Mining is increasing, both for export and for local power production, and industry in the region is expected to expand. Alliance resource partners will have to withstand some fierce headwinds in the energy markets if it wants to keep paying dividends over. Resgen south africa pty ltd, waterberg one coal pty limited, resgen sa farms. Dec 19, 20 sens announcement for the waterberg coal company ltd change of share registry notification sens.
Challenges associated with further development of the. Firestone and waterberg coal co, partners in south africas waterberg thermal and coking coal jv, plan to fasttrack discussions with new potential partners following the collapse of a financing and offtake deal with sibanye gold. Ppa 6879 development of a smallscale coal mining operation in south africas waterberg region, in limpopo province. There was no entity beginning with the name waterberg coal company. The waterberg coal company limited page 2 of 3 loan until the recapitalisation is completed so as to avert the above. Waterberg coal company limited mining business media. The company holds mining rights in coal mining tenements, including.
Less than 200 km north of pretoria, the majestic waterberg plateau rises. The platform is entirely dedicated to african stock markets with the added functionality of access to historical data that include share price, market performances, trade volume and daily news. Call them naive optimists, or snowflakes, but its a sense. A dissertation submitted to the faculty of engineering and the built environment, university of the witwatersrand, in fulfilment of the requirements for the degree of masters of science in engineering. The grootegeluk formation in the waterberg coalfield, south. Our financial licence obligation requires you to register before we can display any licenced content. The waterberg coalfield coalmudstone beds, which are generally laterally persistent over several kilometres, occur predominantly in the 150 k. Despite a pricing rally and recovery in the share price of the remaining coal miners that havent gone belly up, the industrys future still looks stark. To add insult to injury, lots of children are perennially reminded theyll get a lump of coal if they misbehave. The grootegeluk formation in the waterberg coalfield.
It describes, for the first time, the archaeological record, conflicts. Mr mcmaster was a director of the waterberg coal company. A small percentage of the coal can be processed to a high quality product blend coking coal or pulverized coal injection pci coal that can possibly be considered for export or use in remote areas. It has a stake in the waterberg coal deposit in the ellisras basin and hold tenements in. Other mining activities include iron ore mining in the thabazimbi area, and extensive platinum reserves in the mokopane and northham areas, which has been earmarked for future exploration. You may have entered the name incorrectly or the entity you are searching for may have changed its name. You will also enjoy some exclusive features of including our. Some of the information contained in this presentation. The waterberg coal company limited wcc company financials. So, naturally, coal seems like a great place to shop for contrarian investment. Sens announcement for the waterberg coal company ltd change of share registry notification sens. Buy coal shares view live share price, latest earnings. This page was last edited on 15 january 2020, at 15.
Join the hotcopper asx share market forum today for free. As data gatherers for over 30 years, mining intelligence is your trusted resource to put critical and timely information at your fingertips. Neither the waterberg coal company limited nor any other person warrants the future performance of the waterberg coal company limited or any return on any investment made in the waterberg coal company limited. Richard wadley is a retired geologist and mining company executive. Revenue share book value per share capital spending net profit margin. Try entering the entitys name again, otherwise see help with entity and price searches for assistance with name andor asx code changes. Although coal is present in namibia, there are no operating coal mines in the country. Because itcontains 90% vitrinite, itis suitable fordirect liquefaction, and possibly coalwater mixtures.
Sharenet your key to investing on the jse securities. Hotcopper has news, discussion, prices and market data on the waterberg coal company limited. Resgens boikarabelo coal mine is one of 10 new mines proposed for the waterberg. Elsevier international journal of coal geology 29 1996 147186 the grootegeluk formation in the waterberg coalfield, south africa. Join in the conversation surrounding the construction industry, and share your comments.
The waterberg coalfield has been estimated to hold about 50 billion tons, of which about a quarter could be extracted using opencast mining. Sekoko intends to resuscitate scaled down waterberg project. Eskom agrees temporary coal price with south32 which targets sale of saec by december. Buy coal shares view live share price, latest earnings 2020. The waterberg coal company limited 065 480 453 winding up. This report is meant to provide more information to the waterberg district municipality on.
It owns interest in the boikarabelo coal mine located in the waterberg region of south africa. Coal of africa limited is an emerging coal company primarily focused on the acquisition, exploration, mining and responsible development of thermal and cokingcoal projects in south africa. Coal mining companies listed in all countries categorycountry filter. Provider of financial market data, news, analysis and research with a focus on africa. Comprehensive list of coal companies listed in all countries, including company profiles, charts, stock quotes, news and user commentary. Talks for waterberg coal project development ongoing wcc. Coal deposits are found deeply buried though in the aranos coalfield. Addition of 60 million ty environmental impact of coal dumps.
The company is a participant in the waterberg coal project wcp joint venture. In this journey, dependence on a single market or country has been overcome. Can this coal companys highyield dividend even survive. Content is available under creative commons attributionnoncommercialsharealike. Transnet signs deal to help unlock waterberg coal businesslive. This coal could also beused for other markets, as waterberg coal is low in oxygen, contains up to 30% volatile matter. Sens announcement for the waterberg coal company ltd change of share registry. The waterberg coal company limited wcc profile and. The waterberg coal company limited does not make any recommendation to investors regarding the suitability of any securities and the recipient must make its own assessment andor seek independent advice on financial, legal, tax and other matters, including the merits and risk involved, before making any. Mr mcmaster was a director of the waterberg coal company appointed 12 april 2012, resigned 17 march 2014, firestone energy limited appointed 14 june 20, resigned 18 march 2014. The waterberg coal company is a perthbased mineral company with coal assets in south africa and south australian coal and minerals.
Coal develops from peat, a substance that is formed from dead plants. The waterberg coalfield is an extensive deposit of coal in the ellisras basin in south africa, lying mostly in the waterberg district municipality of the limpopo province. The waterberg is being touted as south africas new coal frontier to replace declining. The coal measures of the waterberg coalfield occur in the volksrust and vryheid formations of the karoo supergroup, these formations and. We provide exceptional share analysis and advice on asxlisted securities, and have a. Our goal is to deliver and provide the latest news and analysis on economies, companies and industries in the region. Ltd the waterberg coal company is a mineral explorer company based in west perth, australia with 6 assets in 2 countries. How has resource generations share price performed over time and what events caused price changes.
Unlock indepth intelligence about the waterberg coal co. Perthbased company focused on development of the waterberg coal project jv in the limpopo province. However, any increase in the production of export coal would have to be matched by an increase in the market. Wcc jse wcc share price, pe, sector peers, directors, sens news and share price charts and comparisons on. Eventually the peat turns into coal, a combustible sedimentary rock. The waterberg coal company limited 065 480 453 winding.
This coal could alsobeused for other markets, as waterberg coal is low in oxygen, contains up to 30% volatile matter. Its largest shareholder is the public investment corporation, which holds a 14% stake. Deposits are also found in ovamboland, waterberg and toscanini areas. Once underground it is subjected to enormous pressure for thousands or millions of years. This coal could alsobeused for other markets, as waterberg coal is. The waterberg coalfield is currently supplying coal for coke manufacture andmiddlings forpower generation. We provide exceptional share analysis and advice on asxlisted securities, and have a long history of. The waterberg coal company limited is the lead and managing partner in the waterberg coal project joint venture, situated in the limpopo province, south africa. Watererg oals development plans 3rd waterberg coal conference. Challenges associated with further development of the waterberg coalfied as a feed coal for a sasoltype operation.
A planned rail link to the waterberg coal fields could eventually handle up to 80 million tons of coal a year if there was enough demand, the head of the freight rail unit at. The coal fields at lephalale also currently fuels a number of eskoms power stations. Sourcewatch is a project of the center for media and democracy cmd. The coal ischaracterised bycontaining ahighproportion of reactive macerals. Following two previous and highly successful conferences in the waterberg, the purpose of this third conference is to update delegates on the latest developments and opportunities available in the waterberg coalfield. The forecast however looks highly unpredictable, and purchase of coal of africa shares is a prospect only for bold investors. The waterberg coal company limited wccasx asx share price. Coal supplies over 90% of south africas electrical energy power requirements. Operating mostly in the limpopo province, coal of africa owns three operating collieries, including one in buildup phase, as well as coking and thermal coal resources in evaluation phase. The principal activity of the waterberg coal company are coal and mineral exploration in south africa and mineral exploration in south australia the company has a primary listing on the asx and a secondary listing on the jse.
The waterberg coal company ltd change of share registry. The waterberg coal company changed its name from range river gold limited in 20. Coal india stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. Company details, current status, share prices, market announcements, previous names, news and events, former or subsequent names. This may have significant impact on the dry and fragile limpopo basin ecosystems. Oct 07, 2011 a planned rail link to the waterberg coal fields could eventually handle up to 80 million tons of coal a year if there was enough demand, the head of the freight rail unit at transnet said yesterday. Given that the see through interest in the assets is effectively. Analysis of technical factors for underground mining of deep waterberg coal resources carnegie kelello chabedi. It has a stake in the waterberg coal deposit in the ellisras basin and hold tenements in the gawler craton in south australia. Sekoko resources, an unlisted blackowned mining investment.