Universal secures A$12m in funding

ASX-listed Universal Coal has secured a A$12-million financing facility with one of the world’s largest private financial institutions to advance work on its project portfolio in South Africa. The miner said on Tuesday that an initial...

Anglo plans 5Mt/y coal mine, Universal outlines midtier ambitions, Vale inks Malawi rail deal and other news in the Coal Roundup

The December/January edition of the Coal Roundup includes details of Anglo American's new five-million-ton-a-year coal mine, Universal Coal's ambitions to become a midtier producer by 2015 and Vale's $1-billion rail line deal with the Malawi...

Universal could be looking for strategic partner in SA

South Africa-focused coal developer Universal Coal on Monday reported that it could possibly start a search for a strategic investor to assist in developing its coking coal projects. The ASX-listed Universal said in a statement that it was...

Universal Coal aims to be midtier producer by 2015

Junior miner Universal Coal said on Wednesday it expected its three thermal coal projects in Mpumalanga to become operational by 2014, and that the first of its two “game-changing” coking coal projects in Limpopo would becomes operational by...

Company announcement: Update on operations and new coal project acquisition

African focused coal mining investment and production company Continental Coal Limited is pleased to provide an update on operating and financial performance at its thermal coal mining and processing operations in South Africa and background on...

Universal appoints DRA for S Africa coking coal study

South Africa-focused Universal Coal would now undertake a scoping study on its Berenice/Cygnus coking coal project, after announcing a Joint Ore Reserves Committee-compliant resource of 1.32-billion tons. The company has appointed mining house...

Company Announcement: DRA appinted to commence concept study on the Berenice-Cygnus coking coal project

The Board and Directors of UNV are pleased to announce that it has appointed DRA Mining (Pty) Ltd (DRA) to commence a concept study on the Berenice-Cygnus project. This follows the updated resource announcement and the anticipated full coking coal...

Universal increases coal resource at Berenice/Cygnus

ASX-listed Universal Coal has reported a 56% increase in the indicated and measured coal resource for its Berenice/Cygnus coking coal project, in South Africa. The coal resource has now increased to some 1.32-billion tons, with 7.9-million tons...

Drilling confirms 1.2bn ton Jorc-compliant resource

Emerging thermal coal producer Universal Coal reports that its recent drilling has confirmed a coal resource of 1.2-billion tons of Joint Ore Reserves Committee- (Jorc-) compliant coal at the Berenice-Cygnus coking coal project, located in the...

Coking coal resource at Limpopo prospect increases to 1.2bn tons following drilling programme

Emerging thermal coal production and development company Universal Coal reports that, following the completion of its first phase drilling programme, the company has had an upgrade on its Joint Ore Reserves Committee-compliant (JORC) coal...

Universal says Limpopo coking coal project has 1Bt resource

Junior Universal Coal, which is listed in Australia, has taken a up a 40% stake in the Berenice project in South Africa’s Limpopo, after completing the first phase of drilling at the coking coal project. Universal Coal has the opportunity to...

Tony Harwood

Full name: Antony Harwood Position: Executive chairperson Universal Coal Main activity of the company: South African coal company with near-term thermal and coking coal production Date and place of birth: September 9, 1954, La Paz, Bolivia...