Centaur Holdings Ltd (“Centaur”), the global investment holding company, has today announced the completion of its acquisition of two coal Prospecting Rights in South Africa. The mining project will collectively be known as De Roodepoort.
The Company has also completed both stage 1 and 2 of its De Roodepoort exploration plans with the drilling of a further 79 holes to depths of 130 meters. There is over 100 million tonnes of coal available within the mine itself, the bulk of which is split between higher-quality export coal and Eskom grade domestic coal.
Read the full article at Mining World
Source: CentaurHoldings.com