CCC 0.00% 0.1¢ continental coal limited

May 2010BackgroundContinental Coal Limited (ASX:CCC) is a new...

  1. 2,515 Posts.
    May 2010

    Background
    Continental Coal Limited (ASX:CCC) is a new Junior South African Coal exploration and
    development company. Continental has over 395 million tonnes of resources of coal on its South
    African properties. It expects production at its predominantly export thermal coal mines at Vaalbank,
    Project X and Vlakplaats to commence in 2011, at the rate of over 300,000 tonnes per month of
    export coal. Continental was formed to take advantage of the robust domestic and global demand
    for coal, with particular focus on South Africa, Botswana, Mozambique and Zimbabwe. Continental
    Coal is looking to enter production this quarter at its Vlakvarkfontein coal mine.
    !
 
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Currently unlisted public company.

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