CoAL expects first production at Vele by next quarter

Coal mining and development company Coal of Africa Limited (CoAL) said on Wednesday that it expected first production at its Vele coking coal project in South Africa's Limpopo province by the next quarter, followed by the first sales shortly...

Coal of Africa to raise R619m for project, acquisitions, debt

ASX-, Aim- and JSE-listed Coal of Africa Limited (CoAL) has placed shares that will raise £55-million (A$94-million, R619-million) for the company, which will be used to fund the Makhado project in South Africa, for potential acquisitions and to...

CoAL may delist from ASX as it moves to London main market

Coal-miner Coal of Africa Limited (CoAL) was considering delisting from the ASX, as it continues with plans to move its UK listing from Aim to the LSE main market by November. In October last year, the Aim-, ASX- and JSE-listed company announced...

CoAL makes senior appointments, hires Wallington as CEO

South African junior miner Coal of Africa Limited (CoAL) has appointed John Wallington as its CEO and as an executive director as from June 15. Wallington had resigned as independent nonexecutive director of fellow junior coal-miner Keaton Energy...

CoAL says Vele construction on schedule for completion in Q3

Mining and development company Coal of Africa Limited (CoAL) remains on track to complete the construction of its Vele project, in South Africa's Limpopo province, by the third quarter of this year, the company reported on Wednesday. In February,...

Coal of Africa awarded mining right for Vele project

South Africa’s Department of Mineral Resources (DMR) has granted junior miner Coal of Africa Limited (CoAL) a new order mining right over its Vele coking coal project, in Limpopo. The Aim-, ASX- and JSE-listed CoAL owns 80% of Vele and could...

Daily podcast – January 26, 2010

Coal of Africa Limited completes its R467-million acquisition of coal-junior NuCoal Mining; and a formal antitrust investigation into the proposed Rio Tinto-BHP Billiton iron-ore joint venture has been opened.

Coal of Africa completes R467m NuCoal acquisition

South Africa-focused coal-miner Coal of Africa Limited (CoAL) has completed its R467-million acquisition of coal-junior NuCoal Mining. The ASX-, Aim- and JSE-listed company told shareholders in a statement on Tuesday that all suspensive...

New assets will increase coking and thermal 
coal production

Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce ten-million tons a year of coking coal and two-million tons a year of thermal coal, when it brings its two coking coal assets, Vele and Makhado, into production...

Coal of Africa expanding Mooiplaats project area

ASX-, Aim- and JSE-listed Coal Of Africa (CoAL) has submitted an application to amend the current new order mining right at its Mooiplaats mine, in South Africa’s Mpumalanga province, to include the Klipbank and Adrianople farms. The company...

Coal of Africa completes first sale from SA project

The first sale of mid-volatile “lean” coal mined at Coal of Africa Limited’s (CoAL’s) Mooiplaats thermal coal project, in South Africa’s Mpumalanga province, has been completed. The emerging coal-miner on Tuesday reported that the...

Coal of Africa invests R2,5m in Limpopo bursary scheme

Emerging South African coal miner Coal of Africa Limited (CoAL) has launched the Thovhele Toni Mphephu Ramabulana Bursary Fund in the Limpopo province. The company has, to date, invested R2,5-million in the scheme, and said that it has been...