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Gcm Resources Plc - Company Profile Snapshot

Company Profile: Gcm Resources Plc
Ticker: GCM
Exchanges: LON
2009 Sales: n/a
Major Industry: Oil, Gas, Coal & Related Services
Sub Industry: Coal Producers
Country: UNITED KINGDOM
Employees: 80

Business Description
Gcm Resources Plc Formerly known as Global Coal Management Plc. The Group's principal activity is developing the coal basin at Phulbari in Northwest Bangladesh into an open pit coal mine. The Phulbari Coal Project contains 572 million tonnes (Mt) of coal resource to be exported to target markets in Bangladesh, Asian sea ports and India. The mine life is expected to be more than 30 years, with production of 15 million tonnes at full capacity of mostly export quality metallurgical and thermal coal. The Project has the potential to install up to 1000 MW of coal fired power generating capacity at the mine site.

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