Wednesday, June 3, 2009

Heavy Equipment for Sale: Kendal Coal

Homeland’s Kendal Colliery coal beneficiation or processing plant was shut down from 13 April 2009 to 23 April 2009 plant upgrades and improvements.

For heavy equipment for sale, to upgrade and improve your operations, contact MSloane Consulting.

Now, the Kendal plant is running at +20% better than original plant capacity, and plant yields are in the +50% range, a significant increase over the yields from previous months and is expected to produce in excess of 60,000 tonnes per month of saleable coal. Management expects total operating costs will be in the range of ZAR270 to ZAR300 per saleable tonne at full production (US$29.45 to US$32.50 at current exchange rates). March production was 109,639 ROM tonnes, in line with budget.

Plans for Kendal include a further production expansion in 2010 to increase the monthly ROM from approximately 120,000 tonnes per month to approximately 180,000 tonnes per month. Homeland owns 74% of the Kendal Colliery with the remaining 26% owned by Homeland’s Black Economic Empowerment (BEE) partner.

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