COAL OF AFRICA LIMITED - Minister dismisses appeal against environmental authorisation at Vele

Minister dismisses appeal against environmental authorisation at Vele

 Coal of Africa Limited
 (Incorporated and registered in Australia)
 Registration number ABN 008 905 388
 ISIN AU000000CZA6
 JSE/ASX/AIM share code: CZA
 ("CoAL or the "Company" or the "Group")



ANNOUNCEMENT                                                                      19 NOVEMBER 2015


       MINISTER DISMISSES APPEAL AGAINST ENVIRONMENTAL AUTHORISATION AT VELE


Coal of Africa Limited (“CoAL” or the” Company”) is pleased to advise that the South African Minister of the
Department of Environmental Affairs (“DEA”), Ms Edna Molewa, has dismissed the Appeal against the
Environmental Authorisation (“EA”) Amendment for the Vele Colliery in the Limpopo Province.


The EA Amendment was granted in January 2015 in terms of the National Environmental Management Act
(NEMA) (Act 107 of 1998) and appeals were lodged in April 2015.


In evaluating the grounds of appeal, the Minister considered the fact that the EA Amendment would not pose
any additional impacts to those considered in the original Environmental Authorisation issued in terms of
Section 24G of NEMA in 2011.


David Brown, CEO of Coal of Africa said:


“We welcome this decision by the Minister and remain firmly committed to the co-existence model
implemented at Vele Colliery, which seeks co-operation between mining, agriculture and heritage land uses.
The Minister’s decision represents another step towards getting the Vele Mine back into production”.


CoAL will continue to progress the Renewal and Amendment Applications in respect of Vele’s Integrated
Water Use Licence (“IWUL”) Application under the South African National Water Act (“the Act”). The Colliery
was placed under care and maintenance in preparation for the approval and construction of the Plant
Modification Project as well as an assessment of forecast global coal prices. The Company previously
submitted applications to amend and renew Vele's IWUL and expects these to be granted during H2 CY2015.
Subsequently the company also decided to obtain approval relating to a non-perennial stream diversion. This
decision is only anticipated in H2 CY2016. The Company will await all regulatory approvals before the final
decision to proceed will be placed before the board


AUTHORISED BY:


David Brown




For more information contact:
David Brown                                                    Chief Executive Officer                              Coal of Africa                  +27 10 003 8000
De Wet Schutte                                                 Chief Financial Officer                              Coal of Africa                  +27 10 003 8000
Celeste Riekert                                                Investor Relations                                   Coal of Africa                  +27 10 003 8000
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
Matthew Armitt/Ross Allister                                   Nominated Adviser and Broker                         Peel Hunt LLP                  +44 20 7418 8900


Charmane Russell/Olwen Auret                                   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).


AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com

Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer,
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage

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