Universal Coal

Processing plant wage agreement concluded at Universal Coal Kangala colliery

A three-year wage agreement has successfully been concluded for the Universal Coal Kangala colliery coal handling and process plant in South Africa. Universal Coal is an ASX-listed...

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 reports record Q2 production, sales

Despite having achieved record revenue and production results for the quarter ending 30 June 2015, African coal producer Universal Coal plans to double its...

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...

Universal Coal resumes blasting at Kangala, Section 54 lifted

South Africa – Universal Coal, the ASX-listed coal junior has resumed blasting activities at Kangala colliery following the unconditional lifting of the Section 54...

Universal Coal’s Kangala on track to export coal production

South Africa's Universal Coal has started the hot commissioning of the dense medium separation circuit of its Kangala mine's washing plant, bringing it closer...

Latest Feature