South African coal miner Keaton Energy’s Moabsvelden project is now fully permitted, having already been awarded its mining right and environmental authorisation in terms of the National Environmental Management Act.
Moabsvelden is adjacent to Keaton Energy’s existing successful, long-life Vanggatfontein colliery and will benefit from shared infrastructure and reduced operating costs.
It is envisaged that some 4 Mtpa of coal will be produced from the combined operation.
“We are pleased that the integrated water-use licence has been awarded. We can now finalise off-take negotiations with the various parties who expressed an interest in purchasing coal from Moabsvelden,” says Keaton CEO Mandi Glad
“This in turn will allow the washing plant configuration to be finalised and funding for the development to be closed,” she adds.