The Spitzkop and Tselentis collieries and supporting coal assets have been purchased by Imbawula Group (Imbawula) for an undisclosed amount.
The transaction is effective from 1 January 2012.
Imbawula has acquired the coal assets opencast and underground mining operations, all supporting infrastructure, including land, movable assets, buildings and coal beneficiation plants.
In addition, Imbawula Mining has acquired prospecting and mining rights in the area which support the long term operation of this business.
XCSA COO Murray Houston said the company is pleased in transferring ownership of these two collieries to a growing coal producer.
"The disposal of these assets allows us to focus on our core portfolio of large production complexes, including the ongoing development of our existing and future resource base," added Houston.
