GOLD 1556.75 $/ozChange: -35.06
PLATINUM 1434.50 $/ozChange: -25.00
R/$ exchange 8.35Change: -0.02
R/€ exchange 10.57Change: 0.07
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Magazine
 
News This Week
 
 
COAL
CoAL to start Mooiplaats underground 
production at end Q1
 
23rd January 2009
TEXT SIZE
Text Smaller Disabled Text Bigger
 

Production from the under-
ground mining portals at the Mooiplaats thermal coal project, in the Ermelo coalfield, would start by the end of this year’s first quarter, coal development company Coal of Africa Limited (CoAL) has said.

Reporting on the company’s progress in the quarter ended December 31, 2008, MD Simon Farrell told shareholders that the development of all the company’s coal projects remained on schedule.

“I am pleased to announce that coal was extracted from the 
Mooiplaats thermal coal project during the quarter with further significant development of the project due to take place in the next quarter,” he stated.

The ASX-, Aim- and JSE-listed company reported that the 
development of the boxcut and the surface infrastructure at the project was progressing to schedule, with the washing plant to be commissioned in March.

The first coal sales from the project would start in the second quarter of the year.

Edited by: Creamer Media Reporter

To subscribe to Mining Weekly's print magazine email subscriptions@creamermedia.co.za or buy now.

Subscribe Now Login