CME centralian minerals limited

Its not a set area. Even if CME ended up with a garden...

  1. 3,815 Posts.
    Its not a set area. Even if CME ended up with a garden allotment, they would call it project Witbank. Basically there is so much land available in Mpumalanga, that it doesn't really matter which combination of available blocks CME obtain, as long as they get plenty of hectares.

    Mpumalanga produces 80-90% of South Africa's coal.

    In February CME signed of a letter of intent to purchase
    up to 70% of a substantial coal project situated in the Witbank and surrounding areas of the
    Mpumalanga Province.

    Project “Witbank” consists of two separate areas:

    1. The first and most significant is the Klipfontein 566 & 568 JR and Prinshof 2 IS coal
    project (2,435 ha); and

    2. The second being Trichardsfontein 140 IS coal project (1,387 ha).

    I will be taking a position tomorrow




 
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