ATH Resources Coal and Field Picture
Home | Company Profile | Operations | Planning & Development | Employment | Investor Info | News | Share Price | Contact Us
spacer
Shim
  Welcome/AIM Rules
Shim
Shim Latest Results
Shim
Shim Presentations
Shim
Shim Financial Reports
Shim
Shim Investor Alert
Shim
Shim Share Price
Shim
Shim Company Information
Shim
Shim PLC Board
Shim
Shim Corporate Governance
Shim
Shim Registrars / FAQ
Shim
Shim Dividend History
Shim
Shim Event Calendar
Shim
Shim Contact Us/ Advisers
Shim
Shim Shareholder info
Shim
Shim Reserve Reporting
Shim
Shim Admission Document
Shim
RoSPA Gold 2010
Shim
Shim
Shim
Shim
Shim Disclaimer
Shim
spacer
Investor Info > Share Price

Share Price

ATH
ATH Resources (ATH)
Sector: Mining
Share Price: 58.50p
Change Today: 0.50p
Market Cap: £23.44m

Your Share Value

Price Data

Currency UK Pounds
Price 58.50p Price Up
Change Today +0.50p
Volume 3,200
03-Sep-10 Close 58.50p
Shares Issued 40.08m
Market Cap £23.44m
Year End 04-Oct-09

Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Jul-10 06-Jan-10
Paid 23-Jul-10 27-Jan-10
Amount 1.00p 6.15p

Regulatory News

Planning approval received at Netherton mine

RNS Number : 2961O
ATH Resources plc
28 June 2010
 



 

Press Release

28 June 2010

 

ATH Resources plc

("ATH Resources" or the "Group")

 

Planning approval received for proposed new Netherton mine in Ayrshire

 

ATH Resources plc (AIM:ATH), one of the UK's largest coal producers, is pleased to announce that its application to mine up to 4.0 million tonnes of coal reserves and resources from its proposed Netherton mine has been approved by the local planning authority in East Ayrshire.  Following the completion of normal planning formalities, it is anticipated that coal production will commence in the fourth quarter of 2010, which is in line with analysts' expectations.  It is expected that the Netherton mine will continue to produce coal for a period of six years.

 

Tom Allchurch, Chief Executive of ATH Resources, said: "This planning approval ensures not only the long-term continuation of the Group's coal production but also generates further employment in East Ayrshire, where we have been a major employer for twelve years now.  Netherton, which will employ 110 people, is an important cornerstone in the future of our business and the local economy and we are extremely pleased to secure this important planning approval."

 

- Ends -

 

 

For further information:

ATH Resources plc


Tom Allchurch, Chief Executive

Tel: +44 (0) 1302 760 462

tom.allchurch@ath.co.uk

www.ath.co.uk

 



 

Seymour Pierce Ltd


John Cowie

Tel: +44 (0) 207 107 8000


www.seymourpierce.com

 

Media enquiries:

Abchurch


Sarah Hollins / Mark Dixon

Tel: +44 (0) 20 7398 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 five surface coal mines in Scotland; Skares Road, Grievehill and Laigh Glenmuir in East Ayrshire, Glenmuckloch in Dumfries and Galloway and Muir Dean in Fife.  The Group is currently the third largest producer of coal in the UK producing approximately 2 million tonnes per annum.  Coal is used to generate around a third of the UK's electricity and the Group now holds coal supply contracts with four of the UK's main electricity generating companies.

In June 2005, having raised £18 million by way of an Open Offer, the Group acquired two new opencast sites, Grievehill and Glenmuckloch in Scotland.  The acquisition increased the Group's reserve base by 160%.

In May 2006, the Group acquired ATH Regeneration a successful coal recovery, land remediation and regeneration business with a particular focus on colliery spoil heap reclamation projects.  The acquisition, which was earnings enhancing, allowed ATH Resources to build on its skills as a regenerator of land, whilst developing strong relationships with key English planning authorities.  The company has been successfully integrated into the Group.  The operational diversification that the acquisition brings to the Group will be a significant driver of ATH's organic growth going forward both in the UK and overseas and the business is actively pursuing a number of projects in Australia.

For the 53 week period ended 4 October 2009, the Group achieved turnover of £77.5 million and generated an operating profit of £8.6 million.

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
 
 
MSCGMGZVVKLGGZM

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 
Powered By Digital Look This is a solution provided by Digital Look Corporate Solutions incorporating their prices, data, charts, fundamentals and investor tools on this site. Terms & Conditions