Bergwind Colliery (Block 4B – Phase 1)

Location: Kriel, Mpumalanga, South Africa

Commodity: Coal rail logistics

Entry date: Sept 2024

Exit date: Oct 2026

Model: Revenue-Based Financing (RBF)

Mine stage: pre-production, resource statement validated

Production: 1,200,000t, RB 2,3 coal

Impact: 40 at the pit, 36 on the wash-plant jobs created

Milestones: dewatering is at 90% achieved, and mining has commenced on the fringe blocks of the OC4B Pit.

Challenges: Dewatering took longer than expected, by 3 months.