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
SA’s national interest played a pivotal role in Seriti winning the rights to SA Energy Coal
Publication: Miningmx. Author: David McKay. AFTER more than 18 months of bidding, Seriti Resources has emerged as South32’s chosen one: the company that has the right to buy control of its 28 million…
Seriti’s bid for South32 coal mines leaves 50 suitors in the dust
Publication: BL PREMIUM. Author: Lisa Steyn. Australian company was inundated with expressions of interest before settling on Seriti Seriti Resources pipped 50 others when it emerged as the exclusive…
Seriti Resources may turn to equipment makers as coal IPOs shunned
Publication: fin24. Author: Paul Burkhardt, Bloomberg. Seriti Resources, which is poised to become South Africa’s second-biggest coal producer, may take funding from equipment suppliers and hold off…
South Africa will rely on coal for decades, key miner says
Publication: Moneyweb. Author: Paul Burkhardt, Bloomberg. Eskom continues to rely on the fuel for power generation. Seriti Resources, poised to become Africa’s second biggest coal producer, is…
South32 to sell South African coal assets to Seriti Resources
Publication: Financial Times. View original article
Eskom could soon get new top coal supplier as South32 picks bidder
Publication: Business Day. Author: BL Premium. Seriti Resources, which has been scooping mining assets over the last two years, could become the biggest coal supplier to power utility Eskom as the…