RBI Rate as on
2011 is $115.80 compared to $85.00
on 17 September 2010
for Buyers with Proof of Funds: A Grade FOB Richards
Bay at RBI +3.5% -
Metric tons and more
(Sellers must have rail and Slots).
If you can help please contact
Louis on 079 872 3339 or email
to 150 000 A Grade Coal at FOB, RBI + 3.5%
coal wanted for 4 Buyers (Ash 22%, CV 22%) Specs
Mine (ROM) 100 000 PLUS needed per month (A or B
Grade FOB Richards Bay
Operational Coal Mines
Operational Manganese mines with off take
agreements (50 000 to 100 000 p.m.)
wanted-Nuggets and Gold Dust -SA Buyer
(refinery) is ready to buy!
SPOT A Grade Available in RBCT -Asking price $96
+ 3.5% (Make an offer)
Diamond Buyers wanting to buy legal Diamonds
with all paperwork in place
Chrome 5 000 and 10 000 tons per month
1 Million Tons A Grade (Export Quality) FOT
Price to be negotiated around $60
can currently provide A Grade Coal ex
A Grade Up to 1
Million tons available per month at $60 US
FOT plus 3.5% commissions (price is subject
to final negotiations between the mine and
C Grade up to
600 000 tons per month available FOT at R145
including R5 commissions.
"Incoterms 1990" All contracts and
documentation used should preferably refer to the
Feel free to click on
the link to view definitions of Terms Frequently
This is a fresh update of Coal,
Slots, Mines and other Minerals currently available
complete our master
To Sell "A"
Grade Coal for export you need:
POF - Proof of Funds and
POP - Proof of Product
which must include the following 4 items
at the very least
i) Slots at RBCT or
ii) TRF rail numbers
iii) Recent SGS or
SABS Quality reports
iv) A Sellers Mandate
letter from the Board of the mine that you may sell
(SGS Quantity report
will also be needed if
a SPOT Transaction)
Too many guys are
running around in SA claiming to have POP or POF in
It seems as if most do
not have a clue what the minimum requirements are
(please check the minimum requirements above again).
You may have 1 million
tons of coal to sell, but without slots, the deal
simply cannot work.
You must make sure
everything is in place.
Sellers and Buyers
are normally not be prepared to show you their funds
or product to agents.
This is for fear of
"brokers" making copies of their documents and
running around with it.
So how can we make sure
Buyers and Sellers come to the Final TTM with
They should sign and
agree to the terms of the agreement before the
appointment is confirmed.
In this agreement they
agree to pay the Business arranging the meeting,
a R50 000 penalty
payment if they do not produce full POP or POF, or
do not pitch for the confirmed meeting.
If they are not prepared
to sign such a penalty agreement, they probably do
not have the POP or POF and you should consider not
wasting your time with them.
Some Brokers are
known to use the POF as leverage to get mines to
give them product.
If you go to a
meeting with such broker he will tell you that
he has POP in place before the meeting,
but when you get
there he has none, having wasted your time with
brokers loose their name very quickly and are
known by the other Commodity Brokers as fakes,
not to be trusted.
SA only export about 90 million tons of coal per
year (i.e.+- 7.5 million tons per month).
If you want to sell 500 000 tons A Grade, you
need to understand that it is a lot of coal and
our available SA infrastructures has limits in
problem is Circumvention.
If another Broker has
been involved in helping you find Buyers or Sellers,
they should be included in commission agreements and
be paid accordingly.
If a person simply sends
you a name without being involved in the transaction
in any way, they should at least qualify for a once
off "referral commission"
(such intentions should be discussed with the
referring agent beforehand to prevent
circumvention and legal problems).
We are being paid to
Sell products and selling is tough (that's why sales
people are the highest paid in the World).
Referring Buyers or
Sellers is simple and easy!
We have quality
Coal available from the USA and Colombia (see
Why not sell
your Chinese or Indian Buyers this coal?
USA B Grade is
equal to South African A Grade (very high quality
The USA Coal is
A Grade which is better than SA A Grade.
ONE MILLION TONS A Grade available FOT
at $65 US - Buyers MUST have own rail and
OWN Slots!! Take note this is a FOT offer-Serious
Buyers only. High Quality Coal.
Do you have FULL Proof of Product with
1) Proof Of Slots
2) Proof of Rail Numbers
3) Recent SGS Quality reports
(and Quantity reports for SPOT deals)
4) Signed original Mandate
document from the mine
for any amount of A
We do have the Buyers,
ready with their Proof of Funds and ready to sign
Please contact us as
soon as possible on 079 872 3339 if you can assist.
A Grade USA-
4 Million ton per month A Grade available at $80 US
FOB ex USA -
(Specs are available to
We are urgently looking
for more slots at RBCT itself.
We are prepared to
"piggy back" on existing slot owner's slots!
Buyers need to provide
TRF (Transnet Rail Freight) numbers
Payment - first three
months payable in advance.
Buyers with Proof of
Funds (POF) welcome.
DRY Bulk Coal
slots available in Richards Bay Harbour at
$30.30 per ton including storage, loading and
B Grade available at $72
plus 4 Dollars commissions- From 50 000 to 500 000
tons per month is available. This coal is in many
ways equivalent to SA's A Grade Coal
We have Chrome available
Ex Rustenburg at $128 FOT 10 000 pm 42.5% and
Steelpoort area 5000 tons for first 3 months then
increased to 10 000 tons per month at $133 per
Chrome, Gold and
If you do have product
available or have willing and able Buyers, please let us know.
We will help where we can.
Mine/Farm for sale in KwaZulu-Natal, South Africa
Farm Size 1110 HA with 2
houses and total infrastructure. Asking price
Commodity Type: Coal Anthracite, export quality
Estimated quantity 94 MT (on both seems)
Geologist report: is done on one of the seems
Mining report: Drilling report
Prospecting approval has expired (Advocates will
Mining life span 20-30
We have Buyers for Between R2.5 Billion and R3.3
Billion wanting Mines (especially Coal mines) very
urgently. Greenfields welcome but especially
Operational mines wanted.
Small quantities Coal wanted - Buyers for
smaller quantities Coal -They want 2 / 20 / 30 ton
per time - Can you help?
First steps from Buyers
1) Signed LOI
issued to LISTALL with full contact details (already
protected by signed NCNDA)
2) Proof of
Funds - POF (From Bank/Comfort Letter from
Lawyers, Accountants or Bank) or Letter of Credit
Sellers must prove Product (POP)
2) SGS Quantity and
Quality reports (SGS-QQ)
3) RBCT Slot numbers
4) Mandate document from
mine giving the Seller permission to Sell the
5) Rail Numbers (TRF)
ALL transactions are handled on a First one
to Prove Funds and sign Contracts basis.
Current RBI Rate ,
Corporate Purchase Order),
NCNDA IMFPA ,
Difference between LC and BG ,
Procedures to Sell:
1. Buyers sends ICPO + Soft Probe or BCL,
NCNDA & IMFPA
2. FCO is Submitted to the Buyer
3. Buyer returns FCO signed and sealed with
destination port PLUS POF, addresses to the
4. Seller receives FCO and draft Contract to
5. Buyer receives and make amendments to the
draft Contract in red and return Contract to the
6. Seller receives and review draft Contract,
make amendments and approve Final Contract by
signing the Contract
7. Buyer receives Final contract, sign the
Contract and return a Copy to the Seller,
keeping one original copy
8. Both Buyers and Sellers lodge Contracts in
their respective Banks
9. Buyer's Bank sends to Sellers Bank MT760
conditioned with financial instruments as per
10. Seller's Bank sends to Buyer's Bank the
POP plus 2% that will activate the Financial
instruments and Contract Delivery begins.
100 000 to 500 000 tons A Grade Coal per month FOB at
RBI +3.5% (standard Specs) in
Please call Louis right
away if you can help or know where we can get product-It is very urgent please!
Kearney on 079 872 3339 (email