Coal of Africa Ltd CZA Section 189A process commences at Mooiplaats

  Coal of Africa Ltd (CZA) - Section 189A process commences at Mooiplaats

RNS Number : 5290Q
Coal of Africa Limited
07 November 2012




ANNOUNCEMENT
07 November 2012





         Coal of Africa commences Section 189A process at Mooiplaats

                                      

Coal of Africa  ("CoAL" or  the "Company") confirms  that it  has commenced  a 
formal Section  189A process  in terms  of  the Labour  Relations Act  at  the 
Mooiplaats Colliery ("Mooiplaats" or the "Colliery").

The key  focus  of  the  restructuring  will  be  to  move  the  operation  to 
sustainability.Affected parties will be engaged through a formal consultative
process.

Authorised by

JOHN WALLINGTON

Chief Executive Officer

7 November 2012







For more information contact

John Wallington Chief Executive Coal of Africa                          +27 11
                Officer                                                 575
                                                                        4363
Wayne Koonin    Financial       Coal                                 of +27 11
                Director        Africa    575
                                                                        4363
Shannon Coates  Company         Coal of Africa                          +61 89
                Secretary                                               322
                                                                        6776
Sakhile Ndlovu  Investor        Coal of Africa                          +27 11
                Relations                                               575
                                                                        6858
Jos             Financial    PR Tavistock                               +44 20
Simson/Emily    (United                                                 7920
Fenton          Kingdom)                                                3150
Chris  Sim/Neil Nominated       Investec Bank plc   +44 20
Elliot          Adviser                                                 7597
                                                                        5970
Robert Smith    JSE Sponsor     Investec Bank Limited                   +27 11
                                                                        286
                                                                        7000
Charmane        Financial    PR Russell & Associates              +27 11
Russell/Jane    (South                                                  880
Kamau           Africa)                                             3924
                                                                        or

                                                                        +27 82
                                                                        372
                                                                        5816

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).

The Mooiplaats Colliery commenced production in 2008 and is currently  ramping 
up to  produce  1.6  Mtpa.  The Woestalleen  Colliery,  acquired  through  the 
acquisition  of  NuCoal  Mining  (Pty)  Limited  in  January  2010,  currently 
processes approximately  2.5Mtpa  of saleable  coal  for domestic  and  export 
markets. The Woestalleen Complex also incorporates three beneficiation  plants 
with a total processing capacity of 350,000 run-of-mine (ROM) feed tonnes  per 
month.

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCBKODKKBDDPDK -0- Nov/07/2012 10:15 GMT