Certainly a great paragraph this...
"Continental has been moving pretty quickly of late, in its plans to ramp up production from the current two million tonnes per year to a far more ambitious seven million tonnes by 2012. Thereafter the plan is to go to 10 million tonnes by 2015, but one thing at a time. At the moment there are two mines in operation, Vlakvarkfontein and Ferreira, the first of which is currently ramping up to production at 100,000 tonnes per month, the second of which is producing, at a steady state, 55,000 tonnes per month of export-quality thermal coal. Two more mines, Penumbra and De Wittenkrans are due to come into production within the next two years. Penumbra, says Don, will be ready by the end of 2011, while De Wittenkrans should be up and running in 2012."
NM
Add to My Watchlist
What is My Watchlist?