Continental swivels gaze to Colombia

South Africa-focused Continental Coal on Friday announced its intentions to expand its focus to coking coal options in Colombia. The ASX- and Aim-listed miner has entered into an agreement to acquire a 50% joint venture (JV) interest in an...

Penumbra coal project, South Africa

Continental Coal has provided an update on the decline development activities at Penumbra for the month of April.

Continental, SIOC-cdt complete R140m transaction

The Sishen Iron Ore Company Community Development Trust (SIOC-cdt) has finalised a R140-million transaction acquiring a 26% stake in thermal coal producer Continental Coal. SIOC-cdt completed the R100-million balance of the payment, along with...

Continental Coal’s SA unit acquires adjoining exploration tenement

Aim-listed miner Continental Coal has, through its South African subsidiary Mashala Resources, entered into agreements that will enable the company to materially extend the operating mine life at its Ferreira coal mine, in Mpumalanga, as well as...

Eskom issues request for coal supplies

South African power utility Eskom has put out a request for proposals for the supply of thermal coal to a number of its power stations. The State-owned utility, which last week agreed a ten-million-ton-a-year deal with the Firestone/Sekoko joint...

Continental signs supply agreement with Eskom

Southern Africa-focused coal miner Continental Coal has signed a coal supply agreement with South Africa’s energy provider Eskom, to supply some 720 000 t/y of thermal coal, over an initial three-year period starting in March. The company said...

Johan Bloemsma appointed to Continetal Coal board

Coal mining industry executive Johan Bloemsma has been appointed as a nonexecutive director to the board of coal development firm Continental Coal, the company announced on Friday. Bloemsma has more than 41 years in the coal mining industry,...

Explorer sets sights on delineating maiden Jorc-compliant resource

Africa-focused coal-mining investment and production company Continental Coal hopes to delineate a maiden Joint Ore Reserves Committee resource in Botswana this year, according to a presentation made at the yearly Investing in African Mining...

Kilbride appointed chair of Continental Coal

Mike Kilbride has been appointed independent nonexecutive chairperson of Africa-focused coal mining investment and production company Continental Coal.

Continental Coal posts maiden profit

Thermal coal junior Continental Coal on Thursday said it had achieved a significant increase in its gross profit to A$14.1-million for the six months ended December 31. The miner started operations in South Africa two years ago and in the...

Penumbra coal project, South Africa

Continental Coal has started blasting activities to construct the twin decline development at the Penumbra mine.

Continental Coal starts decline development at Penumbra

Thermal coal junior Continental Coal on Wednesday said it had started blasting activities to construct the twin decline development at its Penumbra mine, near Ermelo in Mpumalanga. Development activities at the mine had accelerated significantly...