Tue, 26th Aug 2014 13:55
(ShareCast News) - Shares in Coal of Africa were up 5.54% after the Australian based miner signed a funding deal with a Singaporean private investment company. At 0900 BST shares in the AIM listed stock rose to 4.54p after the company secured two tranches of funding worth £12.4m. Under the arrangem
Read moreCoal of Africa has cancelled the sale of its South African Mooiplaats Colliery asset to Blackspear Capital and has already began the search for another buyer. The sale, which was agreed earlier this year, was postponed twice, to offer Blackspear more time to provide proof of funding for the 250m ran
Read moreMetallurgical and thermal coal producer Coal of Africa has appointed De Wet Schutte as its chief financial officer. The 44-year-old, who has covered the same role at Atlatsa Resources Corporation and has also worked for Australia-based Macquarie Bank as managing director of natural resources, will b
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