A legacy of integrity
Our name is derived from a Sesotho word meaning integrity.
Philosophically it is also the word for the shadow or aura that people cast as they go through life – a shadow that grows when you do good and is diminished when you do bad. So in essence your ‘seriti’ becomes your reputation and ultimately, your legacy.
At Seriti we aim to be constantly aware of the shadow we cast and of the great legacy we will create for our stakeholders, and our country.
Seriti by numbers
Seriti at a glance
91%
We are a broad-based, 91% black-controlled mining company
10%
We have ring-fenced 10% of our shareholding for the benefit of employees and communities
23%
We are responsible for supplying coal to power stations that collectively generate 23% of South Africa’s electricity
6000+
We employ more than 6,000 people (3,000 direct employees and 3,000 contractors)
24Mt
We produce around 24Mt of domestic coal per annum
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Latest news
Mike Teke On Leadership With Integrity, Respect And Work Ethic
Mike Teke, CEO of Seriti Resources and former President of the Chamber of Mines on integrity, respect, leadership and work ethic. View original article
Exxaro, Seriti are said to mull bids for South32 coal assets
Exxaro Resources and Seriti Resources are among companies considering bidding for South32’s South African thermal coal operations, which have been valued at almost $800 million, according to people…
Mike Teke plans to take Seriti Resources public within 24 months
Mike Teke credits Norman Mbazima, deputy chairman of Anglo American South Africa, for keeping the Seriti Resources deal on track. This was the R2.3bn purchase of Anglo’s Eskom-dedicated coal mines to…
Seriti’s Teke awarded Brigadier Stokes Memorial Award
The Southern African Institute of Miningand Metallurgy has awarded coal producer Seriti Resources CEO Mike Teke with a Brigadier Stokes Memorial Award for his contribution to the mining industry and…
Anglo completes sale of New Largo to Seriti
Anglo American subsidiary Anglo American Inyosi Coal has completed the sale of the New Largo thermal coal project and the closed Old New Largo colliery, in South Africa, to New Largo Coal, which is…
Mike Teke’s Seriti still has eye on Gupta coal assets as step towards big league
Just like when you grow up there are things that you desire in a toy store, there are assets I desire to own Seriti Resources CEO Mike Teke has reiterated that Seriti wants to become a coal exporter…