Logo
Exxaro Resources Limited
Consolidated Mineral Resources and
Mineral Reserves report
31 December 2023
Logo

Currently viewing: Our operations and projects | Next: Our Coal Resources and Coal Reserves

Our operations and projects

Limpopo

1

Grootegeluk

  • Positive outcomes of an external estimation audit, illustrating the credibility of the processes underpinning our estimates
  • Production of coking coal increased, but year-on-year run of mine (RoM) decreased slightly

2

Thabametsi project

  • The project is located immediately adjacent to our Grootegeluk operation, and we are considering scenarios that will unlock maximum value for the integrated Waterberg business

Mpumalanga

3

Belfast

  • Market to Resource flexibility was achieved through establishing a domestic client base
  • Challenges experienced early in the reporting year were addressed, resulting in exceptional production performance in Q3/4
  • Grade control is a key enabler for mining flexibility between the various pits at the operation

4

Leeuwpan

  • An optimisation study is in progress to attain a steady and consistent RoM supply as the OL pit nears depletion. The focus will be primarily on the exploitation of the remaining OI pit

5

Matla

  • The implementation of the three mine expansion projects, securing an estimated ~85% of Matla Coal Reserves, progressed well
  • Coal Resources, identified through innovative Mineral Resource Management (MRM) principles, previously situated outside the LoM, provided additional pit room and the necessary flexibility for the mining teams to alleviate implementation delays

Mpumalanga

6

Mafube

  • A 50% owned, highly successful joint venture mine with our partner Thungela Resourcesl
  • Focused exploration drilling during the year to increase geological confidence as well as progress on environmental studies enhanced future planning at the operation

Australia

 

Moranbah

  • A 50%-owned, hard-coking coal joint venture development with Anglo American Steelmaking Coal in the Bowen Basin, Queensland, Australia
  • The execution of a 33km2 3D seismic survey is currently in progress. On completion, most of the Resource will be covered by 3D seismic surveys and will, in conjunction with focused drilling, contribute materially to the de‑risking of the Coal Resource
Exxaro Resources Limited
Consolidated Mineral Resources and Mineral Reserves for the year ended 31 December 2023