South Africa-focused Continental Coal is one step closer to becoming a midtier coal producer, after buying a majority 64,1% stake in unlisted Mashala Resources for $35-million in cash. ASX-listed ...
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WhatsApp: +86 18221755073ASX- and Aim-listed Continental Coal on Thursday said its 74%-owned South African subsidiary had completed the acquisition of the outstanding minority interests in coal mining junior Mashala Resources. The acquisition afforded Continental Coal South Africa with, besides others, interests in the Ferreira and Penumbra coal mines, in Mpumalanga, …
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