WE ASPIRE TO BE A SOUTH AFRICAN MINING CHAMPION
OUR BUSINESS
Seriti is a broad-based, 84% black-owned and -controlled coal mining company with operations in the Free State and Mpumalanga provinces. It is made up of three operating collieries: New Vaal, New Denmark and Kriel as well as various life-extension coal resources and closed collieries. Our three mines supply a collective 24 million tonnes of thermal coal to Eskom’s Lethabo, Tutuka and Kriel power stations every year. Together, these produce approximately a quarter of South Africa’s electricity. Seriti is co-owned by four anchor shareholders – Community Investment Holdings (CIH), Masimong Group Holdings, Zungu Investments Company (Zico) and the Thebe Investment Corporation. It is led by an experienced board and management teams.
OUR PEOPLE
Our employees are not ‘assets’; they are the heart of the business. One of our six guiding values is that the safety and health of our people should never be compromised. This is our commitment to deliver the best-in-class health and safety performance. We invest in the critical core skills and talents of all our people to ensure that they have the resources and knowledge needed to deliver sustainable longterm results. We also work together with our key partners and stakeholders to unlock the long-term value that our mineral resource (coal) represents for our shareholders and communities, as well as the country in which we operate.