ATH Ath Resources

TIDMATH

RNS Number : 6162O

ATH Resources plc

21 September 2011

 
 Press Release   21 September 2011 
 

ATH Resources plc

("ATH Resources" or the "Group")

Planning approval received for an extension to existing site at Muir Dean

ATH Resources plc (AIM:ATH), one of the UK's largest coal producers, is pleased to announce that its application to mine 0.35 million tonnes of coal reserves from the Annfield extension has been approved by the local planning authority in Fife. As anticipated in planning processes of this nature, a number of matters are still to be concluded prior to the start of work at the mine, which is scheduled to commence production towards the end of 2011.

The Annfield mine is an extension to ATH's existing operation at Muir Dean which is expected to finish production in 2012.

Alistair Black, Chief Executive of ATH Resources, said: "This planning approval provides continued employment for 70 direct employees in the area and is an important contributor to the future of the ATH business as well as the local economy in this part of Fife."

- 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 
 Mark Dixon / Quincy Allan       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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