Trading Update (6100K)

TIDMATH

RNS Number : 6100K

ATH Resources plc

19 July 2011

 
 Press Release   19 July 2011 
 

ATH Resources plc

("ATH Resources" or the "Group")

Trading Update

ATH Resources plc (AIM:ATH), one of the UK's largest coal producers, today announces that progress in opening up the Group's next development, Duncanziemere in East Ayrshire, is on schedule with excavations due to commence in early August 2011. The Group also reports that volumes of heat affected coal at Netherton have declined as operations progress away from the initial excavation area and the Group has now identified a suitable market for the majority of the heat affected coal encountered.

Following the recent planning success of Glenmuckloch East in Dumfries and Galloway last month, the Group's application for an extension at the Muir Dean site in Fife is due before Fife Planning Committee in autumn 2011. The Group will update the market on the result of this application in due course.

Expectations of trading performance for the full year are in line with the update given in the Interim Results on 14 June 2011.

- Ends -

For further information:

 
 ATH Resources plc 
 David Port, Executive Chairman       Tel: [phone] 
  Alistair Black, Chief Executive    Tel: [phone] 
                                                 www.ath.co.uk 
 
 
 Seymour Pierce Ltd 
 Sarah Jacobs / John Cowie (Nominated   Tel: [phone] 
  Adviser) 
 Richard Redmayne / Katie Ratner 
  (Broker) 
                                            www.seymourpierce.com 
 

Media enquiries:

 
 Abchurch 
 Joanne Shears / Mark Dixon      Tel: [phone] 
 [e-mail]      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

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