Project overview
About this development
Seriti Resources acquired the New Largo Colliery from Anglo Coal and is currently investigating the feasibility of developing an open cast coal mine on the New Largo reserves in the Kendal/Balmoral area, located between Witbank, Bronkhorstspruit and Delmas in the Mpumalanga Province. The project would comprise a new opencast mine, as well as a conveyor from the existing Phola processing plant to the 4 800 MW Kusile power station. The main purpose of the mine will be to supply coal to a new power station that Eskom proposes to build nearby. Life of this mine is estimated at 44 years with estimated projected annual output between 14 and 15 million tons of thermal coal. New Largo project would supply approximately 570 million tons of coal to Eskom’s Kusile power station in Mpumalanga over a 47 year period. Estimated project value : $1.7 billion. GPS coordinates lat: -25.966667; long: 28.966667.
Project at a glance
New Largo Colliery is located in Mpumalanga. The project is classified in the Private sector. Its current recorded stage is Procedural. The recorded project value is R 200 Million+.