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David Brown takes chair as Coal of Africa raises $44m

Former CEO of embattled Impala Platinum (Implats) David Brown is the new chairperson, with immediate effect, of the currently challenged Coal of Africa (CoAL). Simultaneously, the ASX- Aim- and JSE-listed CoAL has raised $44.8-million of equity...
7th August 2012

CoAL, Exxaro to conclude buy-in negotiations by Sept

A formal decision on diversified miner Exxaro’s 30% buy-in option of Coal of Africa’s (CoAL’s) Makhado project, in Limpopo, was expected by September 30, the CEO of ASX- and JSE-listed CoAL, John Wallington, said on Monday. The parties embarked...
18th June 2012

Coal of Africa completes Chapudi deal

Coal of Africa Limited (CoAL) said on Thursday it had completed its acquisition of the Chapudi coal assets, in Limpopo, from Rio Tinto and Kwezi Mining. This follows Ministerial approval of the sale under Section 11 of the Mineral and Petroleum...
10th May 2012

Coal of Africa close to concluding Chapudi deal

ASX- and JSE-listed Coal of Africa Limited (CoAL) said on Monday that the deadline for the completion of the Chapudi acquisition was extended to the end of May. The extension enabled certain conditions, such as the Section 11 approval from the...
30th April 2012

CoAL to buy Rio Tinto’s Chapudi project for $75m

Emerging miner Coal of Africa Limited (CoAL) on Monday announced a $75-million agreement to buy the Chapudi coal project in South Africa from Rio Tinto and its joint-venture partner Kwezi Mining. The coal assets, which are adjacent to CoAL’s...
29th November 2010

Coal of Africa expands Mooiplaats exploration

Australian coal development company Coal of Africa Limited (CoAL) has started additional production-related drilling, as well as drilling to identify the site for the second decline shaft, on the farms neighbouring the company’s Mooiplaats coal...
11th March 2009

CoAL, Rio Tinto ink SA farm-swap agreement

Junior-miner Coal of Africa (CoAL) has entered into an agreement with resources giant Rio Tinto to gain access to project areas that were contiguous to its coking coal project, in South Africa, the company announced on Tuesday. CoAL, which is...
8th July 2008
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