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...

Company Announcement: Update on Penumbra Mine development and de Wittekrans bankable feasibility study

Final review of Bankable Feasibility Study to focus on optimisation of coal wash plant and rail siding options

Continental says third SA coal mine on track

South Africa focused Continental Coal said on Friday that the development of its third coal mine was proceeding on schedule, with the decline development expected to start in November. Civil construction work at the site started in early...

Continental breaks ground on third S Africa coal mine

Junior miner Continental Coal has started mine development activities at its 500 000 t/y Penumbra thermal coal project in South Africa’s Ermelo coalfield. The company, which is listed in Australia, reported on Thursday that the key contractors...

Company Announcement: First Export Coal Shipped From Richards Bay

Attached please find a press release on: South African focused thermal coal mining producer Continental Coal Limited (ASX: CCC) („Continental‰ or „the Company‰) is pleased to announce that the first shipment of thermal coal under its off...

Continental to start coal exports as it concludes Mashala deal

South Africa-focused Continental Coal on Tuesday completed the acquisition of coal junior Mashala Resources, it announced on Tuesday, paving the way for the company to become the country’s newest coal exporter. “The acquisition of Mashala...

Continental raises A$40,5m for acquisition, SA project

South Africa-focused Continental Coal on Tuesday resumed share trading on the ASX after completing a A$40,5-million capital raising to fund the acquisition of unlisted Mashala Resources and the development of the Penumbra project. A$10-million of...

Company Announcement: Continental signs +US$2.5 Billion off-take/finance agreement with EDF Trading for South African coal assets

Attached please find a press release on: Emerging South African focused coal company Continental Coal Limited (ASX: CCC) („Continental‰ or „the Company‰) has signed an off-take and funding agreement with EDF Trading. EDF Trading is a...

Continental Coal signs 20-yr supply contract with EDF Trading

South Africa-focused Continental Coal has signed a 20-year offtake agreement with EDF Trading for all product produced from its Project X, Vaalbank and Vlakvarkfontein mines. Energy wholesaler EDF Trading has agreed to supply Continental with a...

Company Announcement: Vlakvarkfontein mining on-track with coal off-take & funding agreements nearing finalisation

Attached please find a press release on: Emerging South African focused coal company Continental Coal Limited (ASX: CCC) („Continental‰ or „the Company‰) is pleased to provide this update to its shareholders on its mining activities at...

Continental Coal signs South Africa deal with EDF Trading

Australia's Continental Coal has signed a $40-million thermal coal offtake deal with EDF Trading for production from Continental's South African mines, the company said in an announcement on the ASX website. EDF Trading is pre-paying for export...

Continental Coal appoints new CEO

South African junior coal explorer Continental Coal, listed in Australia, has appointed Lodewyk Turvey as its CEO. Turvey has more than 25 years experience in the South African coal mining industry, and has held roles with diversified miner BHP...