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Environmental Authorisation granted for Makhado

6 Sep 2013 15:38

RNS Number : 4535N
Coal of Africa Limited
06 September 2013
 



ANNOUNCEMENT 06 September 2013

 

Environmental Authorisation granted for the Makhado Project

 

Coal of Africa Limited is pleased to advise that the Limpopo Department of Economic Development, Environment and Tourism ("LEDET") has granted Environmental Authorisation in terms of National Environmental Management ("NEMA") (Act No 107 of 1998) and the Environmental Impact Assessment Regulations (2010) for the Makhado Project with effect from 30 August 2013. 

 

David Brown, Executive Chairman commented: "We welcome the decision by LEDET, which is a further step towards achieving full regulatory compliance for the Makhado Project, and enabling meaningful contribution to the socio-economic transformation of the Limpopo Province.

 

We are fully committed to creating sustainable value in the areas in which we operate, and will continue to engage with all our stakeholders to ensure the responsible development of the Makhado Project."

 

Authorised by

 

David Brown

Executive Chairman

06 September 2013

 

 

For more information contact:

David Brown

Executive Chairman

Coal of Africa

+27 11 575 4363

Michael Meeser

Chief Financial Officer

Coal of Africa

+27 11 575 4363

Celeste Harris

Investor Relations

Coal of Africa

+27 11 575 6857

Tony Bevan

Company Secretary

Endeavour Corporate Services

+61 08 9316 9100

 

Company advisors:

Jos Simson/Emily Fenton

Financial PR (United Kingdom)

Tavistock

+44 20 7920 3150

Chris Sim/Jeremy Ellis

Nominated Adviser

Investec Bank plc

+44 20 7597 5970

Charmane Russell/Jane Kamau

Financial PR (South Africa)

Russell & Associates

+27 11 880 3924 or

+27 82 372 5816

Investec Bank Limited is the nominated JSE Sponsor

 

About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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