HomeNewsRecord sales at Universal Coal's Kangala

Record sales at Universal Coal’s Kangala

South Africa – ASX-listed coal mining junior Universal Coal has announced record sales at its Kangala colliery for the month of February 2015 of 172 000 t – 28 000 t over target.

The record comes almost 12 months following maiden production at the company’s 2.4 Mtpa run-of-mine (ROM) Kangala mine, located in the eMalahleni region of South Africa.

Of the record result, 160 000 t of domestic thermal coal was delivered to Eskom and 12 000 t were exported through the Richards Bay Coal Terminal.

The result follows the successful achievement of target sales for the month of January 2015, and positions the company well to deliver a strong Q3, 2015 result.

Besides the record sales tonnes, Kangala also achieved the milestone of having processed 2 Mt through the Coal Handling and Preparation Plant from the start of production to date.

Commenting, Tony Weber, Universal Coal CEO, said, “This is an outstanding achievement and is testament to the quality and efforts of our management team and contractors Stefanutti Stocks Mining Services and Mineral Resource Development. With Kangala now hitting its strides, we look forward to delivering continual strong production and sales figure.”

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