About
Superior logistical, administrative & technical service.
Business overview
The main business of the Group today is the mining buying, selling and beneficiation of coal which Wescoal sources and distributes to its clients in the local industrial and petro-chemical sectors.
Most of the mining houses and independent suppliers support Wescoal due to its ability to provide logistical, administrative and superior technical service and most of the major mining houses have concluded agreements with Wescoal to market the products from many of their collieries.
Listing
Wescoal successfully listed on the Alternative Exchange (AltX) of the JSE Limited on 20 July 2005 with the capital raising in terms of a private placing of R7 million. On 15 April 2010 Wescoal transfered its Listing to the main board, coal mining sector of the JSE.
Empowerment
Waterberg Portion Property Investments (Pty) Ltd, headed by Mr Robinson Ramaite, acquired 31.4% of Wescoal Holdings Limited during November 2007 and the board was pleased to welcome Robinson as its Chairman.
Their contribution has been immediate and substantial with specific emphasis on coal reserves, a different approach to the industry and an involvement in all aspects of the business
Wescoal complias with the BEE parameters as set out in the Mining Charter.