Operation Overview

Operation Walmsley

Premium Anthracite & RB1 Thermal Coal Resource

Walmsley farm hosts a significant dual coal resource — premium RB1 export-grade thermal coal and a 2 million tonne anthracite deposit, one of the highest-rank coal types available.

Walmsley farm is the cornerstone of Keldoron’s Phase 1 operations, offering a unique combination of premium thermal coal and high-value anthracite coal deposits.

Located within the Amajuba Coal Block on the Klip River Coal Field, Walmsley benefits from excellent geological conditions and strategic infrastructure access.

2M

Anthracite

Tonnes opencast

60%

RB1 Grade

Export thermal coal

Resource Specifications

Anthracite Coal Deposit

The Walmsley anthracite deposit contains an estimated 2 million tonnes of opencast-accessible anthracite coal — the highest grade of coal.

Characteristics

85-95% fixed carbon content
Low volatile matter (< 10%)
High energy density
Minimal smoke and ash

Target Markets

Metallurgical applications
High-efficiency boilers
Specialty industrial uses
Water filtration media

RB1 Thermal Coal

In addition to anthracite, Walmsley produces premium RB1 export-grade thermal coal, contributing to the combined 8.244M ROM tonnes from Phase 1 operations.

Quality Profile

60% RB1 classification (Mintek 2007)
Premium export-grade thermal coal
RBCT export standard
High calorific value

Market Access

Export via Ngagane Siding (3 km)
Domestic power utilities
Industrial customers nearby
On-site wash plant processing

Geographic Location

Walmsley farm is situated within the Klip River Coal Field, approximately 15 km south-east of Newcastle in KwaZulu-Natal, part of the Keldoron Properties 22 portfolio.

The farm’s anthracite and thermal coal seams are accessible via opencast methods, with favorable overburden ratios and proximity to existing mining infrastructure.

Location Details

Municipality: Dannhauser & Newcastle
Coal Field: Klip River Coal Field
Coal Block: Amajuba Coal Block
Registration Division: HT

Mining Operations

Method: Opencast truck & shovel operations for shallow seams
Processing: On-site wash plant for RB1 specifications
Transport: Road via N11 or rail via Ngagane Siding
Products: RB1 thermal coal and premium anthracite

Commercial Advantage

The dual product stream from Walmsley farm provides Keldoron with a diversified revenue portfolio, serving both mainstream RB1 thermal coal markets and premium anthracite niche markets.

Anthracite typically commands higher prices than bituminous or thermal coal due to its superior characteristics and specialized applications — adding a high-value revenue stream to the project’s overall economics.

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