MINING & RESOURCES

INVESTMENT PORTFOLIO

In order to expand the mining footprint of Beryl Group, Beryl Coal was established. A majority black female owned entity – its strategic vision is to obtain various reserves and continue supply to the local market with a view to expand to the export market.

Beryl Group has, since 2010, been the strategic B-BBEE partner of Burgh Group Holdings by means of an equity share in Iyanga Mining and Eyethu Coal, a partner relationship which is ringfenced for the supply of coal to Eskom Holdings SOC Ltd. Beryl Coal is a Level 1 B-BBEE contributor which complies with the Broad-Based Black Economic Empowerment legislation, Codes of Good Practice as well as the draft Mining Charter. It is dedicated to sustainable transformation, growth and the development of the mining industry.

Snapshot

Eyethu Coal has been in existence since 2004. With this simple but powerful philosophy that states ‘Little things lead to success, but success is no little thing.’ The company constantly explores the Mpumalanga region of South Africa for new coal reserves, thus ensuring the future sustainability and ability of the company to supply coal into designated markets. The company now produces in excess of 20million tons of coal annually.

Eyethu Coal is a large supplier of coal to Eskom, as well as a major supplier of A Grade coal into the export market. Eyethu has six operational mines with expansion plans for several new operations under development.

In addition to this, Eyethu owns the Mooifontein Colliery, which houses two massive washplants that are run and managed by globally renowned Genet Mineral Processing Eyethu Coal has mining ventures with Anglo America, Glencore and Vitol.

Snapshot

Iyanga Mining focuses purely on the coal industry with operations in the Mpumalanga area and a key focus on the Delmas, Witbank and Middelburg Coal fields. By the beginning of 2017 Iyanga employed over 1 000 employees and mined over 500 000 tons of coal per month. The company has 3 operating mines ;Klipfontein Colliery,Welgelegen Colliery and Leeuwpoort Colliery.