Last checked at 6 Sep 2013 15:38
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).