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Fraser Alexander partners with Puckree Group to bring the Bultfontein Coal Mine into Production

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  Fraser Alexander (FA) and Puckree Group (PG) have penned a partnership agreement to bring PG’s Bultfontein Coal Mine in Mpumalanga into production during the second quarter of 2017.  The mine will produce 65 000 tons per month run of mine (ROM) coal from the 5 seam, 4 seam and 2 seam, which will be crushed and screened on site.  Mining operations will ramp up to 100 000 tons per month in the medium to longer term, giving a life of mine (LOM) of 4 years. Plans to wash the coal, either on-site or off-site are also being aggressively pursued by the partnership in order to extract the most value from the resource. The coal will be sold to the export market and to the local thermal coal market, with off-take agreements currently being finalised.
 
 
 
 
 

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