New Clydesdale Colliery

Universal Coal

Universal Coal forecasts 29% increase in FY 2019 EBITDA

ASX-listed Universal Coal’s FY2019 EBITDA is expected to be A$93 million - an increase of 29% from last year - an increased sales tonnage to 6 Mtpa.

Universal Coal completes NCC acquisition, on track to multi-mine production status

Universal Coal, the ASX-listed coal junior in South Africa is on track to elevate its status from single mine operator to multi-mine coal producer...

Universal Coal effects drawdown of R285M funding facility

African coal producer Universal Coal has successfully effected the drawdown of R285 million worth of funding, or the Tranch A facility, of the Investec...

Universal Coal secures ownership of NCC & works to double coal...

ASX-listed coal junior Universal Coal has secured Ministerial approval in terms of Section 11 of the MPRDA for the transfer of ownership of the...

Universal Coal expects 50% increase in quarterly Group EBITDA

ASX-listed coal junior Universal Coal has revealed that Group EBITDA for the current quarterly reporting period is expected to be in excess of 50%...

Universal Coal secures R525M financing for New Clydesdale development

ASX-listed mid-tier coal mining company Universal Coal today announced that it has secured a senior secured debt finance facility of R525 million from Investec...

Universal Coal extends NCC lifespan to 20 years by trebling reserves

South Africa - Universal Coal, the ASX-listed coal company mining the Kangala colliery near Delmas in South Africa, has extended the lifespan of its...

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