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Chief executive Ben Magara told Business Report that the company could spend $US1.8 billion on developing coal mines in Mpumalanga, Gauteng and the Free State.
The majority of new mines would utilise a combination of opencut and underground mining and could add an additional 25Mt to total company output in the country.
Anglo Coal South Africa currently produces coal from its 100% owned Bank, Goedehoop, Greenside, Isibenola, Kleinkopje, Kriel, Landau, New Denmark and New Vaal collieries. It also has an 11% share of black empowerment company Eyesizwe and shares in Mafube and Richards Bay Coal Terminal.