Ndalamo Resources (Pty) Ltd

Ndalamo Resources (Pty) Ltd is a 100% black owned mid-tier coal producer founded in 2013, with a strong focus on mining investment opportunities in South Africa. The company's slogan, "100% black owned and managed mid-tier mining company," reflects its commitment to diversity and inclusivity. Ndalamo Resources is the result of the amalgamation of various mining, financial, sustainability, and social responsibility professionals and entrepreneurs. The company holds majority direct interest in New Clysdale Colliery, North Block Complex, and Ubuntu Colliery coal assets, alongside Universal Coal. Based in South Africa, the company attracted a Private Equity Round investment from Ata Capital on 01 December 2019. This marks a significant milestone for Ndalamo Resources in terms of financial backing and industry support. As a player in the Financial Services industry, Ndalamo Resources is strategically positioned to contribute to the growth and development of the South African mining sector. In summary, Ndalamo Resources (Pty) Ltd presents an intriguing investment opportunity, particularly for venture capitalists seeking exposure to the dynamic and evolving mining landscape in South Africa. With its strong emphasis on social responsibility and sustainability, the company aligns with the growing focus on ethical and responsible investments in the mining sector.