Buildmax
Mining & Metals - , Gauteng, South Africa
Buildmax Details
Diesel Power provides opencast mining, SHECQ management, plant hire and rehabilitation services to the opencast coal mining sector. Diesel Power deploys its combined engineering excellence, equipment solutions, drilling and blasting expertise with opencast mining intellectual capital across several major mines in Mpumalanga. The Mining Services business unit does not own any mining and/or prospecting rights, hence it assumes no geological risk on any of its opencast mining contracts. The nature of the Group's blue chip client contracts stipulate the Group's responsibilities in terms of SHECQ, which continue to evolve and contain fixed predetermined formulas for the recovery of cost increases. The intended strategy is to reduce commodity and geographic concentration risk.
