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Tony Weber

Universal Coal

Universal Coal acquires third colliery

Universal Coal has completed the acquisition of its third operating colliery. The assets that comprise the North Block Complex was aqcuired from Exxaro.
coal Somkhele Tendele Mining

Coal mining right ownership transfer awarded to Universal Coal subsidiary

Universal Coal subsidiary, North Block Complex, has been granted Section 11 approval by the Department of Mineral Resources for the ownership transfer of Glisa and Eerstelingsfontein mining rights.
exxaro coal

Universal Coal flexes its merger and acquisition muscles

ASX-listed Universal Coal has announced that a subsidiary of the company, North Block Complex has entered a sale and purchase agreement with Exxaro Coal Mpumalanga and Exxaro Coal for the acquisition of assets that...

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% higher than for the previous quarter. The expected EBITDA increase, which...

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 NCC project to 20 years following massive increases to its...