HOME ABOUT US OPERATIONS & PROJECTS SUSTAINABILITY MEDIA CENTRE CAREERS PROCUREMENT OUR OPERATIONS AND PROJECTS Resources and Reserves Mineral Resources and Ore Reserves estimates for the Universal Coal-owned operations and projects are reported in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, as required by the Australian Securities Exchange and are also South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves compliant. The Mineral Resources and Ore Reserves figures in the following table are as at 30 June 2019. Ore Reserves at 30 June 2019 Mineral Resources at 30 June 2019 Proved Probable Measured Indicated Inferred Total Attributable to Universal Mt Mt Mt Mt Mt Mt Mt Thermal coal (Witbank) Kangala1 28.30 0.00 51.33 15.03 32.33 98.69 69.58 NCC2 48.19 6.61 88.82 41.82 6.03 136.67 66.97 Ubuntu3 9.15 0.00 31.70 39.40 4.70 75.80 37.14 Arnot South4 0.00 0.00 2.28 65.30 139.00 206.58 103.29 Eloff5 0.00 0.00 11.76 265.96 250.57 528.29 258.86 NBC6 48.50 6.46 65.66 17.67 25.38 108.71 53.27 Total thermal coal 134.16 13.08 251.55 445.18 458.01 1 154.74 589.11 Coking Coal Berenice5 Cygnus6 0.00 0.00 424.90 800.90 124.30 1 350.10 675.05 Total coking coal 0.00 0.00 424.90 800.90 124.30 1 350.10 675.05 Total 134.16 13.08 676.45 1 246.08 582.31 2 504.84 1 264.16 Total thermal and coking coal 147.24 676.45 1 246.08 582.31 2 504.84 1 264.16 Ore Reserves Marketable Ore Reserves Universal Coal share at 30 June 2019 Mine type 2019 Proved 2019 Probable 2019 Interest Ore Reserves Marketable Ore Reserves ’000t ’000t ’000t % ’000t ’000t Ore Reserves at operating mine Kangala O/C 28 296 – 15 079 70.5 19 949 10 631 NCC O/C & U/G 48 185 6 613 36 239 49 26 851 17 030 NBC O/C 48 532 6 465 32 390 49 26 948 15 871 Undeveloped Ore Reserves Ubuntu O/C 9 100 – 7 248 49 4 459 3 552 Total 134 113 13 078 90 956 78 207 47 811 O/C: opencut, U/G: underground Competent Person’s Statement for North Block Complex The coal Resource and Reserve estimate for the North Block Complex was compiled by Messrs Simon Mokitimi, who is a registered natural scientist and member of the South African Council for Natural Scientific Professions (recognised overseas professional organisation) and Messrs Kevin Donaldson, who is registered with the Engineering Council of South Africa and is a member of both SAIMM and SACMA (recognised overseas professional organisation). Messrs Mokitimi and Donaldson are employed by Universal Coal Plc and have sufficient experience which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results (JORC). Messrs Mokitimi and Donaldson consent to the inclusion in this report of this information in the form and context in which it appears. Competent Person’s Statement for New Clydesdale Colliery The coal Resource estimate for New Clydesdale Colliery was prepared by Messrs Nico Denner, Simon Mokitimi and P Rantao who are registered natural scientists and members of the South African Council for Natural Scientific Professions (recognised overseas professional organisation). Mr Denner is employed by Gemecs (Pty) Ltd and Messrs Mokitimi and Rantao are employed by Universal Coal. They have sufficient experience which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results (JORC) and consent to the inclusion in this document of this information in the form and context in which it appears. The NCC Coal Reserve estimate was prepared by Messrs Piet van der Linde and Michael Vertue from Mindset Mining Consultants (Pty) Ltd. Mr van der Linde is a registered Professional Certified Mining Engineer and has over 30 years' experience in the mining industry. Mr Vertue is a registered Professional Certified Mining Engineer and has over 30 years' experience in the mining industry. He is a member of the Engineering Council of South Africa (ECSA) (a recognised overseas professional organisation) and the South African Collieries Managers Association (SACMA). Messrs van der Linde and Vertue have sufficient experience which is relevant to the type of mineralisation and the NCC deposit and to the activity which they are undertaking to qualify as Competent Persons Person as defined by the JORC Code. Messrs van der Linde and Vertue consent to the inclusion in this document of this information in the form and context in which it appears. Competent Person’s Statement for Kangala The coal Resource estimate for Kangala was prepared by Messrs Nico Denner, Simon Mokitimi and Daniel Zulu who are registered natural scientists and members of the South African Council for Natural Scientific Professions (recognised overseas professional organisation). Mr Denner is employed by Gemecs (Pty) Ltd and Messrs Mokitimi and Rantao are employed by Universal Coal. They have sufficient experience which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results (JORC) and consent to the inclusion in this document of this information in the form and context in which it appears. The Kangala coal Reserve estimate was prepared by Messrs Piet van der Linde and Michael Vertue from Mindset Mining Consultants (Pty) Ltd. Mr van der Linde is a registered Professional Certified Mining Engineer and has over 30 years' experience in the mining industry. Mr Vertue is a registered Professional Certified Mining Engineer and has over 30 years' experience in the mining industry. He is a member of the Engineering Council of South Africa (ECSA) (recognised overseas professional organisation) and the South African Collieries Managers Association (SACMA). Messrs van der Linde and Vertue have sufficient experience which is relevant to the type of mineralisation and the Kangala deposit and to the activity which they are undertaking to qualify as Competent Persons Person as defined by the JORC Code. Messrs van der Linde and Vertue consent to the inclusion in this document of this information in the form and context in which it appears. Competent Person’s Statement for the Ubuntu Project (previously known as Brakfontein) The coal Resource estimate for Ubuntu was prepared by Mr Nico Denner, who is a registered natural scientist and a member of the South African Council for Natural Scientific Professions, Pr. Sci. Nat. 400060/98. Mr Denner is employed by Gemecs (Pty) Ltd and has sufficient experience which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined by the JORC Code. Mr Denner consents to the inclusion in this document of this information in the form and context in which it appears. The Ubuntu coal Reserve estimate was prepared by Mr. Michael S Vertue who is a mining consultant associate of Mindset mining Consultants (Pty) Ltd. Mr Vertue is a registered Professional Certified Mining Engineer and has over 30 years' experience in the mining industry. He is a member of the ECSA and the South African Collieries Managers Association (SACMA). Mr Vertue has sufficient experience which is relevant to the type of mineralisation and the Ubuntu deposit and to the activity which he is undertaking to qualify as Competent Persons Person as defined by the JORC Code. Mr Vertue consents to the inclusion in this document of this information in the form and context in which it appears. Competent Person’s Statement for the Eloff Project The Coal Resource estimate for the Eloff Project was prepared by Mr Jaco Malan who is a registered natural scientists and members of the South African Council for Natural Scientific Professions (recognised overseas professional organisation). Mr Malan has confirmed that the information has been provided under ASX Listing Rules 5.12.2 to 5.12.7 and is an accurate representation of the available historical information for the Eloff project as certified by the reports listed above. Mr Malan has sufficient experience which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the JORC) and the South African Code for the Reporting of Exploration Results, Mineral Resources and Mineral Reserves, 2007 edition (SAMREC). SAMREC is a “qualifying foreign estimates” for the purpose of ASX Listing Rules. Mr Malan consents to the inclusion in this report of this information in the form and context in which it appears. Competent Person’s Statement for Berenice and Arnot South The Coal Resource estimate for Berenice and Arnot South was prepared by Mr Nico Denner, who is a registered natural scientists and member of the South African Council for Natural Scientific Professions. Mr Denner is employed by Gemecs (Pty) Ltd and has sufficient experience which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 edition of the JORC and consent to the inclusion in this document of this information in the form and context in which it appears. Reporting on exploration results The updates have been compiled in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC), the recommendations and guidelines set out in the revised 2007 South African Code for The Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code) and the rules and guidelines relating to the independent expert’s reports set by Australian Securities and Investments Commission and Australian Securities Exchange. IN THIS SECTION Overview Thermal coal Kangala Colliery New Clydesdale Colliery North Block Complex Ubuntu Eloff Arnot South Coking coal Berenice/Cygnus Resources and Reserves SEARCH SEARCH Our coal operations and projects Click map to view our current operations and projects UNIVERSAL COAL PLC © Copyright 2021. All Rights Reserved. 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