Universal Coal

Universal Coal has over 1.93billion tonnes (Gross in-situ before losses) of JORC-compliant coal resources across five projects in South Africa; two highly prospective coking coal assets (Berenice-Cygnus and Donkin-Somerville, covering over 30 000 hectares in emerging coalfields), and three, low-cost, high-margin steam coal projects in the Witbank coalfield (Kangala, Roodekop and Brakfontein).

The company is committed to building a mid-tier coal mining company, creating value for shareholders through advancing these coking coal projects whilst developing low-cost, high-margin thermal coal assets serving both export and domestic markets.

Latest news and events

Response to media speculation regarding strategic investors

23 January 2012

Universal Coal plc advises the Company is reviewing the appointment of advisors to assist with informal approaches regarding its coking coal projects in the north of South Africa. Full release (PDF - 277KB)

Release from escrow

19 December 2011

Universal Coal wishes to advise that the following unquoted securities were released from escrow on 9 December 2011. Full release (PDF - 277KB)

Coking coal assets are set to define universal coal in 2012

15 December 2011

Universal Coal plc says recent developments at its coking coal projects in the north of South Africa will see the company position itself as a coking and thermal coal producer. Full release (PDF - 492KB)

Results of annual general meeting

13 December 2011

In accordance with ASX Listing Rule 3.13.2, Universal Coal plc (ASX: UNV) advises that the following resolutions put to the Annual General Meeting held on 12 December 2011, were passed on a show of hands. Full release (PDF - 439KB)

Brakfontein coal resource update

8 December 2011

The Board of Directors of Universal Coal plc is pleased to announce a resource update for the Brakfontein Thermal Coal Project, South Africa. Full release (PDF - 217KB)

Revised Appendix 5B (30 September 2011)

30 November 2011

Universal Coal wishes to advise that the Quarterly Cashflow Report (Appendix 5B) lodged by the Company on 1 November 2011 contained a material error in relation to the figures provided for the “Year to date” comparison. Full release (PDF - 217KB)

Large diameter drilling results confirm coking coal qualities and increased yields at the Berenice-Cygnus coking coal project

15 November 2011

Chairman Dr. Tony Harwood said, “We are delighted that the results of the large diameter sampling provided a better understanding of the type and quality of coking coal present at Berenice-Cygnus”. Full release (PDF - 176KB)