Colonial Coal (TSX.V: CAD)

Is saddened by the recent passing of Anthony (Tony) Hammond, a founding director of Colonial and a longtime friend and supporter of Colonial Coal.

Tony served as a director of Colonial Coal International since October 2010.

 

 

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Comment

I am deeply saddened by Tony Hammond’s passing. I knew Tony personally, I liked and respected him a great deal.

In the roughouse world of mining, Tony stood out as an honest gentleman, totally focused on delivering value to shareholders of Colonial Coal.

Tony turned a small hole in the ground found by accident when making a car park into the Great Orme Mines, a wonderful educational facility for visitors to the Great Orme in Llandudno, North Wales.

The visitor centre Tony created allows people to experience what working in a Roman copper mine was like two thousand years ago. 

 

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Colonial Coal board member Hammond dies

2025-04-14 17:26 ET – News Release

Mr. David Austin reports

THE PASSING OF TONY HAMMOND

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Colonial Coal International Corp. is saddened by the recent passing of Anthony (Tony) Hammond, a founding director of Colonial and a longtime friend and supporter of Colonial Coal, its management and all mining projects that Mr. Hammond was instrumental in administrating and developing.

Tony served as a director of Colonial Coal International since October, 2010, and a director of Colonial Coal Corp. since November, 2008.

As a mining engineer, Mr. Hammond acted as the chairman and managing director of Great Orme Mines Ltd., in North Wales, United Kingdom, since March, 1990.

Formerly, from 1963 to 1981, Mr. Hammond worked for Anglo American Corp. in various positions, including as the manager of planning at the Vaal Reefs mine in South Africa.

Mr. Hammond was also previously the chief consulting mining engineer of Robertson Research International from 1981 to 1984, and has acted on the boards of directors of numerous public companies including NEMI.

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David Austin, Colonial Coal’s chief executive officer, stated:

“With Tony’s passing we not only lose a valuable contributor and supporter of Colonial Coal, but we also lose a very dear and cherished friend who has supported the corporation and me and my family personally for over 35 years.

 

“Our sincerest condolences to Tony’s family; which is our family; and we wish them nothing but support and the continuing knowledge that Tony was a great person who will be missed by many.”

 

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The full Stockwatch announcement can be read here

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To View Colonial Coal’s historical news, please click here

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Live metal prices can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Colonial Coal.

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Colonial Coal (TSX.V: CAD)

Top Canadian Fund manager Warren Irwin, of Rosseau Asset Manager is interviewed about his opinion of Colonial Coal.

This is a rare opportunity to hear the thoughts of a successful fund manager talking about a single stock he knows intimately.

 

 

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	Colonial Coal	TSX.v : CAD
	Stage	Exploration
	Metals	Metallurgical coal
	Market cap	C$294m   @ C$1.62
	Location	British Columbia, Canada
	Website	www.ccoal.ca

 

 

 

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Colonial Coal – Warren Irwin Interview

 

 

Colonial Coal (TSX.V: CAD)

Top Canadian Fund manager Warren Irwin, of Rosseau Asset Manager is interviewed about his opinion of Colonial Coal.

This is a rare opportunity to hear the thoughts of a successful fund manager talking about a single stock he knows intimately.

Warren expands at some length about the company and his thoughts for future monitization.

As a shareholder myself I thought it well worth listening to the whole interview, which lasts around 40 minutes.

To listen to the interview, which is hosted on Youtube, please click here.

With deals being done in the Peace River region, as well as in other countries around the world such as Australia, Colonial’s large tonnage assets are starting to stand out as one of the few major deposits still in the hands of a junior.

I do feel that with other deals now completed it’s only a matter of time before the first bid arrives for one of the few remaining large deposits of quality coking coal available in a tier one jurisdiction.

CEO David Austin has founded two coking coal companies in this region of Canada that went on to be taken out by majors, with Western Canadian Coal going for $3.2 billion to Walter Energy.

Colonial is taking longer to conclude a deal, and there have been some mitigating circumstances such as covid, and Canada’s relations with India and China being volatile in recent times. These relations have become warmer and more stable in recent times.

I am a long-term holder of Colonial Coal shares, and plan to hold until the company is acquired or participates in a corporate deal.

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To View Colonial Coal’s historical news, please click here

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live metal prices can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in Colonial Coal.

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Colonial Coal (TSX.V: CAD)

Colonial Coal have been featured in a new research report by Streetwise.

The article features up to date research on the metallurgical coal industry.

 

 

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Colonial Coal	TSX.v : CAD
Stage	Exploration
Metals	Metallurgical coal
Market cap	C$533m   @ C$2.96
Location	British Columbia, Canada
Website	www.ccoal.ca

 

 

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Colonial Coal Featured in new Streetwise Report

 

 

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Colonial Coal (TSX.V: CAD) have been featured in a new research report by Streetwise.

The article features up to date research on the metallurgical coal industry.

To read the article, please click HERE

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To read the full news release please click HERE

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To View Colonial Coal’s historical news, please click here

.

Live metal prices can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Colonial Coal.

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Colonial Coal (TSX.V: CAD)

Colonial announced the result of their AGM held yesterday, 14th December, in Vancouver.

All directors were re-elected, the BOD were re-elected, and all motions duly passed.

 

 

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Colonial Coal	TSX.v : CAD
Stage	Exploration
Metals	Metallurgical coal
Market cap	C$342 m   @ C$1.95
Location	British Columbia, Canada

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Colonial Coal report a sucessful AGM.

 

Colonial Coal (TSX.V: CAD) announced the result of their AGM held yesterday, 14th December, in Vancouver.

All directors were re-elected, and all motions duly passed, please see the official news release below.

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The company is pleased to report that, at its AGM, shareholders voted to re-elect David Austin, Ian Downie, Anthony Hammond, John Perry, Gregory Waller and Partha S. Bhattacharyya as directors of the company for the ensuing year.

In addition, at the AGM shareholders also approved the reappointment of PricewaterhouseCoopers LLP, chartered professional accountants, as the company’s auditor, and authorized the directors to fix the auditor’s remuneration.

Furthermore, at the AGM shareholders also approved the continuation of the company’s current share option plan which is dated for reference Dec. 14, 2022.

For more information on these matters please refer to the company’s AGM management information circular which is available on SEDAR+.

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Following the AGM the board of directors met and confirmed the appointment of the following company executive officers:

• Mr. Austin: chairman, president and chief executive officer;
• Mr. Perry: chief operating officer;
• Andrea Yuan: corporate secretary and chief financial officer.

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The following members were reappointed to the company’s current audit committee:

• Mr. Downie (chairman);
• Mr. Austin;
• Mr. Hammond.

The board would like to thank the shareholders for their continuing support.

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To read the full news release, please click HERE

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Colonial Coal (TSX.V: CAD)

Following the slide in the company’s share price following the decision by B.C environmental authorities to decline the AE for  Glencore’s Sukunka project, Colonial Coal have issued a clarifying news release.

The Sukunka decision has no effect on CAD’s B.C. projects. 

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Colonial Coal	TSX.v : CAD
Stage	Exploration
Metals	Metallurgical coal
Market cap	C$184 m   @ C$1.05
Location	British Columbia, Canada

 

Comment

Colonial Coal have been caught in a triple vortex of news all coming together that resulted in one spooked investor dumping 350,000 shares into the market in one go early Thursday morning, and hammering down the shareprice as a result.

This was amateur hour, and cost the seller severely as the price plunged, as buyers retreated as they saw the size of the volume on the ask.

The events that led up to this were the announcement by Tech that they have done a deal with Conuma in respect of their Peace River assets, when some thought Colonial may have been looking for that deal, the Sukunka licence denial announcement by Glencore, and of course the old favourite, Canadian tax loss selling.

Colonial could have taken any one of these events in it’s stride, maybe two, but all three at the same time?  Sadly it spooked someone, and they panic sold without trying to place the stock first, or sell in small chunks, and that caused today’s price slump.

The price recovered from the 96 cent low to finish around CAD$1.10

 

 

 

Colonial Coal says projects unaffected by Sukunka EA

COLONIAL COAL PROVIDES UPDATE

 

“Colonial Coal International Corp. has confirmed that, on the facts as presently known to the company and the market, the recent decision of the B.C. Environmental Assessment Office respecting an environmental assessment certificate for Glencore Canada’s Sukunka mine has no bearing whatsoever on Colonial Coal’s current coal projects and their further development”.