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COAL OF AFRICA LIMITED - ASX: CZA
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
Coal of Africa Limited (’CoAL’), formerly GVM Metals Ltd, is primarily focused on the acquisition, exploration and development of thermal and metallurgical coal projects in South Africa. The Company’s key projects, along with their leading metals processing company Nimag Group (Pty) Ltd are in South Africa. The Company was incorporated in Western Australia and listed in 1980. Since 2005, the Company has also listed on both the AIM and JSE markets, allowing further growth in the Company’s coal assets.
Mooiplaats
Interest: *100% Awaiting MPRTO registration of right and/or section 11 consent
Location: Ermelo Coal Field, 1.7km to Camden Power Station
Area: 23,000Ha
Resource: 25 million (SAMREC indicated), 88 million (SAMREC measured)
Vele
Interest: *100% Awaiting MPRTO registration of right and/or section 11 consent.
Location: Limpopo Province
Area: 8,000 Ha
Resource: 720 mt:177mt measured
Makhado
Interest: 100% - 1.Awaiting MPRTO registration of right and/or section 11 consent. 2.Subject to Exxaro option 3.Including the Rio Tinto farm swap 4.CoAL holds 100% interest in the bulk of the farms and majority interest in all farms, and is in the process of acquiring 100% in the balance
Location: North of Soutpansberg, 60km from Musina
Area: >23,000Ha
Resource: 1,335mt
Holfontein
Interest: 100%
Location: East of Johannesburg, Witbank Coal Field
Area: 1160.8 hectares
Resource: 55 million (inferred)
Woestalleen
Interest: 100%
Location: Middleburgh
Washing Capacity: 4.5Mtpa ROM
Zonnebloem
Interest: 100% [1]
Location: Middleburgh
Resource: 19Mt
Production: 2.5Mtpa ROM
Hartogshoop
Interest: 100%
Location: Witbank
Production: 600ktpa
Resource: 1.2Mt within two seams
Klipfontein
* Located in the Witbank coalfield
* 1mt coal contained within two seams
* Quality is suitable for both export and Eskom markets
Opgoedenhoop
* Located in Ermelo coalfield
* 16Mt contained within 5 seams at depths suitable for a combination of opencast and underground mining.
* Quality is suitable for both export and Eskom markets
Mine For
coal
Location of operation(s)
South Africa
Address
Level 1, Old Swan Brewery 173 Mounts Bay Road
PERTH, WA, AUSTRALIA
Phone
(08) 9322 6776
Website
Last Updated
18/04/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
