History

Coal of Africa Ltd, originally GVM Metals Limited, was incorporated in Western Australia in 1979, and listed on the Australian Stock Exchange in 1980. The company focused primarily on minerals exploration in Western Australia and Indonesia.

Through a series of strategic acquisitions, Coal of Africa has moved its focus from being a gold, platinum and base metals exploration company to becoming a coal mining and metals processing business, targeting predominantly South African mining and minerals processing assets.

In 2005 it was decided to seek a listing on the AIM market of the London Stock Exchange in the UK in order to expand the shareholder base. This was achieved in November of that year and has been the first of a series of major developments for the Company.

In November 2006, the Company listed on the Johannesburg Stock Exchange (JSE), a move which will assist the Company to further expand its interests in South Africa by allowing the Company to acquire assets by means of share issue.