GCL has successfully undergone a significant corporate rebuild during 2004 against a backdrop of rising sale prices for all coal products. Since the departure of the major shareholder, UK COAL PLC in April 2004, GCL now has a platform of new shareholders and three new and experienced non-executive Directors on the Board of GCL.

The Board of GCL is committed to establishing and maintaining GCL as a profitable coal mining Company delivering coal products into specific niches in the coal market. The Board is further committed to stewarding GCL as managers of safe and efficient operations within the Gloucester community.