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Mining
Coal is a central aspect of Gunvor’s long-term growth strategy.
Coal is a central aspect of Gunvor’s long-term growth strategy.

Massive increases in electricity generation capacity are expected for emerging markets, which will only be possible with a significant contribution from coal—a fact that is particularly true for China, India and Central Asia. Gunvor’s coal assets are well positioned to supply these markets. We also maintain a full portfolio of offerings, including high quality steam coal, coking coal and anthracite.

Signal Peak Energy
Improving production to better serve North American and Asian customers.
Through our U.S. subsidiary, Pinesdale LLC, Gunvor holds a significant stake in Signal Peak Energy. This is a high Btu thermal coal mine with an extensive 30 year coal reserve plus secured rail and port access. Investments in the mine have improved management, safety and production efficiency to the extent that it now has one of the lowest production cost bases relative to U.S. competitors. As part of a joint ownership group with Boich and First Energy, Gunvor’s trading expertise adds considerable value to the mine. Ownership of the mine enhances our competitive position in the Asian market. Signal Peak Energy serves the U.S. domestic market and customers in Asia via transport links to ports on the U.S. and Canadian western seaboard.
Key Numbers:
Employees
330
Maximum capacity
7 trains
per day of 120 to 150 cars
Raw recoverable reserves (underground)
431
million METRIC tons
Keaton Energy
Mining specialist coals in South Africa for domestic and export markets.
Keaton Energy, in which Gunvor holds a significant stake, is a South African coal exploration, development and mining company whose shares are listed on the Johannesburg Stock Exchange. It produces thermal coal for supply to South Africa’s Eskom electricity utility and a range of specialist coals for the domestic and export metallurgical industries. The company’s assets include two operating collieries, Vanggatfontein and Vaalkrantz, two development projects, Sterkfontein and Braakfontein, and an exploration pipeline. Two of the three seams mined at Vanggatfontein contain thermal coal, while the third seam contains coking coal. The coal extracted at Vaalkrantz is anthracite.
Key Numbers:
Employees
1,200
Resources
251.4
million MT
Reserves
95.9
million MT run of mine

Signal Peak Energy

Signal Peak Energy
Improving production to better serve North American and Asian customers.
Through our U.S. subsidiary, Pinesdale LLC, Gunvor holds a significant stake in Signal Peak Energy. This is a high Btu thermal coal mine with an extensive 30 year coal reserve plus secured rail and port access. Investments in the mine have improved management, safety and production efficiency to the extent that it now has one of the lowest production cost bases relative to U.S. competitors. As part of a joint ownership group with Boich and First Energy, Gunvor’s trading expertise adds considerable value to the mine. Ownership of the mine enhances our competitive position in the Asian market. Signal Peak Energy serves the U.S. domestic market and customers in Asia via transport links to ports on the U.S. and Canadian western seaboard.
Key Numbers:
Employees
330
Maximum capacity
7 trains
per day of 120 to 150 cars
Raw recoverable reserves (underground)
431
million METRIC tons

Keaton Energy

Keaton Energy
Mining specialist coals in South Africa for domestic and export markets.
Keaton Energy, in which Gunvor holds a significant stake, is a South African coal exploration, development and mining company whose shares are listed on the Johannesburg Stock Exchange. It produces thermal coal for supply to South Africa’s Eskom electricity utility and a range of specialist coals for the domestic and export metallurgical industries. The company’s assets include two operating collieries, Vanggatfontein and Vaalkrantz, two development projects, Sterkfontein and Braakfontein, and an exploration pipeline. Two of the three seams mined at Vanggatfontein contain thermal coal, while the third seam contains coking coal. The coal extracted at Vaalkrantz is anthracite.
Key Numbers:
Employees
1,200
Resources
251.4
million MT
Reserves
95.9
million MT run of mine