About Us

Celtic Mining Group Limited (CMGL) was formed in 2004 by Richard Walters as a vehicle for acquiring the entire share capital of Celtic Group Holdings Limited, which in turn owns Celtic Energy Limited, the principal operating company of the group.

Celtic Energy Limited is the successor in South Wales to the former British Coal Corporation that was privatised by the Government in 1994 and was responsible for all of British Coal’s surface coal mining activities in South Wales.

Owner and Managing Director Richard Walters is a member of the Walters family which owns the Walters Group of companies that include a major civil engineering and plant hire company operating out of South Wales.

The other directors of CMGL are:

Leighton Humphreys - Chartered Accountant (ACA) - Qualified at PriceWaterhousecoopers, worked as Finance Director with Euro Commercials before moving to Celtic Energy Limited.

Martyn Llewellyn - a Member of the Institute of Chartered Accountants who has formerly worked for international accountancy practice PriceWaterhouseCoopers;

Huw Richards - an Associate Member of the Institute of Quarrying who has formerly worked for RMC Aggregates and Wimpey Mining.

Celtic Energy has a substantial reserve base of low sulphur, low ratio coal to guarantee the success of the company for the foreseeable future. This coal reserve from the current sites and from the company’s land interests will maintain a supply of quality coal to the domestic and industrial markets of power generation, steel making, cement production and other industries.

Celtic Energy employs over 250 personnel and over 100 contractors personnel at its sites, at the Onllwyn Washery and at its head office in Caerphilly. Locally based engineering and other industries provide additional employment within the South Wales communities in support of the Celtic Energy operations.

The sites have skilled management teams, consisting of Mine Managers, Engineering Managers, fitters, heavy plant operators and administrative personnel. Site management are supported by a skilled team of planners, estate managers, accountants, and coal processing and sales personnel.