Our business
Pegasus
Pegasus is located around 10km north of eMalahleni and produces 2.13Mt.
Pegasus is located around 10km north of eMalahleni and produces 2.13Mt.
Pegasus is a shallow open-cast mine. The majority of the product is thermal coal for the export market.
Pegasus employed 15 people at at 31 March 2025.
Established in 2021, Pegasus has a life of mine until 2026.
The Pegasus mining right was acquired by Seriti as part of the South32-SAEC transaction earlier in 2021 and is 100% owned by Seriti.
ESG statistics
as at March 2025
TRIFR
0.86
SLP-driven local economic
development spend:
R0.56 million
SLP
Awaiting approval on updated SLP from the Department of Mineral Resources and Energy.
Employee and Community Trusts
The Group’s mining rights are held in Seriti Power and unencumbered shareholding of 5% in the SP Employee Trust established for the benefit of employees and 5% in the Seriti Power Community Trust, established for the benefit of the members of communities adjacent to Seriti’s mining operations.