The 161st Sydney Mining Club to Feature Continental Coal Limited and Kimberley Metals Limited
28.10.2011 | ABN Newswire
Sydney, Australia - Jason Brewer, Executive Director of Continental Coal Limited (ASX:CCC) and Jim Wall, Executive Chairman of Kimberley Metals Limited (ASX:KBL) will present at the 161st Sydney Mining Club, Thursday November 3rd at 12.30 p.m.Continental Coal is an ASX and AIM listed company focused on thermal coal projects in South Africa. Continental is an established producer with two open cut mines in operation, one at Vlakvarkfontein between Johannesburg and Witbank, and the other at Ferreira close to Ermelo. Current production is 2Mtpa, but with another mine under development in the Ermelo area and a forth under feasibility study, the company is targeting 7Mtpa by 2013. The project under feasibility has a resource base of 250Mt and a potential mine life of 30 years. Jason Brewer who will present the Continental story is a mining engineer with operating experience in Canada, South Africa and Australia. He also brings considerable experience in corporate and project financing, capital raising, investment and project evaluation.
Jim Wall is well known to the Sydney Mining Club from his time as Chairman of CBH Resources and before that as MD of Savage Resources. Kimberley Metals was spun out of CBH in May 2008 with a portfolio of pre-development projects and the company listed in February 2010. Kimberley became Australia's newest copper producer when it shipped last week the first concentrates to China from the refurbished Minerals Hill mine near Condobolin in NSW. Current production is aiming at 5,000tpa of copper in concentrates with gold/silver credits. Kimberley also won approval recently to develop a gold/silver open cut operation at the Pearse project close to the Mineral Hills processing plant. Kimberley is also looking to announce an underground resource upgrade before the end of the year at Mineral Hill and then there are the silver, lead, zinc and iron ore projects in the Top End of Australia to hear more about.
Come along and hear an update on coal mining in South Africa from an Australian producer's perspective and listen to one of Sydney's own mining companies tell you about its production outlook right here in NSW.
About Sydney Mining Club:
The first Sydney Mining Club forum was held in March 1997.
The initial impetus for the formation of the Sydney club was discontent in the mining community with many aspects of the professional institutes and most of all with their ability to bring people together. Our activism led to the first changes to the constitution of the largest Institute in more than a century.
Source: Sydney Mining Club
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Email: info@sydneyminingclub.org
