Planning approval received (9503I)
June 23 2011 - 2:00AM
UK Regulatory
TIDMATH
RNS Number : 9503I
ATH Resources plc
23 June 2011
Press Release 23 June 2011
ATH Resources plc
("ATH Resources" or the "Group")
Planning approval received for an extension to its existing site
at Glenmuckloch
ATH Resources plc (AIM:ATH), one of the UK's largest coal
producers, is pleased to announce that its application to mine 0.5
million tonnes of coal reserves from the Glenmuckloch East
extension has been approved by the local planning authority in
Dumfries and Galloway. As anticipated in planning processes of this
nature, a number of matters remain to be concluded prior to the
start of work at the mine which is scheduled to commence production
towards the end of 2011.
The Glenmuckloch East mine is an extension to ATH's existing
operation at Glenmuckloch which will finish in the autumn of this
year.
Alistair Black, Chief Executive of ATH Resources, said: "This
planning approval provides continued employment for 90 people in
the area and is an important contributor to the future of the ATH
business and the local economy in this part of Dumfries and
Galloway."
- Ends -
For further information:
ATH Resources plc
David Port, Executive Chairman Tel: +44 (0) 7836 693798
Alistair Black, Chief Executive Tel: +44 (0) 1302 760 462
www.ath.co.uk
Seymour Pierce Ltd
Sarah Jacobs / John Cowie (Nominated Tel: +44 (0) 207 107 8000
Adviser)
Richard Redmayne / Katie Ratner
(Broker)
www.seymourpierce.com
Media enquiries:
Abchurch
Joanne Shears / Mark Dixon Tel: +44 (0) 207 398 7729
mark.dixon@abchurch-group.com www.abchurch-group.com
Notes to Editors
ATH Resources was listed on the AIM market of the London Stock
Exchange in June 2004 and operates four surface coal mines in
Scotland; Skares Road and Netherton in East Ayrshire, Glenmuckloch
in Dumfries and Galloway and Muir Dean in Fife. The Group is
currently one of the largest producers of coal in the UK providing
coal principally to the electricity supply industry and also the
industrial and house coal markets. Coal is used to generate around
a third of the UK's electricity and the Group holds coal supply
contracts with four of the UK's main electricity generating
companies.
Further information on ATH Resources can be found at
www.ath.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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