Saturday, November 5, 2011

BusinessDay - CoAL raises funds for projects

BusinessDay - CoAL raises funds for projects:

COAL of Africa (CoAL) has raised about $106m in a share placement yesterday, giving it the money to buy the Chapudi thermal and coking coal prospect from Rio Tinto, advance its Makhado project and bring its Vele mine into production early next year.

'via Blog this'

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