FOUR COAL MINES/FARMS FOR SALE NEAR NEWCASTLE
The transaction consists of selling SITU reserves. The quantities of SITU reserves are as follows:
1. Colliery in the district of Colliery District Dannhauser
Blend Coking Coal : 4.620 Million Tons
2. Colliery in the district of Utrecht
Metallurgical Bit Coal : 21.990 million tons
3. Colliery in the District of New Castle
Top Seam : 34. 329 Million Tons
Middle Seam : 10.300 Million Tons
4. Colliery ion the district of New Castle
Bituminous : 2.200 Million Tons
Anthracite : 32.221 Million Tons
Total : 105.660 Million Tons
Another 145 000 million tons has been proven
Asking Price: R 300, 000, 000 (plus 10% commission)
Interested parties must submit profiles that show capacity (especially financial) to deal with transactions of this size.
Profiles must be emailed to mphuthi@empowermentsa.co.za
