Modern Mining March 2015

MINING News

Record sales in February by Universal’s Kangala colliery

ASX-listed Universal Coal has reported record sales for the month of February 2015 of 172 000 tonnes, 28 000 tonnes over target. The record comes almost 12 months after maiden production at the company’s 2,4 Mt/a run-of-mine (ROM) Kangala colliery, located near Delmas in the Witbank region. Of the record result, 160 000 tonnes of domestic thermal coal were delivered to Eskom and 12 000 tonnes exported through the Richards Bay Coal Terminal. The result follows the successful achieve- ment 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.

Universal Coal’s Kangala colliery has achieved the milestone of having processed 2 Mt through the Coal Handling and Preparation Plant from the start of production to date (photo: Universal Coal). our next operation, the 2,8 Mt/a ROM NCC Roodekop.” 

quality and efforts of our management team and contractors Stefanutti Stocks Mining Services and Mineral Resource Development. “With Kangala now hitting its stride, we look forward to delivering continual strong production and sales figures for the year ahead, in parallel with bringing on stream

(Editor’s note: As this issue was going to print, Universal announced – on 16 March – the occurrence of what it called a ‘high poten- tial incident (HPI)’ at Kangala, which led to several employees suffering minor injuries during a blast.)

DD-0423_LoosenMaterial_Layout 1 2/18/15 3:19 PM Page 1 Commenting, Tony Weber, Universal Coal CEO, said, “This is an outstanding achievement and is testament to the

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March 2015  MODERN MINING  13