Coal Mines in South Africa - Projects IQ Homepage

Africa Mining IQ, a leading mining information source on coal mines in South Africa, lists the New Largo Project surface mine, and the Mafube Colliery as the largest coal mines in South Africa. The Mafube Colliery supplies 1.1 million tonnes of coal yearly.

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Seriti is a South African resources group with an ambition .

Together with its partners, Seriti intends to develop its New Largo project into a large-scale, opencast coal mine capable of providing the base load fuel requirements for Kusile Power Station. Seriti is co-owned by four anchor shareholders Community Investment Holdings (CIH), Masimong, Zungu Investments (Zico) and Thebe.

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Coal Mining in South Africa - Projects IQ

The Mafube Colliery project is recorded by Africa Mining IQ to produce 1.1 million tonnes of coal per year for supply to the Arnot Power Station in Mpumalanga, making it worth ZAR 16 billion over its lifespan the largest coal mining in South Africa project currently underway.

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Anglo’s new Largo Project considered in coal-mine sale .

Feb 08, 2017 · The New Largo project is located in South Africa’s eastern Mpumalanga province near Eskom’s Kusile power plant, which will be the utility’s biggest once its completed. Anglo expects the mine to produce about 570 million metric tons of coal for Kusile over a

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Anglo American sale of New Largo thermal coal project in .

Jan 29, 2018 · Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal Proprietary Limited (the "Purchaser"), which is owned by Seriti Resources Proprietary Limited ("Seriti")

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Anglo’s New Largo Project Considered in Coal-Mine Sale .

Feb 08, 2017 · Anglo American Plc may sell its New Largo project in a package with three other coal mines that supply South Africa’s power utility, as the company moves forward with plans to scale down operations. State-owned Eskom Holdings SOC Ltd. is discussing with Anglo the sale of the New

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Anglo American : completes sale of New Largo thermal coal .

Notes to editors: New Largo New Largo is located in South Africa and its principal asset is the approximately 585Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom's new Kusile Power Station.

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Anglo American sells New Largo thermal coal project in .

New Largo’s principal asset is the approximately 585 Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom’s new Kusile power station. Norman Mbazima, Deputy Chairman of Anglo American South Africa, said: “I am delighted to announce the sale of New Largo to a new majority black-owned-and-managed company.

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Anglo American sells New Largo thermal coal project in SA .

Jan 29, 2018 · JOHANNESBURG - Anglo American plc on Monday announced the sale of the New Largo thermal coal project and Old New Largo closed colliery in South Africa to New Largo Coal, a consortium owned by is owned by Seriti Resources and Coalzar, for

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Anglo American sells its New Largo thermal coal project .

Jan 29, 2018 · Anglo American has sold a thermal coal project in South Africa, as the company exits the coal industry and empowers local ownership. The New Largo thermal coal project will be sold to New Largo Coal Proprietary Limited which is owned by

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Anglo American completes sale of South African thermal .

A subsidiary of the diversified miner, Anglo American Inyosi Coal, sold its 73% in the New Largo coal project which included the New Largo thermal coal project and Old New Largo closed colliery, to New Largo Coal Proprietary. New Largo Coal Proprietary is owned by Seriti and Coalzar, both of which are majority owned by historically .

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Project: New Largo Colliery, Mpumalanga | L2B

PPA 4332 Anglo Coal South Africa is currently investigating the feasibility of developing an open cast coal mine on the New Largo reserves in the Kendal/Balmora . There are 113 Subscribers monitoring this project . . Anglo Coal South Africa is currently investigating the feasibility of developing an open cast coal mine on the New Largo .

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Anglo mulling new coal mine in South Africa - Mining Weekly

Diversified major Anglo American was giving consideration to the building a new thermal coal mine in South Africa, CEO Mark Cutifani has revealed. Anglo American Coal already has ten coal mines in South Africa, which produce 59.2-million tons of coal a year, 16-million tons of which are exported.

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Anglo American continues SA coal exit with R850m New Largo .

Jan 29, 2018 · Johannesburg - Anglo American has agreed to sell its New Largo coal project in South Africa to a group of black-controlled companies, bringing it closer to an exit from operations designed to supply coal to the country’s power plants. Anglo will sell New Largo to Seriti Resources, Coalzar, and .

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Anglo mulling new coal mine in South Africa - miningweekly

Diversified major Anglo American was giving consideration to the building a new thermal coal mine in South Africa, CEO Mark Cutifani has revealed. Anglo American Coal already has ten coal mines in South Africa, which produce 59.2-million tons of coal a year, 16-million tons of which are exported.

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Anglo American concludes sale of three coal mines in South .

Partly because of that pressure, Anglo has been selling coal assets that exclusively supply the state-owned power utility, including the New Largo mine, also bought recently by Seriti, which is led by Mike Teke, chairman of South Africa’s Chamber of Mines.

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Anglo American sale of New Largo in South Africa Company .

Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal

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Anglo American concludes sale of three coal mines in South .

Partly because of that pressure, Anglo has been selling coal assets that exclusively supply the state-owned power utility, including the New Largo mine, also bought recently by Seriti, which is led by Mike Teke, chairman of South Africa’s Chamber of Mines.

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Anglo American sale of New Largo in South Africa Company .

Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal

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Anglo American sale of New Largo thermal coal project in .

Anglo American plc ("Anglo American" or the "Company") announces the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, "New Largo") to New Largo Coal Proprietary Limited (the "Purchaser"), which is owned by Seriti Resources Proprietary Limited ("Seriti") and .

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Anglo said to receive bid for New Largo Coal from Seriti .

May 23, 2017 · Anglo American has received a bid for its New Largo project in South Africa, as the company continues efforts to exit local operations designed to supply coal to domestic power plants, according to two people familiar with the process. Seriti Resources Holdings, which

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IEEFA South Africa: A New Coal Project Meant to Serve .

A proposal to develop a new, export thermal coal mine in Limpopo province, South Africa, faces too many headwinds to ever achieve long-term success. Resource Generation (ResGen), a company that is publicly listed in Australia and South Africa, plans to mine coal mostly for exports markets from its Boikarabelo project. The company also says it

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Anglo said to receive bid for New Largo coal from Seriti .

May 22, 2017 · Anglo American has received bids for its New Largo project in South Africa, as the company continues efforts to exit operations in the country that supply coal to

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Anglo Continues South Africa Coal Exit With New Largo Sale

Jan 29, 2018 · Anglo American Plc agreed to sell its New Largo coal project in South Africa to a group of black-controlled companies, bringing it closer to an exit from operations designed to supply coal

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Seriti buys Anglo coal assets | IOL Business Report

Apr 11, 2017 · Johannesburg - Mining company Seriti Resources has set its sights on the New Largo thermal coal project in Mpumalanga after snapping up Anglo American’s New Vaal, New Denmark and Kriel coal .

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Anglo American : completes sale of New Largo thermal coal .

Anglo American plc ('Anglo American') announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa (together, 'New Largo') to New Largo Coal Proprietary Limited .

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Kusile Power Station - SourceWatch

The Kusile Power Station (formerly known as the Bravo Power Station) is a proposed 4,800-megawatt (MW) coal-fired power station in South Africa.Unit 1 of the power station is operating with 800MW capacity, as of 2017. Both Kusile and Eskom's Medupi power station are long-delayed from the initially planned April 2011 commissioning date.

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Kusile Power Station - Wikipedia

Coal supply. In the minutes of a stakeholder briefing, Eskom stated that it "will obtain most of the coal required for Kusile Power Station from Anglo Coal's New Largo operations, south east of the Kusile Power Station.". Eskom’s consultants estimate that 35 new coal mines will be required to support the Medupi and Kusile plants.

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Anglo sells New Largo coal assets | Global Mining Review

Jan 29, 2018 · Anglo American through its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Ltd, has sold the New Largo thermal coal project and Old New Largo closed coal mine in South Africa to New Largo Coal Proprietary Ltd, which is owned by

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Commodities Buzz: Anglo American Completes Sale Of New .

Anglo American plc announces completion of the sale, by its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited, of the New Largo thermal coal project and Old New Largo closed .

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Anglo American Sells New Largo Thermal Coal Project In .

(RTTNews) - Anglo American plc (AAUKY.PK, AAL.L) announced Monday that its 73%-held subsidiary Anglo American Inyosi Coal (Proprietary) Limited has made the sale of the New Largo thermal coal .

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