Public Tender: Properties & Mining Right, Postmasburg

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Location
Postmasburg, Northern Cape
Erf Size
±3042ha
Auction Documents

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Auction Description

Below you'll find key points about the auction:

CLOSING DATE FOR SUBMISSION OF OFFERS: TUESDAY, 20 JANUARY 2026, 12:00

OFFERS TO BE HANDED IN AND OPENED AT:THE OFFICES OF VAN’S , 36 GEMSBOK STREET, KOEDOESPOORT INDUSTRIAL, PRETORIA


ON OFFER:

PROPERTIES: Remaining Extent & Remaining Extent of Portion 2 (Knoffel Fontein) of Farm Pens Fontein 449, Hay RD

Joint Extent: 3 041,9624 ha

Land usage:

  • Houses & stores: 1,0000 ha
  • Natural grazing: 3040,9624 ha

Water & electricity:

  • 3 boreholes & water pipe infrastructure
  • Storage pond equipped with pump
  • Electrical substation

Improvements: (± 1810m²)

  • 2 x houses, cottage
  • 6 x outbuildings
  • 2 x stores

MINING RIGHT:

  • The mining right is attached to the properties
  • Exclusive right to mine, recover the minerals in, on and under the mining area for the holder’s benefit & account.
  • To deal with, remove & sell or otherwise dispose of the minerals, subject to the terms & conditions of this mining right, the provisions of the Mineral and Petroleum Resources Development Act, 2002 (Act 28 of 2022) and any other relevant law.
  • Effective commencement date of right: 28/7/2017
  • Duration of mining right: 30 years
  • Termination date if no further extension is sought: 27/7/2047
  • Mining right Protocol number & file reference: 417/2017 & 10026 MR
  • Minerals to be exploited: Iron Ore
  • Other mineral deposits present: Manganese Ore
  • Current operator: Small scale mining operation
  • Potential:Capability to produce 50 000 ton of iron p.m
    • Annual raw material production: ± 600 000 ton
    • Annual final extracted production: ± 108 000 ton

MOVABLE ASSETS: Workbenches, containers, enamel industrial lamp shades, steel storage racking, double axle trailer, trailer etc. Only listed assets are included. (Mining machinery, weighbridge & equipment are excluded).


FULL TENDER PACK AVAILABLE ON PAYMENT OF REQUIRED REGISTRATION FEE.

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