Home Tags Witbank Coalfields

Witbank Coalfields

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 before year-end following completion of its acquisition of the Witbank...

IchorCoal, Universal Coal major shareholder increases stake further

IchorCoal N.V., a major shareholder in ASX-listed coal junior Universal Coal, has increased its holding of ordinary shares in the company from 18.51% to 29.99%. Universal Coal owns and operates the Kangala colliery near Delmas and...

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 half-yearly EBITDA, while also doubling coal output by the end...

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 Bank. This will enable the company to fund the final phase...

LATEST FEATURES