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Environmental Authorisation Amendment granted for Vele Colliery
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
27 JANUARY 2015
Environmental Authorisation Amendment granted for Vele Colliery
Coal of Africa Limited (“CoAL” or “the Company”) is pleased to announce that the South African
Department of Environmental Affairs (“DEA”) has recently granted an Amendment of the
Environmental Authorisation in terms of the National Environmental Management Act (“NEMA”) (Act
107 of 1998) and the Environmental Impact Assessment Regulations (2010) for Vele Colliery
This amendment is the first of several required to be granted in relation to the planned modifications
to Vele’s processing plant, and is a further step toward achieving full regulatory compliance required
to begin construction.
Mr David Brown, Chief Executive Officer, commented, “The decision by the DEA is welcomed. We
will await the receipt of all regulatory approvals before the commencement of the plant modification.
The Company has also sought a renewal of the Integrated Water Use Licence and its amendment.
The current IWUL expires in March 2016, and the company felt it was prudent to renew this licence
prior to committing further shareholder funds to the project. The approval of the renewal is expected
at the end of Q2 CY 2015.
Mr Brown said, “We will continue to engage with regulatory authorities and other stakeholders at
Vele, as we continue to set a new benchmark for the co-existence between mining, agriculture and
heritage land uses within the area in which we operate. This period also gives the company further
time to assess the outlook for coal prices. Discussions continue with appropriate end users
regarding off take agreements.”
Authorised by
David Brown
Chief Executive Officer
For more information contact:
David Brown Chief Executive Officer Coal of Africa +27 10 003 8000
Michael Meeser Chief Financial Officer Coal of Africa +27 10 003 8000
Celeste Harris 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
Chris Sim/George Price/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).
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 , Michael G. Meeser – Chief Financial Officer
Non-executive directors: Peter G. Cordin, Andrew D. Mifflin, Khomotso B. Mosehla , Thabo F. Mosololi, Rudolph H. Torlage
Date: 27/01/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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