Dissolution of Khanyisa Triangle joint venture
Acquisition of Arnot Mine (pending final conditions precedent)
Appointment of new CEO

April: 2017

Black ownership 51%

July: 2017

Wescoal acquires Keaton Energy

January: 2016

Khanyisa’s Life of Mine extended by three to four years

March: 2016

Operational profit up 118% to R100.9m

November: 2016

Five-year, 7.8mt Eskom contract starts

April: 2015

Elandspruit Water Use Licence issued

July: 2015

First coal from Elandspruit Colliery

November: 2015

Rights issue raised R52-million

December: 2015

Intibane Colliery issued a Water Use License

August: 2014

Wescoal acquired processing plant

July: 2014

Extension of life of mine at Intibane to 2016

April: 2013

Intibane Colliery awarded Water Use Licence and commences mining

November: 2013

Wescoal acquired MacPhail business

July: 2012

Wescoal entered into various transactions with Xstrata to increase life of the mine
by 15 years

July: 2012

Awarded mining licences for Intibane Colliery

July: 2010

Wescoal moved its listing to the JSE Main Board, Mining, sub-sector Coal

June: 2009

Wescoal purchased prospecting rights from Proudafrique

October: 2009

The mining operations at Heuwelfontein were bought to establish Khanyisa Colliery near Kendal in Mpumalanga with in situ coal resources of 4.5 million tons

December: 2009

First coal is mined and extracted from Khanyisa colliery

April: 2008

Chandler purchased the business of Atlantis and Express

March: 2007

Mineral Recoveries acquired the technology licences to upsize coal fines
into saleable products

July 2005

Wescoal Holdings Limited, listed successfully on the AltX  Board of the JSE