To view the PDF file, sign up for a MySharenet subscription.

COAL OF AFRICA LIMITED - Mooiplaats update

Release Date: 07/12/2012 08:41
Code(s): CZA     PDF:  
Wrap Text
Mooiplaats update

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")

                                                                                                        07 December 2012

  178 Mooiplaats employees dismissed for participation in unprotected strike action

Coal of Africa Limited (“the Company”) advises that 178 employees at its Mooiplaats coal mine who have
been engaged in an unprotected strike since 3 December, were dismissed with immediate effect on 6
December 2012.

The dismissed employees, who constitute 48% of the mine’s total workforce, are affiliated to the National
Union of Mineworkers (“NUM”) and are part of the wages collective bargaining unit. They have been given
one week to appeal against their dismissal.

The strikers were protesting against the suspension of four of their colleagues who breached picketing
rules and terms of a court interdict during a protected strike at the mine in October, and were demanding
that the suspensions be lifted.

The mine’s remaining 190 employees will return to work on 7 December 2012 to resume operation of two of
its five underground sections, the processing plant and administrative functions.

Authorised by
JOHN WALLINGTON
Chief Executive Officer
07 December 2012


For more information contact:
David Brown                                        Chairman                                             Coal of Africa                                        +27 11 575 4363
John Wallington                                    Chief Executive Officer                              Coal of Africa                                        +27 11 575 4363
Sakhile Ndlovu                                     Investor Relations                                   Coal of Africa                                        +27 11 575 6858

Company advisors:
Jos Simson/Emily Fenton                            Financial PR (United Kingdom)                        Tavistock                                             +44 20 7920 3150
Chris Sim/Neil Elliot                              Nominated Adviser                                    Investec Bank plc                                     +44 20 7597 5970

                Suite 8,7 The Esplanade, Mt Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9315 5475, Email: perth@coalofafrica.com CAN 008 905388
 ZA: 2nd Floor, Gabba Building, The Campus, 57 Sloane Street, Bryanston, Johannesburg, South Africa 2021, Tel: +27 11 575 4363, Fax: +27 11 576 7484, Email: adminza@coalofafrica.co.za
                                UK: 5th Floor, 33 St. James’s Street, London, SW1A 1HD, United Kingdom, Tel: +44 (0) 20 7839 8840, Fax: +44 (0) 20 7004 0959


                       David H. Brown - Chairman, John N. Wallington - Chief executive officer, Professor N. A. Nevhutanda - Corporate affairs director, Bernard R. Pryor - Non-executive director,
                     Peter G. Cordin - Non-executive director, Khomotso B. Mosehla - Non-executive director, Dave J. K. Murray - Non-executive director, Rudolph H. Torlage - Non-executive director
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, including CoAL’s Makhado Project (coking coal) and the Mooiplaats and Woestalleen Collieries (both
thermal coal).




                                                                                                                                                   7927202/2

                                                                                                                                                    Page | 2

Date: 07/12/2012 08:41:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story