Mining starts at Wescoal's Elandspruit

9 July 2015

 

Wescoal Mining Proprietary Limited, a subsidiary of Wescoal Holdings Limited, has appointed Diesel Power Open Cast Mining Proprietary Limited as the mining contractor for its new Elandspruit Mine in Mpumalanga.


Acting CEO Waheed Sulaiman says mining activities have commenced and Elandspruit will produce its first Run of Mine during July 2015. The mining division is on track to produce approximately 335 000 tons of Run of Mine per month during the final quarter of the current financial year equivalent to approximately 4-million tons of Run of Mine on an annualised basis.


Wescoal Holdings Limited mines, processes, supplies, sells and distributes coal.  It is listed on the main board of the JSE and its key strategic thrust is to be a leading junior coal miner with a sustainable resource base and a coal trading operation


Caption: Acting Wescoal Holdings Limited CEO, Waheed Sulaiman

 

Wescoal Holdings Ltd
Waheed  Sulaiman (Acting CEO): 011 570 5800
Website: www.wescoal.com
Investor Relations
Jacques de Bie, Senior Manager, IR
Singular Systems - 082 691 5384

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Wren Mast-Ingle                               
Tel: 072 663 3926                               
Email: info@Mi5.co.za                             

 

Issued by Mi5 on behalf of Wescoal Holdings