Universal Coal Plc Snapshot
THERMAL COAL PROJECTS:
The Kangala Coal Project is located approximately 65km east of Johannesburg, in the Witbank coalfield in Mpumalanga province, which supplies more than 50% of South Africa's saleable export and domestic coal.
The Brakfontein Coal Project is located in the Delmas district, on the western margin of the Witbank coalfield. Brakfontein has a valid new order Prospecting Right and a Mining Right will be applied for when Measured Resources have been delineated.
The Roodekop Coal Project is located in the Kriel district, centrally on the southern margin of the Witbank coalfield. Universal Coal has the opportunity to acquire up to 74% of the prospecting rights of this project from its BEE partner.
COAKING COAL PROJECTS:
The Berenice Coking Coal Project is located in the Soutpansberg coalfield, which is situated north of the Soutpansberg mountain range in South Africa's Limpopo province.
The Somerville Project is located in the Tuli coalfield, northwest of the Soutpansberg coalfield, with a gross in-situ inferred resource of 274Mt and inventory in excess of 550Mt.
Dr Antony Harwood - Executive Chairman
Tony Harwood is a mining executive with a background as an exploration and economic geologist with extensive global management experience, across a range of commodities, focusing primarily in Africa; moving from academia into consulting and consolidating a career in senior management and Board appointments.
In 2006, he was appointed President and CEO of Africo Resources Limited. The company was listed on the TSX and raised $124 million. Prior to this, he was VP of Placer Dome Inc. (now Barrick Gold) and established Placer Dome in Africa, opening the Johannesburg regional office. During this time Placer acquired two mines and outlined over 17 million ounces of PGM resources through exploration before its take-over by Barrick Gold in 2006.
Tony has over 26 years' experience as a consultant and senior executive and has facilitated many international mining companies into Africa either to explore or acquire properties or companies. Tony is a non executive director of Adamus Resources (TSX/ASX) and Auryx Gold Corp. (TSX).
Tony Weber - Chief Executive Officer
Tony Weber is a mining engineer with over 15 years' experience in mining with experience that covers project assessment, finance, development and operations. Tony was an executive director of Nkwe Platinum, an Australian listed Platinum developer. Prior to joining Nkwe Platinum in 2003, he worked for Anglo Platinum as Operations Manager at the 40-60 million tonne per annum Potgietersrus Platinum Mine and at the Gamsberg Feasibility Study for Anglo American Operations.
Previously, Tony worked at the New Clydesdale Colliery and the Greenside Colliery for GFSA and for a brief period at the Prosper Hanniel Colliery in Germany.
He has significant skills and experience in coordinating project feasibility studies and hands-on operational experience in the coal extraction industry.
Hendrik Bonsma - Non Executive Director
Henri Bonsma is a qualified lawyer and businessman with interests throughout South Africa and has been actively investing in the South African mining industry for over a decade. Currently Henri is a Partner at Brink, Bonsma and de Bruyn, a Pretoria-based law firm, a director and co-shareholder of PBD Holdings, the largest producer of agricultural lime in South Africa and a director and co-shareholder of Motor Vision, a services company active in the contract mining and platinum industry.
In 2004, he initiated the reverse listing of Creditvision Venture Capital to the Venture Board of the JSE and in 2005 he initiated the reverse takeover of Verimark to list the company on the main board of the JSE. Between 2000 and 2007, he undertook numerous mining transactions including sales to Impala Platinum, Nkwe Platinum and Aquarius Platinum and the purchase of significant chrome deposits from Samancor and their subsequent sale to Chrome Corporation. Henri concluded several sale and purchase transactions of Vanadium, Iron Ore and Coal assets in South Africa.
He is largely responsible for advancing the Kangala Coal Project as well as sourcing additional projects for the company on a case by case basis.
Shammy Luvhengo - Non Executive Director
Shammy is a qualified geologist who started his career with Exxaro Resources before moving into the investment world. Shammy worked for Investec Bank and Nedbank Capital, structuring and implementing project finance and BEE deals within the resources industry. Prior to joining Universal Coal, he worked at Nkwe Platinum Ltd as Head of Business Development and Investor Relations.
John Hopkins - Non Executive Director
John Hopkins is a qualified and experienced lawyer and professional company director. He has been on the board or chairman of nearly 20 public listed companies since 1985 (both in Australia and Canada) and as such has been involved in the financing and development (and subsequent M & A activities) of many gold, base metal, energy (coal and oil and gas), mineral sands and other resource projects all over the world.
Previously, John spent 12 years as a partner of what was then a leading Perth law firm, during which time he was involved in a range of corporate, business and resource transactions for major national and international companies. He then went on to found his own law firm from which he retired in 1998.
He is currently chairman of ASX listed emerging gold producer Adamus Resources Ltd (ADU) and as such has overseen its last 4 years in making the transition from explorer to producer. John is also the Non-Executive Chairman of ASX listed Wolf Minerals Ltd (WLF). John is a Fellow of the Australian Institute of Company Directors.
38 Jermyn Street
Tel: +44 (0) 207 292 9120
Fax: +44 (0) 203 214 0079
South Africa office
467 Fehrsen Street
Email: [email protected]
Tel: +27 12 460 0805
Fax: +27 12 460 2417
Suite 2, Level 2
28 Kings Park Road
West Perth, WA, 6005
Email: [email protected]
Tel: +61 8 6267 0210
Fax: +61 8 9481 1840