Further to the announcement of 28 February of the Matola corridor derailment, coal exploration, development and mining company Coal of Africa has advised that Transnet Freight Rail has indicated certain supplementary work is required on the rail corridor prior to full re-opening of the line.This work is expected to be completed within two weeks, at which time rolling stock should be redeployed onto the corridor. The production at both Mooiplaats and Woestalleen was marginally impacted by the derailment with 100% of the Mooiplaats thermal product channelled to the domestic market. The Woestalleen export product has been stockpiled to enable immediate supply subsequent to the reopening of the line.
Further, production at Vele colliery remains suspended as detailed in the companys earlier announcement. The full impact of the force majeure will be determined by the end of the current quarter and disclosed accordingly.Depending on the resumption of rail services, the company said that it anticipates that exports will resume during May 2013. The force majeure declared by CoAL of Africa will remain in effect until the rail system has reached its normal operating capacity.