Inactive Instrument

Universal Coal Plc

Equities

UNV

AU000000UNV0

Universal Coal Plc Signs Coal Supply Agreement with Eskom

August 05, 2019 at 08:27 pm

Universal Coal Plc announce the execution of a Coal Supply Agreement with Eskom for 100% of Ubuntu Colliery's ("Ubuntu") coal production. Under the CSA, the Ubuntu Colliery will deliver 1.2Mtpa of thermal coal to Eskom with first coal delivery set for November 2019, with build-up of production over a short six month period. This increase in sales volume underpins the Company's confidence in reaching its annualised sales target of 9.6Mtpa to market by fiscal year 2021.

Latest news about Universal Coal Plc

Universal Coal Provides Information to Shareholders	20-07-03	CI
Universal Coal plc Announces Production and Sales Results for the Quarter and Year to Date Ended March 31, 2020	20-04-28	CI
Universal Coal Plc(ASX:UNV) dropped from S&P/ASX Emerging Companies Index	20-04-02	CI
Universal Coal Postpones its General Meeting of Shareholders	20-04-01	CI
Universal Coal plc Announces Board Changes, Effective 3 April 2020	20-04-01	CI
TerraCom : Australia's TerraCom closes UK-based Universal Coal acquisition	20-03-26	RE
TerraCom Limited completed the acquisition of 80% stake in Universal Coal Plc from a group of shareholders.	20-03-25	CI
Universal Coal Plc provides Information to the Shareholders	20-03-11	CI
Universal Coal plc Provides Information to the Shareholders	20-03-05	CI
Universal Coal plc Reports Earnings Results for the Half Year Ended December 31, 2019	20-02-27	CI
Universal Coal Plc Announces No Interim Dividend Payment for the Period Ending December 2019	20-02-27	CI
Universal Coal Commences Legal Proceedings on TCIG Resources	20-02-25	CI
TCIG Resources Pte Ltd Provides Information to the Shareholders	20-02-19	CI
Universal Coal Receives Requisition Notices from TCIG Resources	20-02-17	CI
TerraCom : UK-based Universal Coal says TerraCom's buyout offer undervalues it	20-02-05	RE
TerraCom Limited made an offer to acquire remaining 80% stake in Universal Coal Plc from a group of shareholders for approximately AUD 120 million.	20-02-02	CI
Universal Coal plc Announces Production and Sales Results for the Fourth Quarter and Full Year Ended December 2019; Revises Production and Sales Guidance for the Fiscal Year 2020	20-01-29	CI
Universal Coal plc Appoints Mark Eames as Interim Chairman	20-01-20	CI
Universal Coal Plc Announces that TCIG Resources Pte Ltd Withdraws the Requisition Notice	20-01-15	CI
Universal Coal Plc Announces Resignation of John Hopkins OAM as Non-Executive Director and Chairman	20-01-13	CI
Universal Coal Announces the Date of Annual General Meeting	20-01-10	CI
Universal Coal Appoints Candidates to the Board Nominated by Brasidas Investment	19-12-12	CI
Universal Coal plc Announces Board Changes	19-12-12	CI
Universal Coal Plc Announces Board Appointments	19-12-03	CI
Universal Coal Plc Announces Resignation of Two Directors	19-12-01	CI

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Company Profile

Universal Coal Plc is engaged in coal mining, coal beneficiation, and mineral exploration and development of coal interests in South Africa. The Company's segments include Exploration and development of coal; Mining and sale of coal, and Corporate. The Company's thermal coal projects include Kangala Mine, NCC Roodekop Coal Project and Brakfontein Coal Project. Its Coking Coal Projects include Berenice/Cygnus and Somerville. The Kangala Mine produces approximately 2.1 million tons of saleable coal per annum and is located approximately 65 kilometers east of Johannesburg. The NCC Roodekop Coal Project is located over 35 kilometers south of the town Witbank and is in development. The Brakfontein Coal Project is located in the Delmas District approximately 20 kilometers south of Kangala Mine. The Berenice-Cygnus Coking Coal Project is located in the Soutpansberg coalfield. The Somerville Project is located in the Tuli coalfield, northwest of the Soutpansberg coalfield.

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