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Umcebo Mining Shanduka, together with Glencore, acquired a controlling interest in Umcebo Mining as a project in 2010 in a continuation of the coal sector partnership between the two entities. The Wonderfontein Colliery was successfully commissioned as a fully operational open cast mine, together with a wash plant in October 2014.

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Izimbiwa Coal – Phembani

The deal made Shanduka Resources (Pty) Ltd, which is a wholly owned subsidiary of Phembani, a 50.01% shareholder in Izimbiwa Coal with Glencore holding 49.99%. Graspan is a private coal mining company in the Mpumalanga Province. Izimbiwa's interest was purchased on 1 December 2005 for R195 million. Shanduka Resources entered into an agreement ...