Khanyisa

Key Facts
Status: Producer
Type of Work: Open-Pit
Location: Mpumalanga, South Africa
                 81 km East of Johannesburg

Commodities: Coal
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Latest Information
January 7, 2011
KHANYISA ACQUISITION ANNOUNCED
January 7, 2011
KHANYISA ACQUISITION COMPLETE
August 10, 2010
Wescoal Holdings Ltd. announced it has purchased from South African Mining Management (Pty) Limited, the shares and loan accounts of its wholly owned subsidiary Nungu Trading 341 (Pty) Limited for a purchase consideration of US$6.6 million (R 45 million). Nungu owns specified assets and prospecting rights situated on Portions 4 and 23 Elandspruit 291 JS located in Mpumalanga province of South Africa.

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