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TerraCom rings in changes to Universal Coal Board

The management team of Universal Coal - Tony Weber (CEO) and Celeste van Tonder (CFO) will remain with the company for an initial six month period.
Boipelo coal

New Clydesdale Colliery is a silver lining for Boipelo

Since acquiring the New Clydesdale Colliery ASX-listed coal miner Universal Coal has proven that value can still be realised from older assets.

Eskom secures new coal supply contract

ASX-listed coal miner has executed a Coal Supply Agreement with Eskom for 100% of its production from its fourth operation Ubuntu colliery.
coal water

A smart water solution: Universal Coal’s Kangala awash with joy

The incorporation of a new water solution at Universal Coal’s Kangala colliery has over the last year proven to be a massive success.
Universal Coal

Afrimat backs down from proposed acquisition of Universal Coal

ASX-listed Universal Coal has announced the withdrawal of a non-binding indicative offer previously received from Afrimat to purchase it.

Weak performance for Wescoal in annual result

JSE-listed Wescoal weathered challenging trading conditions but delivered a weak overall performance for the full year ending 31 March 2019.
Tancoal coal

Universal delivers despite market downturn

ASX-listed Universal Coal has reported its first complete quarter with EBITDA of AUD$22.5 million and a 4% increase in sales volumes.
Universal Coal

Universal Coal’s bolsters NCC reserves and performance

ASX-listed coal miner Universal Coal has announced a JORC Code compliant update to the ore reserve for the North Block Complex, or NBC, in the Mpumalanga Province, South Africa of 55.5 Mt.
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.

Wescoal keen to join Universal Coal acquisition

In September 2018 Universal Coal announced that a consortium of investors led by Ata Resources have submitted an offer to acquire Universal Coal.