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Epic & Msn data
Epic CZA
Time: 08:01:22
Mid Price: 132.50
Change Today: -0.50 Descending
Change % Today: -0.38 Descending
Fifty Two Week High: 152.75
Fifty Two Week Low: 39.00
Market Capital: 636.68
Period & price data
Period Price
Now: 132.50
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM, ASX, JSE
Sector: General Mining - Coal
Epic: CZA
News: Latest news
Web Site: Coal of Africa
Other Articles: 11-03-201025-02-201002-02-2010

Coal of Africa

Coal of Africa, formerly GVM Metals, is primarily focused on the acquisition, exploration and development of thermal and metallurgical coal projects in South Africa.

The Company’s key projects, along with their leading metals processing company Nimag Group (Pty) Ltd are in South Africa.

Wednesday, May 20, 2009

Coal of Africa submits environmental studies for Vele colliery project in South Africa

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South Africa-focused Coal of Africa Ltd (AIM, ASX, JSE: CZA)  said it has submitted an Environmental Impact Assessment and Environmental Management Programme to the Department of Minerals and Energy as part of new order mining right application for the Vele colliery project.

The company has committed to spending Rand500 million over thirty years to ensure the highest levels of environmental and social performance. 

Despite recent media reports to the contrary, the proposed Vele project is not located within the  Mapungubwe National Park, it added.

The project will be located approximately 48 kilometres west of Musina, adjacent to existing intensive agriculture on the Limpopo river bordering Zimbabwe.

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