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
Seriti Resources grows its coal portfolio even further
Publication: Mining Review Africa. Author: Guest Contributor. Black-owned and controlled coal mining company Seriti Resources has concluded an acquisition agreement with South32 to acquire South 32’s…
Seriti to double coal production after agreeing terms with South32 for SAEC stake
Publication: Miningmx. Author: David McKay. SOUTH32 today concluded a binding agreement with black-controlled mining firm, Seriti Resources for the sale of its 91.8% stake in South African Energy…
South32 sale hinges on a better Eskom coal deal
Publication: Business Live. Author: Lisa Steyn and Karl Gernetzky. Seriti Resources poised to become SA’s second-largest coal producer after Exxaro A deal that could create the second-largest coal…
Seriti Concludes Agreement With South32 On The Acquisition Of SAEC
6 November 2019, Johannesburg: Seriti Resources is pleased to announce that the company and South32 have concluded an acquisition agreement in terms of which Seriti will acquire the latter’s 91.835%…
Industry leaders debate challenges in South Africa
Publication: Mining Review Africa. Author: Guest Contributor. The mining sector in South Africa finds itself at an inflection point. As a primary sector within an economy that is struggling to grow,…
Long-term contracts are cure for Eskom’s coal cost woes, says South32
Publication: Business Day. Author: Lisa Steyn. A move away for short-term supply contracts will lower costs and ensure quality One of Eskom’s biggest suppliers has called on the state-owned…