The Waterberg Coal Joint Venture Partners (WCJVP) has completed a feasibility study into the development of an opencast mining operation to produce 10 Mtpa of coal for Eskom for an initial term of 30 years.
The JORC-compliant coal resource of the Waterberg Coal Project Properties total resources has been measured at of 2.070 billion tonnes with total resources of 3.883 billion tonnes being covered under the tenements under a Mining Right. All of the coal deposits the subject of the study comprise of a declared a coal resource of 1.183 billion tonnes on the two farms Smitspan 306LQ and Massenberg 305LQ only, of which 1.004 billion tonnes is in the measured category.
A condition precedent of the CSA is for Eskom to complete a burn test on a bulk sample of approximately 200 000 tonnes of Product. Eskom has now taken delivery of this bulk sample for this purpose from Exxaro’s Waterberg Grootegeluk mine. It is expected that this product testing will be completed over the next few weeks.