Quarterly Report for period ending 30 June 2011 (2303L)
28 Luglio 2011 - 8:00AM
UK Regulatory
TIDMCDN
RNS Number : 2303L
Caledon Resources PLC
28 July 2011
28 July 2011
Caledon Resources plc
('Caledon' or the 'Company')
Quarterly Report for period ending 30 June 2011
Caledon Resources plc, the AIM (CDN) and ASX (CCD) listed
Australian coking coal producer announces its quarterly report for
the period ending 30 June 2011.
COOK MINE - PRODUCTION
Quarter Year to Date
June June June June
2011 2010 Change 2011 2010 Change
--------- --------- ------- --------- --------- -------
'000 T's '000 T's % '000 T's '000 T's %
--------- --------- ------- --------- --------- -------
Raw coal
production 157 174 -10 336 325 +3
--------- --------- ------- --------- --------- -------
Coking coal
produced 102 97 +5 223 195 +14
--------- --------- ------- --------- --------- -------
Thermal coal
produced 29 27 +7 50 40 +25
--------- --------- ------- --------- --------- -------
Coking coal
sold 104 100 +4 226 203 +11
--------- --------- ------- --------- --------- -------
Thermal coal
sold 38 24 +58 52 41 +27
--------- --------- ------- --------- --------- -------
Cook Mine
Raw coal production was negatively impacted due to an earlier
than planned exit from a secondary extraction panel in the older
northern section of the mine. Development of the next secondary
extraction panel in the southern section of the mine is now
complete and secondary extraction recommenced on 16 July 2011.
Minyango
The Minyango EIS Draft Terms of Reference went on public
exhibition on 7 June for a period of six weeks. This period enables
stakeholders and interested parties to request that certain aspects
of the project are addressed in the Environmental Impact Assessment
and Statement.
For further information, please contact:
United Kingdom
Caledon Resources plc
Jeremy Gorman +44 (0) 20 3178 5486
RBC Capital Markets (NOMAD & Broker)
Martin Eales +44 (0) 20 7029 7881
Tavistock Communications (PR Adviser) Jos Simson/Emily Fenton
+44 (0) 20 7920 3150/+ 44(0) 7899 870 450
Australia
Caledon Resources plc
Mark Trevan +61 7 3309 3103
Disclosure requirements of the City Code
Under Rule 8.3(a) of the City Code, any person who is interested
in one per cent. or more of any class of relevant securities of an
offeree company or of any paper offeror (being any offeror other
than an offeror in respect of which it has been announced that its
offer is, or is likely to be, solely in cash) must make an Opening
Position Disclosure following the commencement of the Offer Period
and, if later, following the announcement in which any paper
offeror is first identified.
An Opening Position Disclosure must contain details of the
person's interests and short positions in, and rights to subscribe
for, any relevant securities of each of (i) the offeree company and
(ii) any paper offeror(s). An Opening Position Disclosure by a
person to whom Rule 8.3(a) applies must be made by no later than
3.30 p.m. (London time) on the 10(th) business day following the
commencement of the Offer Period and, if appropriate, by no later
than 3.30 p.m. (London time) on the 10(th) business day following
the announcement in which any paper offeror is first identified.
Relevant persons who deal in the relevant securities of the offeree
company or of a paper offeror prior to the deadline for making an
Opening Position Disclosure must instead make a Dealing
Disclosure.
Under Rule 8.3(b) of the City Code, any person who is, or
becomes, interested in one per cent. or more of any class of
relevant securities of the offeree company or of any paper offeror
must make a Dealing Disclosure if the person deals in any relevant
securities of the offeree company or of any paper offeror. A
Dealing Disclosure must contain details of the dealing concerned
and of the person's interests and short positions in, and rights to
subscribe for, any relevant securities of each of (i) the offeree
company and (ii) any paper offeror, save to the extent that these
details have previously been disclosed under Rule 8. A Dealing
Disclosure by a person to whom Rule 8.3(b) applies must be made by
no later than 3.30 p.m. (London time) on the business day following
the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or
understanding, whether formal or informal, to acquire or control an
interest in relevant securities of an offeree company or a paper
offeror, they will be deemed to be a single person for the purpose
of Rule 8.3.
Opening Position Disclosures must also be made by the offeree
company and by any offeror and Dealing Disclosures must also be
made by the offeree company, by any offeror and by any persons
acting in concert with any of them (see Rules 8.1, 8.2 and
8.4).
Details of the offeree and offeror companies in respect of whose
relevant securities Opening Position Disclosures and Dealing
Disclosures must be made can be found in the Disclosure Table on
the Panel's website at thetakeoverpanel.org.uk, including details
of the number of relevant securities in issue, when the Offer
Period commenced and when any offeror was first identified.
If you are in any doubt as to whether you are required to make
an Opening Position Disclosure or a Dealing Disclosure, you should
contact the Panel's Market Surveillance Unit on +44 (0)20 7638
0129.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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