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Udondolo Resources

 

Udondolo Resources is set to become a premium company with a reputation for professionalism, which will create sustainable investment opportunities with in the following areas;

 

+ Coal exploration

+ Gold

+ Other minerals

 

The success of Udondolo Resources will be directed through:

 

+ Joint Venture and strategic partnerships

+ Encouraging objectivity in decision making

+ Good return on investment

 

Lontoh Coal Limited is an unlisted public company active in the acquisition, exploration and mining of metallurgical and thermal coal.

 

A new entrant in the field of coal mining and exploration, LontohCoal has established a presence and reputation as an independent coal mining company with a portfolio of metallurgical and thermal coal properties in South Africa and Zimbabwe.

 

The company currently has SAMREC/JORC coal resources and reserves in excess of 1 billion tones.

 

The two South African assets are a 100% interest in the geologically viable mining and prospecting rights of the Hlobane View Colliery (Hlobane) in Vryheid, KwaZulu-Natal and a 100% interest in the mining and prospecting rights of Lephalale situated in Limpopo Province, South Africa.

 

The Zimbabwean asset consist of a 51% stake in Liberty Mining's Lubimbi Project and a 51% interest in exciting coking and thermal coal deposits within the Entuba/Lubimbi coalfields. The Lubimbi Project has an indicated (SAMREC/JORC) resource of 1.245 billion tonnes of open-cast, high-quality thermal and coking coal deposits in the Lubimbi coalfields, approximately 245km north of Bulawayo.

 

LontohCoal aim to produce 3 million tones of thermal and coking coal in the next 18 months

 

Website: Lontoh Coal

 

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