Concerns of weakening US and Chinese growth and European instability have led to a drop in coal company share prices However, coal production levels and expansion investments remain robust on the back of continued emerging market growth.
Mining Weekly.com reports that a group from Unesco will be visiting Mapunubwe to determine if Coal of Africa (ASX:CZA) has inflicted any damage at their Vele mine.
Coal of Africa Ltd., ( ASX:CZA) the Australian miner of the fuel, said it expects the South African government in the next few weeks to approve the restart of operations at its Vele project in the country’s Limpopo province. “It could be as soon as a couple of weeks,” Director Peter Cordin said in an interview [...]
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