WHO WE ARE
Wescoal, through its two divisions – Mining and Trading – is a coal-focused mining company incorporating mining, processing, selling and distribution of coal and coal-related products.
Post the 2019 financial year-end, Wescoal acquired a 50% interest in the empowering Arnot Mine from Exxaro. The group business now has coal resources in excess of 300 million tonnes, three operating mines, four processing plants and minor interests in coal supply chain infrastructure.
WHAT WE DO
The operating assets of the Mining division now consist of four mines (Arnot, Elandspruit, Vanggatfontein and Khanyisa) and four processing plants located in the Mpumalanga province. Growth projects within the Mining division include Moabsvelden, which is adjacent to Vanggatfontein.
The Trading division is a strategic distribution business that specialises in the supply of coal by road and rail and is made up of three depots countrywide and a logistics network covering South Africa.
Salient operational features (at 31 March 2021)
* Delivered first coal from Moabsvelden Mine.
* Project extension at Vanggatfontein to enable greater extraction.
- 4 operating mines
- Production of 7.724mt (FY20: 6.015mt)
- >10 years to life of mines
- 4 processing plants
- 214 employees
- Resources: 305mt (FY20: 306mt)
- 2410 contractors
- Reserves: 63mt (FY20: 69mt)
- Coal sales: 7.889mt (FY20: 6.313mt)