Thank you for pre-registering for this auction. If you need any further assistance, please contact us.

You have successfully subscribed to our property mailer

SA's leading authority in asset acquisition and disposal

Aucor Property is at the forefront of the real estate auction industry, bringing a broad range of residential and commercial property to auction floors across the country.

Request an account

Already have an account? Login

Password recovery

Please enter your email address and we'll send you a reset link for your password.

Go back

Password recovery

Please enter your new password.

The reset token provided is invalid.

© AUCOR PROPERTY (PTY) LTD

Fetching results

Home Properties COAL MINE - VRYHEID / VAALBANK, KZN
new

Along the R69 Vaalbank, KZN

COAL MINE - VRYHEID / VAALBANK, KZN

Property Summary

Information
pack

WEBREF: P4689

Category: Commercial

Street Address: Along the R69

Suburb: Vaalbank, KZN

Auction Date: 12 September 2023

Features

  • Mining Right for coal measuring 231 hectares in extent
  • Prospecting Right for coal measuring 36 hectares in extent
  • Section 102 application in process
  • Surface Right measuring 39 hectares in extent
  • Approved Environmental Management Programme Report
  • Coal resources (metallurgical coal) of 1 814 000 tons
  • Coal reserves (metallurgical coal) of 1 187 000 tons ROM
  • Low sulphur and phosphorus in coal
  • Adit development in progress (35 000m³ has been excavated)
  • Access from R69 main road. 242km by road to Richards Bay Harbour

Terms

Terms: R50 000 refundable deposit paid via EFT or credit card (excluding Diners Club & American Express). No cash will be accepted. Proof of payment is required. Bidders must provide original proof of identity and residence on registration. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification.
Auctioneer: Shaie Zindel

ENZO SMIT

Business Development Manager

082 334 2140
WhatsApp enquiry
enzos@aucor.com

Make an enquiry

Share with a friend

Properties

Documents

Social Media

AUCOR PROPERTY (PTY) LTD