Seriti celebrates official opening of Naudesbank Colliery

New development to drive economic growth and strengthen South Africa’s coal mining sector

Emalahleni, 14 March 2025. Seriti Resources is pleased to announce the official opening of its new Naudesbank Colliery, a strategic new mining development that underscores the company’s commitment to economic growth, job creation and responsible mining in South Africa.

The Naudesbank Colliery is strategically located in Carolina, within the Chief Albert Luthuli Local Municipality in the Mpumalanga Province – a region rich in coal resources – and is poised to make a significant contribution to the country’s coal sector and the local economy.

As a long-life, export orientated mining project, Naudesbank Colliery is set to generate around 300 direct jobs, with additional indirect and downstream employment opportunities in the surrounding communities, contributing to the region’s economic development and social upliftment. The company has actively engaged with local communities throughout the project’s development phase and will continue to prioritise community partnerships and initiatives to ensure meaningful shared value.

Seriti has invested over R500 million in the development of the Naudesbank Colliery, including infrastructure projects that will not only support mining activities but also deliver benefits to local communities. The mine is expected to contribute significantly to South Africa’s mining sector and play a key role in the country’s economic growth.

Mike Teke, Group Chief Executive Officer of Seriti Resources said: “The opening of Naudesbank Colliery is a milestone for Seriti, Mpumalanga and the country at large. Coal remains a vital component of South Africa’s energy mix and export economy, and this project strengthens our ability to supply high-quality coal while at the same time creating jobs and contributing to the local economy. Our investment in Naudesbank bears testament to our firm belief in the future of responsible mining and its role in driving economic progress and shared value.” 

For further information, please contact:
Tshifhiwa Ramotombu
Senior Communication Officer
T: +27 60 861 3561
E: tshifhiwa.ramotombu@seritiza.com