COAL OF AFRICA LIMITED - Minister dismisses appeal against Environmental Authorisation Amendment at Makhado Project

Minister dismisses appeal against Environmental Authorisation Amendment at Makhado Project

 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                                                                     02 NOVEMBER 2016


   MINISTER DISMISSES APPEAL AGAINST ENVIRONMENTAL AUTHORISATION AMENDMENT AT
                                           MAKHADO PROJECT


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 an Appeal against the
Environmental Authorisation (“EA”) Amendment for the Makhado Project in the Limpopo Province. .


The EA Amendment was granted in July 2016 in terms of the National Environmental Management Act
(NEMA) (Act 107 of 1998), amending the holder of the authorisation from CoAL to Baobab Mining and
Exploration Limited (Pty) Ltd, the legal entity for the Makhado Project, thus ensuring the alignment of the
ownership of the full suite of regulatory authorisations in the appropriate operating vehicle.     The EA
Amendment further amends the validity period of the EA, extending the commencement period for an
additional 5 years.


An appeal against the EA Amendment was lodged in August 2016 by the Vhembe Mineral Resources
Stakeholders’ Forum.


Commenting on the decision, David Brown, Chief Executive Officer of CoAL said, “We welcome this decision
by the Minister, and confirms the support of the Provincial and National Government for the Makhado Project
and its potential to drive meaningful socio-economic transformation. It is a further step in progressing the
Makhado Project towards construction.


“We have recently launched the Makhado Centre of Learning which aims to develop skills within communities
to enable access to opportunities offered within the Makhado Project.
“CoAL continues to engage with the Department of Water and Sanitation progress the appeal against the
Integrated Water Use Licence for the Makhado Project”.


Authorised by
David Brown
Chief Executive Officer


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:
Matthew Armitt/Ross Allister                                    Nominated Adviser and Broker                         Peel Hunt LLP                  +44 20 7418 8900

Jos Simson/Emily Fenton                                         Financial PR (United Kingdom)                        Tavistock                      +44 20 7920 3150

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 De Wet O.Schutte - Chief Financial Officer
Non-executive directors: Peter G. Cordin, Andrew D. Mifflin, Khomotso B. Mosehla , Thabo F. Mosololi, Rudolph H. Torlage, Shangren Ding

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