31stJuly 2012
Company Announcements Office Australian Securities Exchange Level 4 Exchange Centre
20 Bridge Street Sydney NSW 2000
QUARTERLY ACTIVITIES REPORT - 3 MONTHS ENDED 30 JUNE 2012
Ikwezi Mining Limited (ASX: IKW,
Ikwezi Mining or Company).
Thermal coal markets continue to be affected by price volatility, driven by high global inventory levels. Production cutbacks in the US and Indonesia, together with stockpile reductions in the US, are expected to lead to a stabilisation of prices over the coming months. The Company remains positive on the medium-