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Over 60 years of experience and involvement in coal |
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| The Company today known as Wescoal, has its origins in the Chandler family business. The family has been involved in the coal trading and logistics business for approximately 60 years. | ||||||
| 26 August 1996 Chandler was incorporated to purchase the Chandler coal trading and logistics business and other assets from the Chandler family. |
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| 3 June 1998 Chandler acquired 100% of Blanford, a property holding Company, which owns the property where the head office of the Group is situated. |
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| 1 October 2004 Chandler acquired a 34% interest in Wesmine from Hilkru. Wesmine’s main business is coal beneficiation. Wescoal acquired the remaining 66% shareholding from Hilkru on 18 July 2005, after which Wesmine became a wholly-owned subsidiary of Wescoal. |
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| 3 March 2005 A Shelf Company, Abrina, was registered to: |
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| 1 April 2005 Abrina acquired 100% of the shares in Chandler, in a “share-for-share deal”. The Abrina name was changed to Wescoal Holdings Limited on 14 June 2005 and Wescoal Holdings Limited listed successfully on the AltX Board of the JSE on 20 July 2005. |
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| 14 March 2007 Mineral Recoveries acquired the technology license to upsize coal fines into saleable products. |
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| 1 April 2008 Chandler purchased the business of Atlantis and Express. |
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| 10 April 2008 Wescoal purchased prospecting rights from Vusela and Razorbill. |
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| 3 June 2008 Wescoal purchased prospecting rights from Proudafrique. |
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| October 2009 The mining operations at Heuwelfontein were bought to establish Khanysia Mine near Kendal in Mpumulanga with in situ coal reserves of 4.5 million tons. |
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| December 2009 First coal is mined and extracted from Khanyisa Mine. |
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| 15 April 2010 Wescoal moves its listing to the JSE Main Board, Mining, sub-sector Coal. |
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| 7 December 2010 Wescoal awarded New Order prospecting Rights on Vlaklaagte with an inferred resource of 20.1 million tons of coal. |
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