CCC continental coal limited

Daytime I am doing other business, I did not checked CCC posts....

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    Daytime I am doing other business, I did not checked CCC posts. Regarding your pot inquiry, at the moment CEO is Mr Don Turvey and I found his background and so on from
    Miningmx » Rainmakers » View Profiles
    (it did not mention when published)

    Don Turvey
    CONTINENTAL COAL - CEO

    Continental Coal has raced into production at an impressive clip, reaching run-of-mine production of two million tonnes annualised (Mtpa) by the end of 2011. But it’s the acceleration of future output, and the quick-fire mobilisation of the balance sheet that’s most impressed. Led by the unassuming former BHP Billiton manager, Don Turvey, production by 2013 is slated to be 7Mtpa. Two key projects – Penumbra and De Wittekrans – are behind the growth, with current output coming from Vlakvarkfontein and Ferreira, both in Mpumalanga. De Wittekrans, a $213m project following a bankable feasibility study in November, is the “company maker,” as Turvey described it. Turvey helped raise $800m in debt and equity finance – a fifth more than its quoted value in Australia at that time – and completed an empowerment deal with the Sishen Iron Ore Company Community Development Trust (SIOC-cdt), which derives its ability to invest in Continental Coal from Kumba Iron Ore’s dividend flow. That’s a safe partner to have. In another corporate development, Continental Coal added a London listing in an effort to broaden its investor base. Any export coal it produces can be sent through its 200Kt of Quattro entitlement, a system designed exclusively for empowerment entities.

    LIFE OF DON: A mining engineer with a Masters degree in Business Leadership, Turvey has been mainly with BHP Billiton, where he worked on projects and minerals reserve management. He is a past president of the SA Colliery Managers’ Association and a member of the SA Institute for Mining and Metallurgy.


    Regards,
 
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