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Bisichi Mining Snapshot
Coal lies at the core of Bisichi Mining's business. Bisichi Mining invests in and manages mining properties, which it then mines or leases to other mining companies. Its primary property is the Black Wattle mine in South Africa, which produces more than 1 million tons of coal annually; in 2010 it sold a 37.5% stake in Black Wattle to Vunani Mining. Bisichi sells its coal waste to South African power company Eskom. The firm also owns retail properties in the UK, including the Dragon Retails Properties, which are managed by property firm London & Associated Properties (42% owner of Bisichi Mining). Bisichi's strategy is to grow by acquiring additional coal mines in South Africa.
