Ndalamo Resources has acquired the Wonderfontein Coal Mine in Mpumalanga, South Africa from Umsimbithi Mining, securing its first wholly owned operational mine.
According to the South African mid-tier mining company, the deal strengthens its position in the coal sector, advancing its strategy of increasing independent operations.
The financial terms of the deal were not revealed.
Wonderfontein Coal Mine began operations in 2012 under Umsimbithi Mining, initially as an underground facility. The mine transitioned to a fully opencast truck-and-shovel operation in 2013, and by 2014, it was commissioned as an opencast coal mine and wash plant.
Umsimbithi Mining is jointly owned by Lithemba Wonderfontein Coal, Phembani Group, and Glencore.
Ndalamo Resources has historically engaged in joint ventures, including collaborations with Universal Coal, but this acquisition marks a shift towards independent mining operations.
Presently operating at a peak mining capacity of 4.2 million tonnes per annum (Mtpa), Wonderfontein is expected to remain in production until 2030. The site’s mining right remains valid until 2 June 2037, ensuring a long-term operational future.
While coal remains a central focus for Ndalamo Resources, accounting for up to 70% of projected future operations, the company is also exploring diversification into alternative energy and other commodities. The acquisition of Wonderfontein is part of this broader strategy.
“The acquisition of Wonderfontein Colliery not only strengthens our portfolio but also marks a significant milestone in our growth and diversification strategy,” said
The Wonderfontein site includes a processing plant with a monthly capacity of 300,000 tonnes, along with a railway siding equipped to accommodate RBCT jumbo-size wagons.
Umsimbithi Mining also holds a 500,000-tonne-per-annum allocation at Richards Bay Coal Terminal. The mine supports over 800 jobs, both directly and through contractors, as per Umsimbithi Mining’s website.
Ndalamo Resources CEO Shammy Luvhengo said: “With a processing plant capable of handling 300kt of coal per month and a railway siding designed to manage RBCT jumbo size wagons, this asset positions us to expand our offering and enhance operational control.
“We are determined to maintain profit margins by introducing new investment opportunities, consolidating strategic assets, and exploring markets beyond Eskom. This proactive approach will ensure that we remain resilient and adaptable in a rapidly evolving industry.”
