BNET Industries

UK Coal Plc.

UKC is in the Energy Industry

Last Fiscal Year Sales:$651.5M
  • Public
  • UK
Dow Jones Description

UK COAL is Britain's biggest producer of coal, supplying around 7% of the country's energy needs for electricity generation. The Group has four deep mines located in Central and Northern England with substantial reserves and employs 3,500 people. It has seven active surface mines and has received planning permission for a further site. Total surface mining coal reserves, including projects being worked and in planning, are approximately 97 million tonnes. With substantial land and property interests, UK COAL develops and regenerates brownfield sites, manages business parks on former mine sites and manages a substantial agricultural portfolio of land and buildings. UK COAL's property interests were valued at 31 December 2006, at 343 million. UK COAL owns a power generation business utilising waste gas from mines to generate electricity, and has received planning permission for the development of the Group's first wind farm.

Number of Employees 3,100
Contact Information

Harworth Park Blyth Road

Doncaster DN11 8DB

www.ukcoal.com

(44) 1302 751 751

NAICS Code Bituminous Coal and Lignite Surface Mining: 212111

Recent Events

  • UPDATE 1-UK Coal Q3 revenue down, output flat

    10/26/09 - Financial Announcement - View Story

  • UK Coal to raise 100 mln stg from investors-Sky

    9/15/09 - Financial Announcement - View Story

  • UK Coal raises cash to cut debt

    9/18/09 - New Investment - View Story

News & Analysis

uk coal plc. - All News and Analysis

  • UK Coal in Pounds 140m property deal

    - 2007-11-29

    Business News IN BRIEF --UK Coal has struck a 140m joint venture with the property firm Helical Bar to build offices on a former coal mine in Sheffield. The 50:50 partnership is looking to develop a 660,000 sq ft office for government departments and organisations being relocated out...

    Tags: UK Coal Plc.

  • ICM league payment tables launched

    - 2007-10-01

    Figures released by the Institute ICM upon the launch of it's new payment league tables reveal the true extent of the late payment crisis threatening to engulf the UK business community, despite a slight improvement in payment performance overall. The research undertaken by the ICM's Credit Management Research Centre at...

    Tags: UK Coal Plc.

  • UK Coal is all fired up.

    - 2007-09-05

    Rising prices and output, together with a strong property book, boost profits Jonas Crosland As far as income goes, UK Coal is a property company with a loss-making sideline in coal extraction. But this could all be about to change. For while its deep...

    Tags: UK Coal Plc.

  • UK Coal given green light to redevelop Selby complex

    - 2007-08-18

    Britain's biggest coal producer has been given the go-ahead to develop a former mine site, creating hundreds of new jobs. UK Coal said it had secured consent to retain an extensive range of buildings at Gascoigne Wood, which was part of the Selby complex of mines in Yorkshire. The Local...

    Tags: UK Coal Plc.

  • UK Coal is a good long-term bet in the property stakes

    - 2007-06-02

    Five years ago the odds on the remnants of the old Coal Board being one of the top investments in the FTSE 350 would probably have been short. But UK Coal has returned an incredible 1,000 per cent since hitting a low of just over 50p in late 2002. ...

    Tags: UK Coal Plc.

advertisement
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement