• Wednesday, August 27 2014
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Coal of Africa CEO David Brown. Picture: ROBERT TSHABALALA

Coal of Africa rises on news of fresh funds

CoAL has been raising funds through the sale of various non-core assets, but it has been negotiating for some time to sell its Mooiplaats colliery

Delta continues efforts to sell former Australian plant

Picture: THINKSTOCK
4 day(s) ago

Delta EMD says it is marketing its assets held for sale and continuing its efforts to sell former Australian plant, following group’s decision earlier this year to shut shop

CoAL looks to raise £38m as Vele output halt, extra costs bite

Picture: THINKSTOCK
23 hour(s) ago

Coal of Africa says it has entered into agreements with investors to raise about £38.225m through issue of up to 695,000,000 new shares

Shaft Sinkers upbeat after clients help out

The main shaft at Wesizwe’s Bakubung platinum mine in Rustenburg. Picture: SUNDAY TIMES
2 day(s) ago

Shaft Sinkers is putting in place a £9.2m convertible note programme to restore its working capital after taking severe hits

iMfolozi coal mines raise concerns

PARTNER: Andrew Zaloumis says fostering a good relationship with those who live adjacent to the park is crucial. Picture: ARNOLD PRONTO
2 day(s) ago

Among fears being raised are that being close to the iMfolozi River, the major river feeding the Lake St Lucia estuary and iSimangaliso World Heritage site, any pollution from the mines would pollute the wildlife sanctuary

 
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