“Having concluded the pit reconfiguration, Kangala is now firing on all cylinders and delivering record production in the process. We anticipate increasing production further in the year ahead, thereby delivering strong sales and cashflow to pay down debt facilities and to fund growth prospects,” CEO Tony Weber said.
Universal noted that, with the country’s dry season half over, the climate is expected to support continued strong production for the months ahead.
Elsewhere in its portfolio, the miner said it is ready to begin commissioning underground operations at the New Clydesdale colliery; it is expecting first coal by the end of the current quarter and is projecting 2 million mt of production annually.
