Western Coal Corp - Operating Plans
16 Março 2010 - 10:00AM
UK Regulatory
TIDMEBG TIDMWTN
RNS Number : 6609I
Energybuild Group PLC
16 March 2010
Energybuild Group Plc / Index: AIM / Ticker: EBG / Sector: Mining
16 March 2010
Energybuild Group Plc ('Energybuild' or 'the Group')
Western Coal Corp. 2011 Operating Plans
Energybuild Group Plc, the Welsh producer of deep mined premium anthracite coal
and surface mined coal, announces that certain financial and operational
information on the Group has been included in the Western Coal Corp. ('Western')
announcement dated 16 March 2010, detailing Western's operating plans for 2011.
The information relating to Energybuild can be found specifically under the
heading "UK Operations" and is in line with Energybuild's plans to increase
annual production to 750,000 tonnes of high quality anthracite coal by June
2013.
* * ENDS * *
For further information please visit www.westerncoal.com or contact:
+--------------+--------------------------+--------------------+
| Rhidian | Energybuild Group Plc | Tel: 01639 722 400 |
| Davies | | |
+--------------+--------------------------+--------------------+
| Karl | Energybuild Group Plc | Tel: 01639 722 400 |
| Picton-Jones | | |
+--------------+--------------------------+--------------------+
| John Prior | Arbuthnot Securities | Tel: 020 7012 2000 |
| | Limited | |
+--------------+--------------------------+--------------------+
| Ed Burbidge | Arbuthnot Securities | Tel: 020 7012 2000 |
| | Limited | |
+--------------+--------------------------+--------------------+
| Hugo de | St Brides Media & | Tel: 020 7236 1177 |
| Salis | Finance Ltd | |
+--------------+--------------------------+--------------------+
| Paul Youens | St Brides Media & | Tel: 020 7236 1177 |
| | Finance Ltd | |
+--------------+--------------------------+--------------------+
Notes:
Energybuild Group Plc is an AIM listed developer and producer of Welsh
anthracite and surface mined coal. The Group is presently developing the
Aberpergwm Mine and adjoining underground anthracite coal reserves and resources
located in the Neath and Dulais Valleys of South Wales. The mine has a current
proven and probable coal reserve of 6.8 million tonnes and estimated recoverable
inferred coal resource of 36.9 million tonnes. Energybuild also operates the
nearby Nant y Mynydd and Forest Quarry surface opencast coal and stone mining
areas and has identified further possible opencast sites within the Aberpergwm
Surface Lease for potential development.
Western Coal Corp. owns a 54.7% interest Energybuild. It is a producer of high
quality metallurgical and thermal coal from mines located in northeast British
Columbia (Canada) and West Virginia (USA). The mines have the capacity to
produce 7 million tonnes per year and have over 20 years of coal reserves.
Other interests owned include a 45% interest in Xtract Energy (XTR: AIM), 20%
interest in NEMI Northern Energy & Mining (NNE.A: TSX) and 100% of a small gold
and antimony operation in Australia. Western Coal Corp. is headquartered in
Vancouver, BC, Canada, and trades on the AIM and TSX stock exchanges under the
symbol 'WTN'. Further information can be found at its website
www.westerncoal.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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