acaldin
- 26 Apr 2006 20:20
buy cdn now its at the start of a bull in china!
goal
- 29 Sep 2006 10:05
- 16 of 59
Caledon Resources secures option to buy Australia's Minyango coal mine
AFX
LONDON (AFX) - Caledon Resources PLC said it secured the option to acquire the Minyango coal deposit in Australia.
The group signed the option agreement with Red Flint International Ltd. It will buy the asset in stages, with the final payment due late next year. The deal is estimated to cost around 42 mln aud, part of which may be paid in Caledon shares.
Minyango has an inferred coal resource of 500 mln tonnes. It is located 15 kilometres from the 126-mln tonne Cook coal mine, which Caledon bought from Xstrata PLC last month.
'Caledon has commenced the shift of focus from solely being an explorer to a producing coal mining company,' said chief executive George Salamis. It is ready to make progress on the projects once the deals have been finalised, he added.
Caledon hopes to resume trading on London's Alternative Investment Market in December, he said.
Salamis gave the comment after the group swung to a profit before tax of 1.15 mln stg in the first half to June from a loss of 1.2 mln last time following the sale of its remaining stake in the El Dorado gold project.
Net profit reached 832,000 stg as against a loss of 1.2 mln previously. Caledon has yet to generate revenues.
monicca.egoy@afxnews.com
mbe/jc
georgetrio
- 29 Sep 2006 10:15
- 17 of 59
CHEERS EVERYONE
CALEDON will be back onto the market in December as producer of coal. congratulations to Caledon.
things to remember:
- Minyango has an inferred coal resource of 500 mln tonnes. It is located 15 kilometres from the 126-mln tonne Cook coal mine, which Caledon bought from Xstrata PLC last month.
- Net profit reached 832,000 stg as against a loss of 1.2 mln previously
- Excellent management
JT Master Investor
- 29 Sep 2006 10:20
- 18 of 59
I bought in about an hour before they got suspended. Hopefully it will prove a good investment as I have been hearing good things about the cook mine!! On t1ps they have a re-list price of around 10-15p and that 15p would not be over generous!!
georgetrio
- 29 Sep 2006 10:28
- 19 of 59
J t Master
nice timing, hold on tight. i like CDN and above all the management. Very serious, trustworthy, good communicators. i bought it a year ago around 2p and 3p. What i understand is: the management always looking to increase shareholders value. And they've done it and they will do it again. Seriously TOP banana.
goal
- 20 Nov 2006 07:58
- 20 of 59
AIM
20 November 2006
NOTICE
(807)
20/11/2006 7:30am
RESTORATION OF TRADING ON AIM
CALEDON RESOURCES PLC
The trading on AIM for the under-mentioned securities was temporarily suspended.
The suspension is lifted from 20/11/2006 7:30am - a document having been
published and an announcement having been made.
Ordinary Shares of 0.1p each (0-971-333)(GB0009713339)
fully paid
If you have any queries relating to the above, please contact the company's
nominated adviser on 020 7518 2777
AIM Regulation
Ref: AIMNOT807
This information is provided by RNS
The company news service from the London Stock Exchange D
goal
- 24 Nov 2006 18:41
- 21 of 59
Caledon Resources PLC
24 November 2006
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1) Name of company
CALEDON RESOURCES PLC
2) Name of shareholder having a major interest
UBS AG, acting through its business group and legal entities detailed below
3) Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
As 2
4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Not disclosed
5) Number of shares/amount of stock acquired
Not disclosed
6) Percentage of issued class
N/A
7) Number of shares/amount of stock disposed
Not disclosed
8) Percentage of issued class
N/A
9) Class of security
Ordinary Shares of 0.1p each
10) Date of transaction
Not disclosed
11) Date company informed
22 November 2006
12) Total holding following this notification
16,550,000
13) Total percentage holding of issued class following this notification
4.89%
14) Any additional information
Position held by UBS AG London Branch
Interest in 16,550,000 ordinary shares is as at the close of business on 21
November 2006.
15) Name of contact and telephone number for queries
Jeremy Gorman
Company Secretary
020 7935 0027
16) Name and signature of authorised company official responsible for making
this notification
Jeremy Gorman
Company Secretary
020 7935 0027
Date of notification 24 November 2006
This information is provided by RNS
The company news service from the London Stock Exchange
goal
- 13 Dec 2006 18:11
- 22 of 59
Caledon Resources PLC
13 December 2006
Caledon Resources PLC
Extraordinary General Meeting
13 December 2006
Shareholders approve Australian coal acquisitions
The Board of Caledon Resources PLC ('Caledon' or the 'Company') (AIM: CDN) is
pleased to announce that all resolutions were duly passed at the Company's
extraordinary general meeting ('EGM') held today at 11 a.m.. At the EGM,
shareholders approved Ordinary and Special Resolutions as follows:
to approve the acquisition of the Cook Mine for a total consideration of
A$45.6m
to approve the Minyango Acquisition for a total maximum consideration of
A$42m
to approve the acquisition of the entire issued share capital of Mining
Technology Partnerships Pty Ltd for a total maximum consideration of A$8.5m
to authorise the Directors to allot shares up to an aggregate amount of
384,780 in connection with the acquisition of Mining Technology
Partnerships Pty Ltd, the Placing and the Broker Warrants
to authorise the Directors to allot shares generally, up to an aggregate
nominal amount of 275,000
to approve the consolidation of every five Ordinary Shares of 0.1p each
in the share capital of the Company, into one new Ordinary Share of 0.5p
each
to disapply statutory pre-emption rights in connection with, inter alia,
the Placing
to disapply statutory pre-emption rights in connection with rights issues
and issues of equity securities up to an aggregate nominal amount of
175,000
to authorise the reduction of the share capital of the Company by the
cancellation of the Deferred Shares
to amend the Articles of Association of the Company
Admission of the Ordinary Shares of the Company to AIM is expected to take place
at 8.00am on 14 December 2006, at which point the proposed Cook Acquisition,
Minyango Acquisition and MTP Acquisition will have completed subject to final
payment of funds. It is expected that CREST accounts will be credited, and the
Ordinary Shares of 0.5p each will be admitted to trading on AIM, on 14 December
2006.
As highlighted in the admission document published on 20 November 2006, the
Company has now agreed terms with Xstrata in relation to the Xstrata Loan Note.
The principal terms of the Xstrata Loan Note provide for a coupon of 9 per cent.
per annum and a right to convert the principal amount of the loan note of A$15
million into Ordinary Shares at a premium of 3 per cent. to the Placing Price.
The Xstrata Loan Note will become repayable on the first business day following
366 days from completion of the Cook Acquisition, to the extent it has not by
that time been converted by Xstrata. Each of Caledon Coal Pty Ltd and CC Pty Ltd
has provided security over its business and assets in favour of Xstrata in
respect of the Xstrata Loan Note pursuant to a second amendment deed to the Cook
Acquisition Agreement. Accordingly, the Company will pay A$25,600,000 to CRM in
cash and issue the Xstrata Loan Note in satisfaction of the consideration due
under the Cook Acquisition Agreement. In addition, Xstrata has been granted the
right to appoint a director to the board of directors of the Company until the
second anniversary of Admission. Caledon has also agreed that it will, one day
after the first anniversary of Admission, provide Xstrata with an unconditional
bank guarantee or documentary letter of credit for a maximum liability of A$10
million as security for the 'take or pay' rail and port commitments entered into
by Xstrata in connection with Cook Coal for the following year.
Terms and expressions used in this announcement shall, unless the context
otherwise requires, have the same meanings given to them in the Company's
admission document published on 20 November 2006.
Robert Alford, Caledon's Chairman, said: 'This is a milestone event for Caledon
and its shareholders, marking the passage of the Company from resource explorer
to resource producer, laying the foundation for the formation of a significant
mining company. The resoundingly positive voting turn-out, firmly in support of
the EGM resolutions, marks the culmination of 11 months of hard work conducted
on three continents. I would like to especially thank our executive management
for the long hours spent on these transactions and our shareholders for their
patience and support in this transformational event'.
For more information -
Caledon Resources plc
George Salamis
gsalamis@caledonresources.com
Investor Relations
Donal Douglas
ddouglas@caledonresources.com
+44 (0) 20 7318 5780
Facsimile +44 (0) 20 7318 5781
CanaccordAdams Limited (NOMAD & Broker)
Robin Birchall / Andrew Chubb
+44 (0) 20 7050 6500
Conduit PR
Lessa Peter/Jos Simson
leesa@conduitpr.com/
jos@conduitpr.com
+44 (0) 20 7429 6666
About Caledon: Caledon is a London AIM listed (AIM:CDN) Company. The acquisition
of the Cook Mine and the Minyango coal project, both situated in the Bowen
Basin, Queensland Australia, transforms the business of the Caledon Group from
gold exploration to a coal producer. Caledon's Cook Mine is host to a minable
reserve of 17 Mt of coking and thermal coal. A 10 year mine plan has been
established by the Company with a projected coking and thermal coal production
rate of 900,000 tonnes of coal projected for 2007, increasing to 1.5 Mt per
annum in 2008 and closer to 2 Mt per annum in 2009. The neighbouring Minyango
project is host to over 200Mt of in-situ extractable coal. Caledon is conducting
exploration at Minyango with the goal of converting resources to reserves on the
project, with a view to potentially increasing Caledon's production in the
near-term.
This information is provided by RNS
The company news service from the London Stock Exchange
goal
- 20 Dec 2006 19:32
- 23 of 59
Caledon Resources PLC
20 December 2006
Caledon Resources plc
20 December 2006
Caledon Resources plc
Total Voting Rights and Share Capital
In conformity with the Transparency Directive's transitional provision 6,
Caledon Resources plc is required to notify the market of the following:
Caledon Resources plc's issued share capital consists of:
i) 138,986,577 ordinary shares with a nominal value of 0.5 pence each, each
carrying voting rights of one vote for each ordinary share; and
ii) 2,466,273,843 deferred shares with a nominal value of 0.1 pence each,
each carrying no voting rights. Subject to approval of the Court, the
deferred shares will be cancelled.
Caledon Resources plc does not hold any ordinary shares in Treasury.
Therefore, the total number of voting rights in Caledon Resources plc
is 138,986,577.
The above figure of 138,986,577 shares may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in,
Caledon Resources plc under the Financial Service Authority's Disclosure
and Transparency Rules.
Name of contact and telephone number for enquiries:
Jeremy P Gorman
Caledon Resources plc
Company Secretary
020 7935 0027
Caledon Resources plc
18 Upper Brook Street
London W1K 7PU
Registered in England and Wales No. 3993115
This information is provided by RNS
The company
goal
- 21 Dec 2006 14:09
- 24 of 59
goal
- 01 Mar 2007 12:01
- 25 of 59
Cook Colliery Update What Price next year??
goal
- 01 Mar 2007 12:02
- 26 of 59
goal
- 01 Mar 2007 12:07
- 27 of 59
goal
- 21 Mar 2007 08:09
- 28 of 59
Good news. Caledon Resources says commercial production started at Cook coal mine
AFX
LONDON (AFX) - Caledon Resources PLC said commercial production has started at its Cook coal mine in Queensland, Australia.
Production from the mine is set to start at 50,000 tonnes of coal per month rising to 100,000 by the third quarter.
The AIM-listed company expects an annualised coal production rate of 1.5 mln tonnes being achieved in 2008.
'In less than 12 months, we have successfully negotiated the acquisition of the Cook Mine from Xstrata, completed detailed engineering studies, obtained financing, completed mine re-commissioning and commenced commercial production on budget,' said chairman Robert Alford.
newsdesk@afxnews.com
goal
- 29 Mar 2007 09:47
- 29 of 59
http://www.caledonresources.com/Website A picture of the first coal production.
transco
- 26 Apr 2007 19:01
- 31 of 59
Im in - its taken some time!!!!!!!!!!! though
goal
- 27 Apr 2007 09:38
- 32 of 59
Up over 4% at the moment, I'll bet you have a smile on your face transco.
goal
- 27 Apr 2007 16:58
- 33 of 59
Well, it finished down on the day but Caledon Resources have a bright future, I'm looking forward to next few months. Regards goal.
transco
- 27 Apr 2007 17:50
- 34 of 59
Me too I had writen them off - the smile is wide goali!!!
You have some?
goal
- 13 Jun 2007 10:37
- 35 of 59
LONDON (Thomson Financial) - Caledon Resources PLC said production at Cook coal mine in Queensland, Australia, is ramping up and it plans to increase coking and thermal coal production to 100,000 tonnes per month from 10,000 tonnes over the year.
The mining company expects an annual coal production rate of 1.5 million tonnes in 2008 at Cook Mine.
Caledon also said the coking coal market has tightened due to rail and port constraints in Australia, combined with increasing demand from India and China, and this is putting upward pressure on prices.
TFN.newsdesk@thomson.com
faj/lam
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