We are proud to announce that the Department of Mineral Resources (DMR) has granted Varsiwave Investments (Pty) Ltd a prospecting right to explore for coal on the farm Nooitgezien 381 IT portions 1 and 2. Currently, we are diligently working on securing the necessary Mining and Water Use Rights for these areas to further advance our mining activities.

Varsiwave's strategic approach involves maximizing the potential of its mining and prospecting rights while ensuring responsible resource management and sustainable operations. The development of Portion 2 represents a significant opportunity for expansion and value creation, aligning with our long-term growth objectives in the Mpumalanga region and beyond.