Mining & Metals - Sandton, Gauteng, South Africa
Sibambene Coal is a South African company with the sole focus in investing in coal mining in South Africa.Sibambene's 5% shares are held by Inkhanyeti Women's Group which represents 20 black South African women. Sibambene's 5% shares are held by Siyakha Community Trust for the benefit of communities where Sibambene operates.Sibambene's 5% shares are held by Khulisa Employee Trust for the benefit of Sibambene employees.Sibambene's 10% shares are held by Mirospan Mining, 51% black women owned and 100% black owned industrialist group.Sibambene's 26% shares are held by Kalyana Resources, 100% black owned company.Sibambene's 49% shares are held by Mercuria and Menar, financially and technically sound companies, which have the following successful South African coal operations and projects:Canyon CoalZululand Anthracite CollieryKangra Coal Sitatunga ResourcesSibambene and its partners have not participated in any major empowerment transaction in South Africa. Sibambene seeks to broaden empowerment beyond established empowerment players.