Ichor Coal NV: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Ichor Coal NV Updates on Production Capacities of Vunene Mining (Pty) Ltd
Ichor Coal NV announced that it is advancing in the production capacities of its South-African subsidiary Vunene Mining (Pty) Ltd. In the next weeks production will start in Block D and Portion 9 of Vunene's Usutu Colliery with a monthly production of up to 180,000 respectively 50,000 tons. The development of Portions OC2 and OC3 has started and will be finished by the end of the year. Vunene Mining is one of the South African mining companies, which have in addition to the Mining Licence an Integrated Water Use Licence as well as a Licence in accordance with the South African National Environmental Management Act.
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