Ichor Coal

Mbuyelo Coal (Pty) Ltd is a South African holding company that has built an attractive basket of South African coal assets with a balanced mix of projects in the exploration, feasibility and production phase. 

IchorCoal acquired its first ownership in Mbuyelo Coal in 2012 and gradually increased its stake to 45% by 2013.
Mbuyelo Coal is one of the few successful black-owned companies created out of the South African MPRDA (Mineral and Petroleum Resource Development Act). The extensive project pipeline of Mbuyelo Coal (Pty) Ltd will ensure a balanced upside over the next couple of years when developing assets further and pushing them up the value curve.

Assets:

VlakvarkfonteinManunguWelgemeendWelstand

Kuilfontein

Palmietfontein

Langverwacht

Loskop

Derdehoek